Page 2 of 2 FirstFirst 12
Results 21 to 32 of 32

Thread: Is Obama a friend or foe to online poker?

  1. #21
    Owner Dan Druff's Avatar
    Reputation
    11007
    Join Date
    Mar 2012
    Posts
    58,487
    Blog Entries
    2
    Load Metric
    106959560
    I have made a separate thread (this one) for the Obama-related content, so the one about Merge doesn't get cluttered.

  2. #22
    Platinum Rollo Tomasi's Avatar
    Reputation
    -106
    Join Date
    Mar 2012
    Location
    Gulfstream Park
    Posts
    2,817
    Load Metric
    106959560
    Quote Originally Posted by DirtyB View Post
    Quote Originally Posted by shortbuspoker View Post
    Obama has refused to enforce US federal law as it pertains to people who are here illegally.
    That's just not true. Under Obama, deportations are at an all time high.

    http://www.ibtimes.com/under-obama-d...er-2011-781511
    http://www.latimes.com/news/opinion/...,1331564.story
    Attached Images Attached Images  

  3. #23
    Banned
    Reputation
    10
    Join Date
    Mar 2012
    Location
    New England. Go Pats!
    Posts
    1,501
    Load Metric
    106959560
    Quote Originally Posted by TheXFactor View Post
    Not necessarily, I really don't think that Obama gave a shit. Remember Obama played poker in college and he knows a few professional poker players.

    He doesn't officially support online poker but I don't believe he would veto a bill to legalize it.
    The KOOL-AID is strong in this one.

    With one swipe of his pen or nod of his head President Obama OK'd Black Friday and the total destruction of online poker as we knew it.

  4. #24
    Diamond
    Reputation
    689
    Join Date
    Mar 2012
    Posts
    6,029
    Load Metric
    106959560
    Check one check two, you know what to do
    Primo, cold crush when I give it to you
    Friend or foe yo, state your biz
    Ya tend to dough, ah, there it is
    Me, I run the show, oh, and these kids
    Don't like nobody commin around here fuckin wit they doe for shit

    You enterprisin though,
    And I like it
    But fuck with the big dogs though, I gotta bite ya,
    Look, its out of my hands
    And you gettin money round here, its not in the plans
    So hop yo ass out of that van, head back to kansas
    I'm sendin niggas back up in campuses
    Chance is slimmer than that chick in calvin klien pantses

    Let me guess, they said it was money round here
    And the rest is me stoppin you from gettin it, correct?
    Sorry to hear that, my guess is you got work at the hotel
    I'll take care of that, you'll see, now please

    Give me the room key
    You're twitchin, don't do that, you makin me nervous
    My crew, well, they do pack, them niggas is murderous
    So would ya, please put your hand back in sight
    They don't like to see me nervous you can understand that, right?
    You draw, better be picasso, y'know the best
    Cause if this is not so, ah, god bless

    You leave me no choice, I leave you no voice
    Believe me son I hate to do it just as bad as you hate to see it done
    Now calm your boys,
    Cause I'm findin it a little hard to concentrate with all the noise
    Get the point, I'll let ya go,
    Before ya leave, I guess I aughta let you know, I need those keys
    And promise you never, no matter the weather
    Evaevaevaevaevaevaevaevaeva come around here no mo'

  5. #25
    Cubic Zirconia
    Reputation
    10
    Join Date
    Aug 2012
    Posts
    25
    Load Metric
    106959560
    Quote Originally Posted by tamiller866 View Post
    The UIGEA has almost nothing to do with the situation American players find themselves in today, though UIGEA charges (accepting/processing deposits from US players) were included in the BF indictments.

    It was the IGBA seizures of player (withdrawal) funds from 2009 through BF, and the use of the IGBA as a predicate to seek a $1B civil forfeiture penalty that caused this situation.

    All the UIGEA authorized the government to do is seize the domains of companies caught violating it, and file criminal charges against individuals who conspired to violate it, it had nothing to do with FTP's financial problems.

    The Bush administration DOJ testified before Congress that none of the existing laws (Wire Act, IGBA etc) or their forfeiture features were useful against offshore (non-sports betting - Wire Act) internet gambling sites, so a new law was needed to curtail the activity, that new law, the UIGEA, did not authorize the forfeiture of any funds.

