Full Tilt, Pokerstars, Ultimate Bet seized by gov't?

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  • dstover13
    Restricted User
    • 06-24-09
    • 174

    #841
    Originally posted by dstover13
    F'ing Republicans. Lets give miilionaires and billionaires tax breaks who have tax attorneys and use every "legal" tax loop which they dont pay crap now anyway. But, no no ones can plays cards on a computer. Oh no. But lets legalize for every person to carry a gun in a bar
    Before anyone here paints me as a liberal "D" let me say I am not that either. Their a bunch of A holes too. But when you compare the 2 The "R's" make me sick. They get on their high "moral" christian beliefs. But dont hesitate to send innocent americans to fight wars that we have no place in. Bail out the richest people in the world, want to build Nuclear power plant next to everyones home, let billionaires cheat a system even more that they alrwady are cheating. But the normal working people (who actually support the economy) cant sit down at the end of the day with their money and play cards or sport sin the confines of their own home
    Comment
    • jeter12171
      SBR Sharp
      • 07-01-10
      • 495

      #842
      offshore sportsbooks

      will the poker hassle have an affect on offshore books again here we gooooooooooooooooooooooo poverty in good ole usa but the they got money to hassle people
      Comment
      • dherd
        SBR Wise Guy
        • 03-21-09
        • 631

        #843
        write and call your congressman, write and call your senators, write and call the white house. ask them why not one single person from wall street has been indicted for the biggest fraud ever perpetrated on the country while at the same time they are going after people who freely transfer thier own money for their own entertainment purposes.

        also tell them to support congressman barney franks bill to legalize online gambling.
        Comment
        • dherd
          SBR Wise Guy
          • 03-21-09
          • 631

          #844
          Originally posted by Johnnythunder
          Shut up redneck. I'm a hard core republican but this countries greed, lies, corruption and hypocrisy are out of control. I would rather live in Canada now.

          as a hard core republican you should sit down and shut up = you are the cause of all this = john kyl republican from arizona started all this crap by slipping the bill into a budget bill in the bush admin.
          Comment
          • frizzelli
            SBR Hall of Famer
            • 08-06-10
            • 8916

            #845
            Originally posted by excel

            Comment
            • jeffksu
              SBR Wise Guy
              • 10-07-09
              • 604

              #846
              I've got one more payout pending and I hope it comes soon then will just rely on books here in Vegas for awhile...Too risky right now in my opinion...
              Comment
              • jeter12171
                SBR Sharp
                • 07-01-10
                • 495

                #847
                obviously rght before WSOP

                If they were gonna get sportsbooks they woulda did it before superbowl or march madness. most sites start giving away 1000s of WSOP seats right now thats when they can cause the most damage to poker
                Comment
                • opie1988
                  SBR Posting Legend
                  • 09-12-10
                  • 23429

                  #848
                  Never need payouts. Always lose. Only worry about reloads....
                  Comment
                  • obamaismyuncle
                    SBR Posting Legend
                    • 12-31-08
                    • 17801

                    #849
                    Originally posted by opie1988
                    Never need payouts. Always lose. Only worry about reloads....
                    lol
                    Comment
                    • Dirty Sanchez
                      SBR Posting Legend
                      • 03-01-10
                      • 16031

                      #850
                      Originally posted by opie1988
                      Never need payouts. Always lose. Only worry about reloads....

                      There's a little something towards a pizza Times are tough
                      Comment
                      • saintjames
                        Restricted User
                        • 09-19-09
                        • 747

                        #851
                        either way players on both sites will get long withdraw delays
                        Comment
                        • Fishhead
                          SBR Aristocracy
                          • 08-11-05
                          • 40179

                          #852
                          Originally posted by jeffksu
                          I've got one more payout pending and I hope it comes soon then will just rely on books here in Vegas for awhile...Too risky right now in my opinion...

