Pokerstars US players update

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Pokerstars crises and us players

Even if you’re not an online poker player, you might have heard about the recent developments in the online poker industry – there was, after all, a huge news piece on it on just about every major news source from all over the world. This event was the reason why if you were to login on pokerstars no more usa players would be online any longer.

What happened shocked and worried everybody who is involved in online poker, however they might be involved. To put it short, the story is this: there was a huge, nationwide investigation conducted by the FBI and the United States Department of Justice, an investigation which ended on Friday, the 14th of April, with the seizure of close to 3 billion dollars from some of the world’s largest online poker sites,
and the indictment of eleven online poker “kingpins”, as the media was quick to call them. The CEO of Full Tilt Poker, as well as many of the important members of the PokerStars board of directors, as well as key members of the Absolute Poker and UB Poker companies are now facing up to 30 years in the United States federal prison system, as well as a million dollars in fines.

For the online poker players, the situation is less dramatic, but significant nonetheless. Pokerstars news all predicted that all of the online poker players that are residing in the United States are now unable to play on Poker Stars, as well as any of the other sites that were involved in the investigation. What’s more, the situation is not likely to change anytime soon, at least not until the current legislative environment is to change.

It seems that the whole investigation caught a break exactly one year before “Black Friday”, when one of the key people in the poker sites’ financial gimmicks, Australian Daniel Tzvetkoff, was arrested while
attending an online gambling convention in Las Vegas. Facing up to seventy five years in prison, he agreed to fully cooperate with the law enforcement agencies that he struggled to avoid up that point – the result can be seen in last week’s poker arrests and indictments.

All of these actions have proven to be absolutely catastrophic for some of the online poker sites involved, as initially player count decimated, and some online poker players (the “beginners”, at least) were deterred by the message the FBI and the DoJ have put up, and chose to avoid any contact with the poker sites in question. Even now, a full week after the attack on the fraudulent companies, the domain names for the home pages are still seized by the American authorities, and players can only access the online poker software.

If you want more news about this ongoing event, check out onlinepoker.net, the best online poker resource site, and one of the most respected ones when it comes to the best news, reviews and online poker articles out there. They have been all over the subject and you will be up to date with everything if you check them out.

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