Tuesday, April 19, 2011

online poker shut down sources

http://www.csmonitor.com/Commentary/the-monitors-view/2011/0418/A-full-tilt-federal-shutdown-of-online-poker
Summary of why the sites got shut down.  Laundering money through US banks.

http://www.latimes.com/business/la-fi-poker-busts-20110416,0,308055.story
In depth information about the issue.  Told a couple stories of people whom either make their living playing poker online and who rely on that money to survive.

http://www.internet-poker.co.uk/Poker-News/Poker-Industry/Online-Poker-Sites-Shut-Down~4106.html
Spoke about the penalties that the officials of the websites could possibly face, which is up to 30 years in prison and a $1 million out of pocket fine (not able to take from the company).

http://www.businessinsider.com/online-poker-players-get-their-money-back-2011-4
Explained the difficulties of how/when/if the players will be getting their money back that are currently in frozen accounts.  The sites should be at fault and not the players, but it will be tough to get the players back their money because they got it through somewhat illegal means.

http://www.dailyherald.com/article/20110419/business/110419682/
Gave a full summary of the events that were taking place with the online poker.  Also, spoke about the law passed in 2006 that made online gambling within the US illegal.

http://articles.chicagotribune.com/2011-04-18/news/ct-met-charity-poker-20110417_1_charity-poker-chris-moneymaker-charitable-games
A charity poker event that takes place nearly everyday in Chicago is being close to getting shut down.  The charities are only receiving about 10% of the profits from the events which is pretty pitiful.  Also, there is side betting going on where the players will tip the dealer instead of a piece of the pot going to charity.  There have been a few incidences similar to that which is making authorities very suspicious of the games.

http://www.youtube.com/watch?v=jXWPnuzOco0
This is a video from CNN and does a great job explaining some of the pro's and con's to legalizing online gambling.

1 comment:

  1. Good. Interested to see what you have to say about all of these sources.

    ReplyDelete