    It wasn't until June 2009 that the IGBA was first used to seize internet poker player funds, six months after the Republican administration left office, six months after AG appointee Holder testified before congress that he would use every tool at his disposal to target all offshore internet gambling.

    It was the Obama administration DOJ's reinterpretation of the IGBA (a law designed to give the Federal government jurisdiction over entirely intrastate illegal gambling businesses) to apply to entirely international offshore poker sites that caused the situation which they are now professing to be doing us the favor of 'fixing', by returning the player money ($155M in FTP seizures alone) which they didn't have a lawful basis to seize in the first place.

    The UIGEA sucked, it made it inconvenient to deposit and scared away publicly traded sites and many fish, but had almost nothing to do with BF or the downfall of FTP.
    Quote Originally Posted by three_dee View Post
    That last paragraph is an insane statement, IMO. The UIGEA was the reason PokerStars and Full Tilt started committing fraud in the first place -- to evade the law and retain their massive US customer base.

    In fact you could argue that that was the whole reason for the UIGEA -- to do the casino lobby a huge favor, by setting a trap, fully expecting the two biggest companies to walk into it and incriminate themselves, which they did.

    Then wait 5 years, build a case, let them hang themselves, and then sweep the competition out of the way so that the casinos can eventually come in and corner the market, without any interference from offshore, quasi-untaxable competitors.

    Even with their awful business practices, which of course they should take 100% of the blame for, they were still printing money. If Full Tilt wasn't forced to operate in the oppressive environment of the UIEGA, which was expensive and time consuming, they may never have been forced to go under, even with the company engaging in such shady practices (they certainly wouldn't be the first poker company to do so).

    I'm not sure how anyone say these things are not connected.

    Quote Originally Posted by tamiller866 View Post
    The bank fraud (assuming any occurred - no one has claimed to have been damaged) had nothing to do with their problems either, those charges were the risks the processors were getting paid to take, and without the IGBA charge there is no money laundering predicate (UIGEA is not an SUA).

    The UIGEA made it expensive for them to operate in the US (deposit processing fees/thefts), but they chose to continue to operate in the US because it was still profitable until 2009 when the Holder/Obama DOJ reinterpreted the IGBA to allow them to target withdrawal processors.

    It wasn't until player funds (withdrawals) were put at risk, thanks to that ridiculous interpretation of a statute specifically written to justify Federal jurisdiction over illegal gambling activity with no interstate nexus, that it was no longer profitable to offer poker to the US.

    Of course that doesn't excuse FTP for continuing to take their profit distributions as if that player money had never been (unjustly) forfeited, and the fact that the PPA (before FTP even admitted being insolvent) proffered the idea of using those prior forfeitures to to repay US players via remission makes one wonder if that wasn't FTP's (PPA board member's) doomsday plan for US players all along.

    As gambling prohibitions go, the UIGEA couldn't have been less intrusive, it targeted only the businesses and their profits, made gambling less of an impulse purchase due to the inconvenience, yet never prevented (and still doesn't prevent) individuals from jumping through a few hoops to gamble online.

    Black Friday and it's aftermath is entirely attributable to the prosecution of a statute (IGBA) the DOJ knew had no extraterritorial application when they asked for the UIGEA to be passed - but the UIGEA they passed has no teeth, so Holder invoked a statute designed to shut down intrastate mafia operations.

    The biggest government failure of all is the judicial branch, no judge should have ever signed an IGBA seizure warrant for player funds from an internet (interstate by definition) offshore gambling site - the courts effectively signed off on a license to steal.

  6. #26
    Platinum Rollo Tomasi's Avatar
    Reputation
    -106
    Join Date
    Mar 2012
    Location
    Gulfstream Park
    Posts
    2,817
    Load Metric
    106959560
    Quote Originally Posted by tamiller866 View Post
    Quote Originally Posted by three_dee View Post
    That last paragraph is an insane statement, IMO. The UIGEA was the reason PokerStars and Full Tilt started committing fraud in the first place -- to evade the law and retain their massive US customer base.

    In fact you could argue that that was the whole reason for the UIGEA -- to do the casino lobby a huge favor, by setting a trap, fully expecting the two biggest companies to walk into it and incriminate themselves, which they did.

    Then wait 5 years, build a case, let them hang themselves, and then sweep the competition out of the way so that the casinos can eventually come in and corner the market, without any interference from offshore, quasi-untaxable competitors.