                          Will see you in 3 months...........hold the fort down.
                          Comment
                          • MBENZ
                            SBR Hall of Famer
                            • 01-07-07
                            • 5238

                            #853
                            Originally posted by hondo5
                            I was planning on making a deposit this morning to my offshore, is this a bad idea given whats gone down since yesterday?
                            Depends on where you're depositing,some of these shops were a bad idea even before yesterdays fiasco.
                            Comment
                            • ttwarrior1
                              BARRELED IN @ SBR!
                              • 06-23-09
                              • 28444

                              #854
                              good time for other poker rooms to get usa players and not many are doing anything. Merge network business should go up but only if they are smart
                              Comment
                              • darys
                                SBR Sharp
                                • 03-23-09
                                • 315

                                #855
                                It's terribly sad that when I plan to play in vegas through satellites online poker. Now guess I have to change my plan.
                                Comment
                                • Keelo
                                  SBR Wise Guy
                                  • 05-13-10
                                  • 880

                                  #856
                                  I played FT fine last night but now this morning it asks to update the software and it never downloads properly. So NO I can't get on FT.
                                  Comment
                                  • xkgb
                                    SBR MVP
                                    • 11-29-10
                                    • 1328

                                    #857
                                    At least they weren't "cheating" their players out of money...Only the Government, just like every other large Buseness...So they happened to get caught. But i dare you name me ANY multimillion dollar company who do their business "by the book"
                                    Comment
                                    • DwightShrute
                                      SBR Aristocracy
                                      • 01-17-09
                                      • 102548

                                      #858
                                      Meet The Boy Genius Who Just Took Down The Online Poker Industry



                                      The internet is still coming to grips with the huge online gambling bust that just took down the U.S.'s three biggest online poker sites. But Australia's Courier-Mail newspaper already has the scoop on the one man who may have single-handedly built the online industry ... then handed it to the U.S. government on a platter.
                                      According to this story, Daniel Tzvetkoff was a young Australian entrepreneur who set up the payment processing schemes used by the biggest poker sites to handle their (mostly illegal) transactions.
                                      He is described by those who know him as a "boy wonder" and "genius" who started his first company at 13 and knew all the intricacies of e-commerce.
                                      He made Full Tilt Poker and Poker Stars millions of dollars — and made as much as $150,000 a day for himself — but then got even more greedy and started taking their. They sued him, accusing Tzvetkoff of taking more than $100 million of their money.
                                      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 cash, he was considered a flight risk and denied bail.
                                      Then after a "secret" meeting with prosecutors last August, he was suddenly out on bail. And now his former colleagues are the ones facing serious prison time.
                                      Daniel Tzvetkoff knows the operations of these poker sites inside and out. It was knowledge of the financial industry that allowed them to operate. He's the one man positioned to give the U.S. Attorneys everything they needed to take down their businesses.
                                      And it looks like that's exactly what he did, cooperating with the authorities to avoid his own lengthy jail sentence.
                                      All the major gambling prosecutions in the U.S. since Tzvetkoff's arrest have been run out of the office of Arlo Devlin-Brown, the Manhattan Asst. U.S. Attorney who is Tzvetkoff's "handler."
                                      According to a source, Tzvetkoff "knows how to reverse-engineer transactions to determine its original source," making him very valuable to investigators.
                                      And the biggest irony of all? It's been rumored that the only reason the FBI got their hands on him is because Full Tilt or Poker Stars (the companies he used to work for and stole from) tipped off the FBI that he was going to be traveling to the United States last year.
                                      They ratted him out ... and he turned the tables. No honor among thieves.
                                      And as the Courier Mail put it, if this were still the old days, he'd be buried in the Las Vegas desert right now.
                                      Comment
                                      • chase hardy
                                        SBR MVP
                                        • 01-07-10
                                        • 1324

                                        #859
                                        first time in a long time i havent got any money on these sites!!
                                        Comment
                                        • stevenash
                                          Moderator
                                          • 01-17-11
                                          • 65289

                                          #860
                                          ^
                                          you won't either.
                                          this is Kaplan and BoS all over again.
                                          Comment
                                          • Jnas
                                            SBR Wise Guy
                                            • 08-26-10
                                            • 760

                                            #861
                                            Originally posted by dstover13
                                            F'ing Republicans. Lets give miilionaires and billionaires tax breaks who have tax attorneys and use every "legal" tax loop which they dont pay crap now anyway. But, no no ones can plays cards on a computer. Oh no. But lets legalize for every person to carry a gun in a bar
                                            WHAT ???????
                                            Last I looked the Democrats control the Whitehouse. You can blame Lord Obama for this one.
                                            Comment
                                            • gregm
                                              SBR MVP
                                              • 03-14-11
                                              • 3535

