Online poker is alive and well - with a few jagged edges. An indictment against the founders of PokerStars, Full Tilt Poker, and Absolute Poker was unsealed by federal authorities on Friday, April 15th, 2011. The charges were money laundering, illegal gambling, and bank fraud, along with restraining orders issued against over 75 bank accounts that were used by the online poker companies and their payment processors - including five internet domain names. PokerNews has an updating page to keep you atop the latest news as it unfolds.
John Pappas, Executive Director of the Poker Players Alliance (PPA), released this statement, “Millions of Americans across the country today are outraged over the U.S. Department of Justice’s clear attack on internet poker. While the government’s focus may be on the companies who operate these games, this is plain and simple a declaration of war on poker players and poker players’ freedoms. Not only are the over 10 million online poker players left without a place to play the game they enjoy, and from which many earn their livelihood, but they also have concerns over the availability of their funds. The PPA believes that no players’ money should be jeopardized by this prosecution.
“Let me be clear, online poker is not a crime and the honest poker players across the country will not stand to be restricted from one of America’s greatest pastimes. On behalf of over one million members, the PPA is working hard to protect the interests of our players and is committed to U.S. citizens’ right to play online poker.” If you aren't a registered member of the PPA, please join now. Once you have joined, the upper, right hand menu gives you the choice of 'write your lawmaker' where you can send three letters, 1) To President Obama and Attorney Holder; 2) Your members of Congress; 3) Your State Lawmakers. The letters take less than 60 seconds to send, do it now!
The road to clear all of the government obstacles to online poker regulation, taxation, and control has been long and dissatisfying. The government (state and federal) appears to close all ears to the citizens of the United States wants, with warrants, indictments, threats of jail, and huge fines. Online poker, if regulated and taxed would bring in BILLIONS more in income than the fines would ever bring in, and would set up the required safety measures to protect children (but shouldn't regulation of children also come from the home?) and problem gambling.
While the U.S. players are blocked from earning their daily income in an online SNG, or even being able to withdraw their money from the online poker sites that are under fire at the present time, online poker is still up and running, games are starting, and the rest of the world is pulling up a chair and firing up the green felt.
Bodog Poker is open to U.S. poker players, with a Sportsbook and Casino, so don't stay stranded on the desert island known as the United States, set up your account at Bodog and get in on the great PokerWorks $100K Satellite Series Event that started April 9th.
At PokerWorks, we are geared to the business of poker, we'll bring you the best deals and bonuses at online poker sites around the world, including PokerStars, Full Tilt Poker and Absolute Poker because we realize that over 15 Million online poker players live outside the United States.