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I believe I broke the news on FB & expanding on Twitter with this. I have been getting quite a lot of phone calls, text messages, Instant messages etc from many of you and from execs at “organisations” who operate in the space.
I will update on FB and/or Twitter if I hear more. Please feel free to copy and paste here.
I am also compiling Pzyche stats to show the impact this will have on the industry looking at a few differing scenarios.
thanks
Jason
Completely shocked!! It’s going to change so much, so many players right now looking for a home and why poker not the sports books or casinos out there?
@alexpratt 227501 wrote:
Completely shocked!!
I’m not shocked. After it happened to Bodog it wasn’t a surprise.
This is a volatile industry for all of us. With 10+ years now in the gaming industry I have seen pretty much all of it.
Companies who fly way above the radar and by advertising in countries like the United States are putting a gigantic “CATCH ME IF YOU CAN” targets on their back. Sad, but truthful act is you’re going to get shutdown.
Calvin did it inadvertently when the Forbe’s article was done and look what happened there.
@alexpratt 227501 wrote:
why poker not the sports books or casinos out there?
Because casino and sports don’t (can’t) advertise mainstream in the States. Even with .net they have issues, I worked at big sportsbook and remember the woes.
The difference is this is the FBI and they came armed with arrest warrents and it was Kentucky last time who were actually wrong ultimately
I was just sent this article, it’s a must read!
“..Then last April, Tzvetkoff was arrested in Las Vegas and charged with the same crimes those sites founders were charged with today: money laundering, bank fraud, wire fraud. As an Australian citizen with a lot of wealth, he was considered a flight risk and denied bail.
Then after a “secret” meeting with prosecutors, he was suddenly out on bail. And now, his former colleagues are the ones facing serious jail time.”Read more: Poker Indictments: Daniel Tzvetkoff May Have Given Up The Online Poker Industry To The Feds
Yep, just read that too.
wow… i’m starting to wonder if even Webmasters are safe at this point.
Posting links & reviews for online casinos… a crime yet ?
America closed – Germany Closed –
Who will be the new big boy Poker businesses? Pzyche – Understand, React, Earn | The Day the Online Poker industry changed Part II
My view based on over 120 Million rows of Pzyche data as to who will be the new biggest operators
@Arjun 227504 wrote:
I was just sent this article, it’s a must read!
“..Then last April, Tzvetkoff was arrested in Las Vegas and charged with the same crimes those sites founders were charged with today: money laundering, bank fraud, wire fraud. As an Australian citizen with a lot of wealth, he was considered a flight risk and denied bail.
Then after a “secret” meeting with prosecutors, he was suddenly out on bail. And now, his former colleagues are the ones facing serious jail time.”Read more: Poker Indictments: Daniel Tzvetkoff May Have Given Up The Online Poker Industry To The Feds
Found a more in-depth version, really interesting Web king's life on the line | Courier Mail
@alexpratt 227503 wrote:
The difference is this is the FBI and they came armed with arrest warrents and it was Kentucky last time who were actually wrong ultimately
Yupp. It’s fun to be in Costa Rica right now. I think I’m going to head to the beach this weekend.
@rialto.carlo 227510 wrote:
Yupp. It’s fun to be in Costa Rica right now. I think I’m going to head to the beach this weekend.
Not to rain on your parade but if you are American (don’t think you are judging by your name) you are NOT safe in Costa Rica. Have fun at the beach, you heading to Guanacaste or somewhere closer?
@alexpratt 227511 wrote:
Full 52 page indictment Abu Dhabi Ship Building Launches Third Vessel Of Baynunah Corvette Class Program For The UAE Navy – Abu Dhabi City Guide
Huh? Are you sure you are not a real estate spammer?
I’m surprised everyone is missing a very important fact in this case:
And John Campos, the vice chairman of the board and part owner of SunFirst Bank, was charged for his role in the process.
An American bank (located in Utah, where they don’t allow gambling) was laundering money, that’s the first reason the DOJ is on this, it’s another serious banking issue. Plus, with Harry Reid, Steve Wynn and Gary Loveman all talking about US federally regulated online poker also in the news this month, not a big surprise to see the enemies of Vegas getting busted.
The US Government likes to send messages. This message is that unlicensed poker is over and i suspect that congress will be creating a regulated poker regime and most states will opt-in over time.
I personally wondered how these places could manage to process US deposits and payouts, what bank was taking the risk. I had assumed some big banks were using the “skill game” argument to get regulators to back off. But it was old fashion, mis-classifying the charge, with the banks cooperation.