                                              #862
                                              Originally posted by DwightShrute
                                              Meet The Boy Genius Who Just Took Down The Online Poker Industry



                                              The internet is still coming to grips with the huge online gambling bust that just took down the U.S.'s three biggest online poker sites. But Australia's Courier-Mail newspaper already has the scoop on the one man who may have single-handedly built the online industry ... then handed it to the U.S. government on a platter.
                                              According to this story, Daniel Tzvetkoff was a young Australian entrepreneur who set up the payment processing schemes used by the biggest poker sites to handle their (mostly illegal) transactions.
                                              He is described by those who know him as a "boy wonder" and "genius" who started his first company at 13 and knew all the intricacies of e-commerce.
                                              He made Full Tilt Poker and Poker Stars millions of dollars — and made as much as $150,000 a day for himself — but then got even more greedy and started taking their. They sued him, accusing Tzvetkoff of taking more than $100 million of their money.
                                              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 cash, he was considered a flight risk and denied bail.
                                              Then after a "secret" meeting with prosecutors last August, he was suddenly out on bail. And now his former colleagues are the ones facing serious prison time.
                                              Daniel Tzvetkoff knows the operations of these poker sites inside and out. It was knowledge of the financial industry that allowed them to operate. He's the one man positioned to give the U.S. Attorneys everything they needed to take down their businesses.
                                              And it looks like that's exactly what he did, cooperating with the authorities to avoid his own lengthy jail sentence.
                                              All the major gambling prosecutions in the U.S. since Tzvetkoff's arrest have been run out of the office of Arlo Devlin-Brown, the Manhattan Asst. U.S. Attorney who is Tzvetkoff's "handler."
                                              According to a source, Tzvetkoff "knows how to reverse-engineer transactions to determine its original source," making him very valuable to investigators.
                                              And the biggest irony of all? It's been rumored that the only reason the FBI got their hands on him is because Full Tilt or Poker Stars (the companies he used to work for and stole from) tipped off the FBI that he was going to be traveling to the United States last year.
                                              They ratted him out ... and he turned the tables. No honor among thieves.
                                              And as the Courier Mail put it, if this were still the old days, he'd be buried in the Las Vegas desert right now.

                                              Thanks for this. One of the few articles I have read that isn't a news wire repeat type piece. Great job
                                              Comment
                                              • DwightShrute
                                                SBR Aristocracy
                                                • 01-17-09
                                                • 102548

                                                #863
                                                Originally posted by gregm
                                                Thanks for this. One of the few articles I have read that isn't a news wire repeat type piece. Great job
                                                I am not an online poker player but I found it interesting to say the least.
                                                Comment
                                                • eyeball
                                                  SBR Wise Guy
                                                  • 08-14-07
                                                  • 988

                                                  #864
                                                  Originally posted by dstover13
                                                  As an american. They say Amercia is the greatest country in the world. BullSh**T. Canada, and Euope looks awfully nice to me. Maybe a villa in Spain or Itlay, a mountain cabin in Switzerland. Heck YA!!!!!!!!!!!!!!!!!!

                                                  I agree
                                                  Comment
                                                  • nli07
                                                    SBR Wise Guy
                                                    • 07-03-06
                                                    • 604

                                                    #865
                                                    What is the update on this guys? I'm Canadian so does that mean my money is seized too?
                                                    Comment
                                                    • eyeball
                                                      SBR Wise Guy
                                                      • 08-14-07
                                                      • 988

                                                      #866
                                                      Originally posted by dherd
                                                      write and call your congressman, write and call your senators, write and call the white house. ask them why not one single person from wall street has been indicted for the biggest fraud ever perpetrated on the country while at the same time they are going after people who freely transfer thier own money for their own entertainment purposes.