    Even with their awful business practices, which of course they should take 100% of the blame for, they were still printing money. If Full Tilt wasn't forced to operate in the oppressive environment of the UIEGA, which was expensive and time consuming, they may never have been forced to go under, even with the company engaging in such shady practices (they certainly wouldn't be the first poker company to do so).

    I'm not sure how anyone say these things are not connected.

    Quote Originally Posted by tamiller866 View Post
    The bank fraud (assuming any occurred - no one has claimed to have been damaged) had nothing to do with their problems either, those charges were the risks the processors were getting paid to take, and without the IGBA charge there is no money laundering predicate (UIGEA is not an SUA).

    The UIGEA made it expensive for them to operate in the US (deposit processing fees/thefts), but they chose to continue to operate in the US because it was still profitable until 2009 when the Holder/Obama DOJ reinterpreted the IGBA to allow them to target withdrawal processors.

    It wasn't until player funds (withdrawals) were put at risk, thanks to that ridiculous interpretation of a statute specifically written to justify Federal jurisdiction over illegal gambling activity with no interstate nexus, that it was no longer profitable to offer poker to the US.

    Of course that doesn't excuse FTP for continuing to take their profit distributions as if that player money had never been (unjustly) forfeited, and the fact that the PPA (before FTP even admitted being insolvent) proffered the idea of using those prior forfeitures to to repay US players via remission makes one wonder if that wasn't FTP's (PPA board member's) doomsday plan for US players all along.

    As gambling prohibitions go, the UIGEA couldn't have been less intrusive, it targeted only the businesses and their profits, made gambling less of an impulse purchase due to the inconvenience, yet never prevented (and still doesn't prevent) individuals from jumping through a few hoops to gamble online.

    Black Friday and it's aftermath is entirely attributable to the prosecution of a statute (IGBA) the DOJ knew had no extraterritorial application when they asked for the UIGEA to be passed - but the UIGEA they passed has no teeth, so Holder invoked a statute designed to shut down intrastate mafia operations.

    The biggest government failure of all is the judicial branch, no judge should have ever signed an IGBA seizure warrant for player funds from an internet (interstate by definition) offshore gambling site - the courts effectively signed off on a license to steal.
    Check Mate

    the real Mafia is Obama's DOJ

  7. #27
    Platinum ShadyJ's Avatar
    Reputation
    27
    Join Date
    Mar 2012
    Posts
    2,968
    Load Metric
    106959560
    You can debate certain things, but facts are facts. How many Repubs are writing bills right now for online poker? Its simple if you want a chance to play online poker again you have to vote for Obama. If your other convictions outweigh getting online poker legalized then vote for Romney. I could care less who anyone votes for, but its not debateable that the Dems are more for, or not against online poker then the religious repubs. You all know theres a huge diffence of not being for something, and being against something. If you dont understand this then I realize why you like someone named Mitt in the first place.

  8. #28
    Platinum ShadyJ's Avatar
    Reputation
    27
    Join Date
    Mar 2012
    Posts
    2,968
    Load Metric
    106959560
    Quote Originally Posted by Rollo Tomasi View Post
    Quote Originally Posted by tamiller866 View Post


    Quote Originally Posted by tamiller866 View Post
    The bank fraud (assuming any occurred - no one has claimed to have been damaged) had nothing to do with their problems either, those charges were the risks the processors were getting paid to take, and without the IGBA charge there is no money laundering predicate (UIGEA is not an SUA).

    The UIGEA made it expensive for them to operate in the US (deposit processing fees/thefts), but they chose to continue to operate in the US because it was still profitable until 2009 when the Holder/Obama DOJ reinterpreted the IGBA to allow them to target withdrawal processors.

    It wasn't until player funds (withdrawals) were put at risk, thanks to that ridiculous interpretation of a statute specifically written to justify Federal jurisdiction over illegal gambling activity with no interstate nexus, that it was no longer profitable to offer poker to the US.

    Of course that doesn't excuse FTP for continuing to take their profit distributions as if that player money had never been (unjustly) forfeited, and the fact that the PPA (before FTP even admitted being insolvent) proffered the idea of using those prior forfeitures to to repay US players via remission makes one wonder if that wasn't FTP's (PPA board member's) doomsday plan for US players all along.

