PokerStars backs Frank bill; maintains US activities lawful 29/07/2010
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Posted: 29/07/2010
User comments
Anonymous
Their support is poisonous. I hope the day the US opens, we see all these unlawful companies out for good.
Anonymous
Yeah and Madoff had a legal opinion (from his own lawyer) that his activities were legit at all times :)
Since when can a Gaming company tell the US of A what to do?
Anonymous
stars are smoking crack if they think uncle sam is going to roll over and have his tummy ticked
at best they face huge fines at worst jail time
Anonymous
If Pokerstars played it by the rules why have other companies been paying up for offering poker - this company are going to disappear as fast as they appeared
Anonymous
A lot of hate here - competitors? I wonder why Stars is paying all these lobbyists to get the bill passed if it's not what they want.
Anonymous
There is no hate. Stars is supporting the bill for US authorities to think that the worse ones will be able to enter with Frank's bill -push it out. Hence, back to monopoly status,all good for stars. No one in their right minds would believe stars statement. Doh, why did they use pokerstars.net's freeplay in the US then? Think about it: Stars want the situation to remain this way. A monopoly pretty much, like bodog who scream at the new State Canadian casino.
Anonymous
Stars states they support the bill, you say they don't. I see a lot of hate in these posts, you say there is no hate. So be it. Time will tell.
Anonymous
lol at jail time, yes go to the isle of man and arrest pokerstars execs, that's legal.
Usernamed
No hate here at all but the reality is that they have absolutely no chance of getting a license. Unless they buy Harrahs or similar. The small print is written deliberatley to exclude them.
Anonymous
It seems to me that there is no clear law against operating online poker in the US, otherwise the DOJ would have been more aggressive in shutting down companies like Stars. Simply put, the DOJ would not want to lose the case so they do not pursue it. Fast forward to this bill, and someone will still have to prove that online poker is not legal if they want to block Stars and Tilt from applying for a license. Regulation will grow the market and Stars would prefer to compete with a license in a regulated US market than continuing their grey near-monopoly position they currently enjoy. The US market for on-line poker will at least double with regulation, and a smaller slice of a bigger pie is always better.
Anonymous
I see no reason for Poker Stars to be given a license. I wouldn't care either way, but it just seems like the US will be vindictive on this one, and the only ones who believe they haven't broken laws are Stars and Tilt. Everyone else, KNOWS that laws were broken. Regardless of whether they were correct or not, they were still laws. Sorry, I see very little chance that they wold be granted a license. Though you never know, anything can be bought nowadays. Nothing would surprise me.
Anonymous
The only thing clear cut in the US is that sports betting is not legal at the federal level. Some individual states also clearly legislate that any on-line gambling is not legal. If the US let's Stars in it will make a mockery of the Party settlement and the US should look to be sued by Party. If the US blocks them, they should expect to be sued by Stars. Either way, look for the whole thing to be marred by lawsuits.
Patrick Smyth
If they think they will be entering the USA market, they are sadly mistaken. And if they do, the IRS will be presenting them with one hell of a big invoice.
Patrick Smyth
If they think they will be entering the USA market, they are sadly mistaken. And if they do, the IRS will be presenting them with one hell of a big invoice.
PPA Member
It's true,there was a little piece drawn up saying that all the poker sites that let US Citizens play at Online gambleing sites would be excluded from obtaining a licence,so why would Pokerstars agree with the new bill you ask? Has the US been able to stop them yet? No,So what is their plan?....Open up a completly new poker site,with a "friend" of the company....and it just so happens to look like Pokerstars software and also has the same amount of players that Pokerstars has.....Loophole are everywhere,Stars and Tilt will find'em.
PPA Member
It's true,there was a little piece drawn up saying that all the poker sites that let US Citizens play at Online gambleing sites would be excluded from obtaining a licence,so why would Pokerstars agree with the new bill you ask? Has the US been able to stop them yet? No,So what is their plan?....Open up a completly new poker site,with a "friend" of the company....and it just so happens to look like Pokerstars software and also has the same amount of players that Pokerstars has.....Loopholes are everywhere,Stars and Tilt will find'em.
Anonymous
...things are looking pretty good for bwin/PartyGaming! They've paid their dues and played by the rules! Let the boys play!
Anonymous
Like the US of A is scared of any lawsuit from any Gaming Company.
The fallout from any Gaming company dumb enough the to file suit (while operating illegally) would be the company would feel the full weight of Uncle Sam's foot (DOJ, FBI, DEA, NSA, et al) up it's rear end :)
Stars will have to pay in the Billions to settle (ala Goldman Sachs et al), Party paid.
Should be interesting.
Anonymous
I presume that any US company who bought the assets from Stars/Tilt and not the entire company or senior management would be fine to use the same brand, servers, everything. Stars owners cash out and a "US-based friend" continues the operation without the site going off line. Not a problem.
Anonymous
I'd hate to be John Pappas right now. As ED of the PPA, he's been paid $x,xxx,xxx, maybe more. If you follow the money, it is funded by PS & FTP.
Anonymous
I guess they they helpe bringing this law through in hope that all players complain if PS will not receive a license later on.
Is this the first publication of PS regarding this? Why so late? Party is already engaged for years !
Anonymous
Yeah sure...online poker isn't illegal in the US...that's why Isai and Co. fly to the US on a regular basis. Oh that's right...they have no need to fly to the US...whatever.
Tell that to the founders of Party, 888, Neteller, etc. They too had "expert" legal advice that what they were doing wasn't illegal in the eyes of the US government. And it worked out pretty well for them didn't it...
Anonymous
I'd also hate to be Anne Duke and anyone from the lobbying side being asked about the legality of current poker companies...Is AB legal? Fail!
Anonymous
What a bunch of garbage...eliminating companies that violated a bad law can't play once the bad law is overturned? This would be akin to not allowing any bars that sold alcohol during prohibition to resume once the law was repealed!
Anonymous
err thats why Capone did not make to License
Not a good idea to piss off Uncle Sam.
Anonymous
Stars and Tilt broke and continue to break US laws after the laws were clearly passed in 06'. They won't get licensse, because Stars has been operating tax free against US law for years, and congress is going to make that clear if you operate in US tax free in the past, you won't get a license.
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Anonymous
Lol pokerstars clutching at straws as their strategy crumbles
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