                                                      also tell them to support congressman barney franks bill to legalize online gambling.
                                                      Solid post, best one I have read on the subject...it says it all
                                                      Comment
                                                      • DwightShrute
                                                        SBR Aristocracy
                                                        • 01-17-09
                                                        • 102548

                                                        #867
                                                        Originally Posted by dherd
                                                        write and call your congressman, write and call your senators, write and call the white house. ask them why not one single person from wall street has been indicted for the biggest fraud ever perpetrated on the country while at the same time they are going after people who freely transfer thier own money for their own entertainment purposes.

                                                        also tell them to support congressman barney franks bill to legalize online gambling.
                                                        100%

                                                        If enough noise is made ..it can force lawmakers to act.
                                                        The banks hate it also.. it costs them a lot of money for security to determine what is or what isn't a gaming transaction.

                                                        The US really screwed the pooch on this one and if could backfire.
                                                        Comment
                                                        • Roy Halladay
                                                          SBR MVP
                                                          • 09-27-10
                                                          • 1074

                                                          #868
                                                          This is all a bunch of bullshit.
                                                          Comment
                                                          • justonetime
                                                            SBR Sharp
                                                            • 11-17-09
                                                            • 297

                                                            #869
                                                            Poker affiliates are gonna take a huge hit.
                                                            Comment
                                                            • daneblazer
                                                              BARRELED IN @ SBR!
                                                              • 09-14-08
                                                              • 27861

                                                              #870
                                                              Originally posted by FuzzyDunlop
                                                              I absolutely loathe the ESPN model in the poker business. They pay the WSOP a flat fee, make everyone who is paying their own way into the event sign over their likeness and image for life for zero compensation as ESPN contributes nothing to the prize pool and gets to own and broadcast the events whenever they want forever. The NAPT/EPT Stars shit is a totally different model, they essentially charge them like an informercial.

                                                              As for the hit, a smaller field does not mean less episodes, there are hundreds of amazing hands at the Series every year that don't get coverage. You could make the argument that with less people in the field, producers have more eyes on more hands and can make more compelling episodes.
                                                              I agree with everything you said here. I just can't imagine the ratings will be up and the sponsorship/advertising for the event can't possibly be the same as it was with Tilt & Stars in the US market. I think that's where espn will be hit. Maybe I'm wrong. Like you said, the quality of the event should be better with a smaller field.
                                                              Comment
                                                              • daneblazer
                                                                BARRELED IN @ SBR!
                                                                • 09-14-08
                                                                • 27861

                                                                #871
                                                                If the casino's and poker rooms/dog tracks take over, we can probably enjoy poorly run games and crappy software with a high rake. If someone like Party comes back with the software and online poker experience, poker could boom again.
                                                                Comment
                                                                • chemicalbrother
                                                                  Restricted User
                                                                  • 01-26-11
                                                                  • 4086

                                                                  #872
                                                                  Originally posted by daneblazer
                                                                  If the casino's and poker rooms/dog tracks take over, we can probably enjoy poorly run games and crappy software with a high rake. If someone like Party comes back with the software and online poker experience, poker could boom again.
                                                                  4 words: federal, state, local, fica.

                                                                  it won't be just rake if/when online poker comes back.
                                                                  Comment
                                                                  • Smoke
                                                                    SBR Aristocracy
                                                                    • 10-09-09
                                                                    • 48111

                                                                    #873
                                                                    Originally posted by daneblazer
                                                                    I agree with everything you said here. I just can't imagine the ratings will be up and the sponsorship/advertising for the event can't possibly be the same as it was with Tilt & Stars in the US market. I think that's where espn will be hit. Maybe I'm wrong. Like you said, the quality of the event should be better with a smaller field.
                                                                    online poker is dead in the states, face it... You guys need to go get off the computer and play some real live poker. Much better
                                                                    Comment
                                                                    • THE_LOCKSMITH
                                                                      SBR Hall of Famer
                                                                      • 08-25-08
                                                                      • 7237

                                                                      #874

                                                                      lol, no kidding
                                                                      Comment
                                                                      • JoshB
                                                                        SBR Sharp
                                                                        • 03-24-11
                                                                        • 354

                                                                        #875
                                                                        Fukk I'm going to take most of my money out of 5dimes as a precaution. I don't know how i am going to continue gambling on sports if they seize the sportsbooks as well.

                                                                        Can you call in bets to Vegas Casino's?? That might be my only way after this.
                                                                        Comment
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