    As gambling prohibitions go, the UIGEA couldn't have been less intrusive, it targeted only the businesses and their profits, made gambling less of an impulse purchase due to the inconvenience, yet never prevented (and still doesn't prevent) individuals from jumping through a few hoops to gamble online.

    Black Friday and it's aftermath is entirely attributable to the prosecution of a statute (IGBA) the DOJ knew had no extraterritorial application when they asked for the UIGEA to be passed - but the UIGEA they passed has no teeth, so Holder invoked a statute designed to shut down intrastate mafia operations.

    The biggest government failure of all is the judicial branch, no judge should have ever signed an IGBA seizure warrant for player funds from an internet (interstate by definition) offshore gambling site - the courts effectively signed off on a license to steal.
    Check Mate

    the real Mafia is Obama's DOJ
    Thats like blaming a cop for arresting someone over a stupid law. Hes doing his job he didnt make the laws. Theres a difference between making a law and enforcing it. If the idiot Repubs didnt tack on UIGEA we would still be making a good living playing poker. You cant get around that in any way shape or form. Its a fact.

  9. #29
    Diamond TheXFactor's Avatar
    Reputation
    1281
    Join Date
    Jun 2012
    Posts
    7,228
    Load Metric
    106959560
    Quote Originally Posted by SixToedPete View Post
    Quote Originally Posted by TheXFactor View Post
    Not necessarily, I really don't think that Obama gave a shit. Remember Obama played poker in college and he knows a few professional poker players.

    He doesn't officially support online poker but I don't believe he would veto a bill to legalize it.
    The KOOL-AID is strong in this one.

    With one swipe of his pen or nod of his head President Obama OK'd Black Friday and the total destruction of online poker as we knew it.
    It's actually Attorney General Eric Holder who signed off on it and Preet Bharara U.S. Attorney from the Southern District of New York who has a hard-on for cases like these. The President of the United States doesn't interfere with what they do or who they go after.




  10. #30
    Serial Blogger BeerAndPoker's Avatar
    Reputation
    1402
    Join Date
    Mar 2012
    Posts
    10,114
    Blog Entries
    20
    Load Metric
    106959560
    When UIEGA passed it was of course shit for poker. For starters all politicians look at internet gambling as a whole minus lottery and the ponies who had lobbyists in their back pocket. It's hard for anyone clueless about the industry to understand how poker is a game of skill and shouldn't be grouped with internet slots and virtual casino table games as people will continue to bunch it all together.

    Getting rid of something like UIEGA that passed is hard to do especially when it's not considered a top priority to the United States and by removing it they sort of are saying we were retarded to let that get passed in the first place.

    With it being an election year most people including myself thought the odds of getting any regulation on a federal level was not going to happen this year but their have been a few movements that could be beneficial later on. What are these? Well we had that case in New York ruling poker as a game of skill which can help people in favor of poker to show to ruling and another big thing was the ruling that Online Poker isn't in violation of the wire act.

    We also have had several court rules on individuals such as those involved in the payment processing and Stars/FTP settling with DOJ that has to be done before they entertain legalization on the federal level.

    Their were a lot of people that though "Yes! We got Obama in office and he likes poker so he will get UIEGA removed" yet the status of legalization only got worse for a few years then leading to Black Friday.

    The state regulated poker could play a big key in legalization federally as they will definitely look into how well that gets ran so lets hope the casinos given a license don't fuck it up.

    With everything else going on in the country and rest of the world that affects tens of millions of people you can bet legalization of internet poker is a very minor thing to the US Government.

    I don't think Obama has a stance for that matter but he certainly isn't strongly for online poker otherwise UIEGA could of got pushed for removal. I don't think Romney cares either way it's going to take other people to get Poker legalized but their is a lot of money in the casino gambling industry to lobby for poker.

  11. #31
    Cubic Zirconia
    Reputation
    10
    Join Date
    Aug 2012
    Posts
    25
    Load Metric
    106959560
    Quote Originally Posted by TheXFactor View Post
    Quote Originally Posted by SixToedPete View Post

    The KOOL-AID is strong in this one.

    With one swipe of his pen or nod of his head President Obama OK'd Black Friday and the total destruction of online poker as we knew it.
    It's actually Attorney General Eric Holder who signed off on it and Preet Bharara U.S. Attorney from the Southern District of New York who has a hard-on for cases like these. The President of the United States doesn't interfere with what they do or who they go after.



