The FBI Seizes Major Online Poker Websites



this is all a pre-cursor to a new govt-sanctioned online gambling establishment. wonder who the poker czar will be?
 
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Their control is getting be insane. We can't do shit anymore.

They wonder why our economy is fucked. Laws on top of laws on top laws. Permits, fines, regulations.

Land of the fucking sheep.
 
Do not like this, it's slippery slope - first download/file share sites, then gamblers, what's next prawn or TM domains?

Interestingly though all sites like ub.com, pokerstars.com, etc still work fine north of the border.

They don't work in Europe too.
Seized domains
 
I'm gonna beat a dead horse.

Let's go back to the Safe Port Act of '06. That bill set the stage for the event we have just witnessed. Look at the legislative portion of the wiki page. Note the votes for the bill:

House: 421-2
Senate: 98-0

Let's go to govtrack, and take a look at the details. Drill down to the House to see who voted no on the bill. Here they are:

AZ-6 Flake, Jeff [R]
MA-7 Markey, Edward [D]

Wait a second. Where is Ron Paul on the list of no's?!

Surprise. He ain't there because he voted Aye.


Dead horse beating begins now:

Some of you no doubt voted for the folks who voted Aye on the bill that just cut the legs from the big poker sites. That is, unless you happened to be in AZ or MA and voted for Flake and Markey. And Bush Jr. signed it.

Do you see where I'm goin' with this?

You cannot use the state, an instrument of oppression, to gain more freedom. It doesn't work that way. It has never worked that way. Nor will it ever work that way.

Yet, how many of you in this thread will go to the polls and vote for a new wave of thugs?

When you vote, you are complicit in everything the thugs do.
 
How did they ever think it would last? Running billions of dollars through companies run WITHIN the US, that do business illegal within the US. ok , the dollars may have never entered the US but that just not matter to most Western countries. Here in the UK, if you corp is making a mint outside it's shore, if they can prove you're running it from the UK, they want a piece of the pie. It's UK money in their eyes.

If you're in the US... and want to do something that is high ROI but illegal in the US (controlled pharm, streams, warez, counterfit, rogue/scareware, silent adware, gambling, bestiality, spam)... it's cost less in the long run to set it up offshore and have a straw company deal with it for you.

Don't sit around in you Miami mansion and think just cos you got rich means they'll let you keep it. I think they love to wait till you have that 7 car garage filled up so they can "consficate" it.
 
Fuck, this is big. I still haven't quite understood what they are being charged with. The LA Times has it down as "gambling is illegal", which is just stupid. Not even the FBI holding pages say that.
 
Here's the full 52 page indictment for those interested in reading it...

https://docs.google.com/viewer?a=v&...NDZhYWNmYzUwM2U3&hl=en&authkey=CJ6Jmu0C&pli=1

Basically to summarize, the big players had middlemen who were paid BIG bucks to continue processing their transactions well after the UIGEA passed. They even bought up shares in small banks and processed gaming transactions as "audio equipment" and "computer hardware", essentially laundering the money on behalf of the gaming companies. The people named in the indictment aren't the owners of these companies.

I all likelihood these guys will take the fall, the US gov't will settle with all the companies in question and everyone will continue on like nothing ever happened. The gov't needs to save face for not having done something sooner and with legalization around the corner they couldn't just let these players into the market freely without making them pay for their past indiscretions, especially having previously settled with the likes of Party Gaming and its owners.

It's going to be painful for the guys in the middle, but they knew full well what they were doing and made hundreds of millions, if not billions, doing it.

It's certainly interesting around these parts right now. Gibraltar employs thousands in the online gaming sector and just about every major player has offices there. You've got to know an army of lawyers, tech support and customer services are mobilized on the Isle of Mann and elsewhere tonight. Lots of people got called back from the bars and are working late into the night. Other company's marketing teams are cooking up ways they can capitalize.
 
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How did they ever think it would last? Running billions of dollars through companies run WITHIN the US, that do business illegal within the US. ok , the dollars may have never entered the US but that just not matter to most Western countries. Here in the UK, if you corp is making a mint outside it's shore, if they can prove you're running it from the UK, they want a piece of the pie. It's UK money in their eyes.

If you're in the US... and want to do something that is high ROI but illegal in the US (controlled pharm, streams, warez, counterfit, rogue/scareware, silent adware, gambling, bestiality, spam)... it's cost less in the long run to set it up offshore and have a straw company deal with it for you.

Don't sit around in you Miami mansion and think just cos you got rich means they'll let you keep it. I think they love to wait till you have that 7 car garage filled up so they can "consficate" it.

What are you talking about? Pokerstars is registered on some tax haven island off the UK, not the US. They operate everywhere, including the US.
 
Here's the full 52 page indictment for those interested in reading it...

https://docs.google.com/viewer?a=v&...NDZhYWNmYzUwM2U3&hl=en&authkey=CJ6Jmu0C&pli=1

Basically to summarize, the big players had middlemen who were paid BIG bucks to continue processing their transactions well after the UIGEA passed. They even bought up shares in small banks and processed gaming transactions as "audio equipment" and "computer hardware", essentially laundering the money on behalf of the gaming companies. The people named in the indictment aren't the owners of these companies.

I all likelihood these guys will take the fall, the US gov't will settle with all the companies in question and everyone will continue on like nothing ever happened. The gov't needs to save face for not having done something sooner and with legalization around the corner they couldn't just let these players into the market freely without making them pay for their past indiscretions, especially having previously settled with the likes of Party Gaming and its owners.

It's going to be painful for the guys in the middle, but they knew full well what they were doing and made hundreds of millions, if not billions, doing it.

It's certainly interesting around these parts right now. Gibraltar employs thousands in the online gaming sector and just about every major player has offices there. You've got to know an army of lawyers, tech support and customer services are mobilized on the Isle of Mann and elsewhere tonight. Lots of people got called back from the bars and are working late into the night. Other company's marketing teams are cooking up ways they can capitalize.

Holy shit. Now I get it. Thanks for posting that...
 
What are you talking about? Pokerstars is registered on some tax haven island off the UK, not the US. They operate everywhere, including the US.

Where do you think the owners lived? Where do you think countless other assets (buildings, domains, sub-LLCs, staff, processing accounts, just a fuck-ton of other stuff) were based? The US. Otherwise, how the fuck did the FBI just shut-down 3 top online poker sites?

Think.

Are you thinking yet?

They're not the US Military. They can't just fucking invade offshore locales. The companies fucked up by having shit in the US that the US government could just take. They did. Shit was took. Just cos you're dumbass looks at the whois and see Isle of Man, Jersey, British Virgin Islands and someother tax haven does not mean the companies did not take liberties by having stuff where their lawyers would have told them not to. Every company making a 100+ million dollars a year thinks they are doing just fine they way they are doing it.

Hence this thread. Hence my post.

What the fuck are you talking about?