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What are the chances of PokerStars Being open to the U.S.A. again?

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What are the chances of PokerStars Being open to the U.S.A. again? - Tue May 24, 2011, 02:22 PM
(#1)
SuperBoyGold's Avatar
Since: Sep 2010
Posts: 35
BronzeStar
Where can I find info on how the case is going against Poker Stars and who can tell me how it is looking for US Players. I really miss being able to play and would like to know any info anyone has at all about this situation.
 
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Tue May 24, 2011, 03:49 PM
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IroncladMerc's Avatar
Since: Jun 2010
Posts: 581
I'm pretty sure the chances of US players coming back to pokerstars are zero. Even once online poker is legalized in the US (years away), I'm sure because of this incident with the DOJ there's no way in hell Stars will be able to get a license to operate in the US.
 
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Tue May 24, 2011, 04:06 PM
(#3)
hobojim11247's Avatar
Since: Jun 2010
Posts: 1,388
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Quote:
Originally Posted by IroncladMerc View Post
I'm pretty sure the chances of US players coming back to pokerstars are zero. Even once online poker is legalized in the US (years away), I'm sure because of this incident with the DOJ there's no way in hell Stars will be able to get a license to operate in the US.
You might be right but the DOJ is a political animal and only enforces what the existing admin focuses on.
I think that once congress clears up the ambiguities in the law and gives clear guidance to the DOJ that things will sort themselves out
.
From what I have gleaned in reading a lot about this is that the DOJ couldn't care less about poker, but is VERY concerned the banking system being used to launder money in violation of our laws.

Right now there is a lot of fear at the DOJ of another 911 and of the DOJ being caught with their pants down as to letting our banks being used to launder terrorist money. One source in the DOJ said that the money path of PS, UB and FT was a convoluted "black hole" with no way of telling where the money came from and where it went with any sureity, hence, they took the position that if they could not know for sure they would shut it down. Kind of like when in doubt make sure you ass is covered.
 
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Tue May 24, 2011, 04:08 PM
(#4)
IroncladMerc's Avatar
Since: Jun 2010
Posts: 581
Well I have to admit that the way these sites set up shell companies within shell companies does look suspicious. It's the same thing organized crime does to hide their illegal operations.
 
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Tue May 24, 2011, 09:50 PM
(#5)
SuperBoyGold's Avatar
Since: Sep 2010
Posts: 35
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Boy thats sad to hear, what about the PPA is there anything they are doing? Is there anything I can do to get poker back?
 
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Wed May 25, 2011, 05:04 AM
(#6)
Moxie Pip's Avatar
Since: Aug 2010
Posts: 3,853
Quote:
Originally Posted by SuperBoyGold View Post
Boy thats sad to hear, what about the PPA is there anything they are doing? Is there anything I can do to get poker back?
I'm somewhat ambivalent as to the PPA's true agenda myself (I'm thinking at the end of the day they're shilling hard for the casino's in the on-line effort,which may or may not be a good thing).

One thing I'm personally hoping for is that the Democrats take the House back in 2012 as it would...

A. Remove Spencer Bauchus (R-ALA) from his chairmanship of the House Financial Services Committee. We do not have a more staunch opponent of on-line poker than Mr.Bauchus (Wall Street acting like casino's,rigged-ass casino's at that,he's perfectly fine with. BTW he made a major score right before the 2008 Banking collapse by betting on several financial institutes to come up short right before it happened. Never charged with anything though...gee what a shock.)

B. It might very well restore Barney Frank (D-MA) to the chairmanship of this committee. When he had the position before Mr. Frank passed legislation out of this committee that would have taken a big step towards legalizing on-line poker here in the States. It died on the floor of the House,but given the country's debt right now,and a need for new revenues,it could see a better fate if given the chance again. Mt. Bauchus will never let that happen,period. He's a Puritan on this issue and we are all wearing the Scarlet P in his opinion. But other staunch opponents (John Kyl R-AZ for one) have softened their position on this issue recently.

Now some will point out,and rightly so, that it was the DOJ under a Democratic administration that brought this case in the first place (or more they backed the mook that did...) and that's a valid point. But I feel that while the case was sufficient to compel a Grand Jury to indict (meaning it was,probably,neatly typed and had the signatures of 3 not under current indictment attorney's attatched) it is not ever going to see the inside of a courtroom in my opinion. So that aspect of this whole mess will probably be removed before any settlement is reached and any laws are passed to end the issue of the legality of on-line poker in the states once and for all.

I think at the end of the day something will happen sooner than later (sooner and later being relative terms where our government is involved) as one old adage that keeps coming back to me here is one that I think will ultimately rule the day on this issue.

The adage is "Money never sleeps."

Look the casino's and the pols who have bothered to look have all seen one thing that catches their jaundiced eyes...THE DAILY RAKE THAT STARS GENERATES. And they know that they want in on it from the casino's standpoint and that they want to collect taxes and licensing fees from the governments standpoint. The catch for the pols is the same one as always---what kind of blowback are we going to get from the voters if we legalize on-line poker,or on-line gambling period for that matter.

I'm thinking little or none myself. We have lotteries out the ying-yang in this country,casinos and slots palaces are popping up everywhere,I would say that the public is pretty much accepting that gambling is a (mostly) above board "entertaniment" industry these days. Hell five more years Vegas in going to be Disney World but with a different kind of juice than orange.

E-mail,write and call you representatives,at both the state and federal levels. Be respectful (or as much so as possible in some districts/states...) but make sure they know that this is a key issue in determining YOUR vote,now and in the future.Because the pol who doesn't weigh the "what do I gain,what do I lose" factor on EVERY vote has yet to be born. We have to make sure that we are watching on this and we will hold people accountable.

As to whether Stars (and Tilt and the others as well) will be part of any on-line poker in the future in this country I don't want to try and handicap that action. Wynn and some of the other casino's weren't talking with Stars and the others before Black Friday just to kibbitz. They see what Stars especially is hauling in and they know good and Damn well that the only way to maximize a sites potential (and,of course,profitability) is to be able to garner clients from the four corners of the globe. So I do think that their is some angling on the part of the casino's to allow the big boys to remain here in the states if they partner up with the casino's.It's going to come down to if it makes sense for all parties and if they can make the blockheads in DC see the light (a dodgy proposition admittedly). Or the casino's could just want the whole pie for themselves,even if only American players are allowed on US sites. Just a lot of different layers to this onion and I don't think April 15th was about any one thing but instead several things.

Got a feeling the resolution to this will be the same.

Last edited by Moxie Pip; Wed May 25, 2011 at 05:14 AM..
 

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