    Incorrect, POTUS can, does and has interfered with his DOJ, from not enforcing immigration laws, challenging the DOMA, to issuing executive orders, no POTUS has micromanaged the priorities/discretion of his DOJ than the one about to be reelected.


    Quote Originally Posted by ShadyJ View Post
    Quote Originally Posted by Rollo Tomasi View Post
    Quote Originally Posted by tamiller866 View Post

    Check Mate

    the real Mafia is Obama's DOJ
    Thats like blaming a cop for arresting someone over a stupid law. Hes doing his job he didnt make the laws. Theres a difference between making a law and enforcing it. If the idiot Repubs didnt tack on UIGEA we would still be making a good living playing poker. You cant get around that in any way shape or form. Its a fact.
    The enforcement of the UIGEA is done by the financial institutions, blocking unlawful gambling transactions, other than forcing the exit of publicly traded gaming companies and dedicated gambling deposit processors, and prohibiting advertisement of real money sites, it had no effect on your ability to make a living playing poker.

    The withdrawal processor seized by the Obama/Holder DOJ in June 2009 had been under investigation since 2007, a California bank reported an unusual volume of transactions, but as they didn't process deposits, there was nothing the Bush DOJ could do about it under the UIGEA.

    The Obama DOJ then decided not to enforce the law Congress passed to curtail internet gambling, but to enforce a law passed in 1970 designed to fight organized crime by cutting off the mafia's source of income, underground gambling.

    To be fair, this wasn't the first time the IGBA was used against internet gambling, under Bush, if a deposit processor was located in a State (MD, e.g.) with a promotion of gambling law, they would charge that deposit processor itself as being an Illegal Gambling Business within that State because it's sole purpose was moving the money that was being wagered.

    The Obama DOJ took the IGBA to an entirely different level, since they couldn't charge the withdrawal processor (and seize player funds) with promoting gambling, they charged the money itself from the overseas poker sites as being proceeds of Illegal Gambling Businesses (making the processor guilty of money laundering) - which by definition overseas sites can't be as the law was designed to target entirely intrastate activity.

    But it didn't matter and since the sites (and players) would never oppose the seizures and the penalties for money laundering make it too risky for the processor not to accept a plead, they were then able to legally steal a half billion dollars from the poker economy, not including the BF settlements, and even on BF, rather than use the UIGEA to block access to the 'unlawful' sites, the Obama/Holder DOJ used the IGBA to seize ownership of those domains as 'gambling devices'.

    It's simply a myth that the UIGEA or 'evil Republicans' caused you or anyone else to no longer be able to play internet poker, the UIGEA regulations didn't even go into effect until a year after Obama's seizing spree began, and the regulations included a provision allowing banks with a reasoned legal opinion that said poker wasn't unlawful gambling to process poker deposits.

  12. #32
    Cubic Zirconia
    Reputation
    10
    Join Date
    Aug 2012
    Posts
    25
    Load Metric
    106959560
    Quote Originally Posted by BeerAndPoker View Post
    When UIEGA passed it was of course shit for poker. For starters all politicians look at internet gambling as a whole minus lottery and the ponies who had lobbyists in their back pocket. It's hard for anyone clueless about the industry to understand how poker is a game of skill and shouldn't be grouped with internet slots and virtual casino table games as people will continue to bunch it all together.

    Getting rid of something like UIEGA that passed is hard to do especially when it's not considered a top priority to the United States and by removing it they sort of are saying we were retarded to let that get passed in the first place.

    With it being an election year most people including myself thought the odds of getting any regulation on a federal level was not going to happen this year but their have been a few movements that could be beneficial later on. What are these? Well we had that case in New York ruling poker as a game of skill which can help people in favor of poker to show to ruling and another big thing was the ruling that Online Poker isn't in violation of the wire act.

    We also have had several court rules on individuals such as those involved in the payment processing and Stars/FTP settling with DOJ that has to be done before they entertain legalization on the federal level.

    Their were a lot of people that though "Yes! We got Obama in office and he likes poker so he will get UIEGA removed" yet the status of legalization only got worse for a few years then leading to Black Friday.

    The state regulated poker could play a big key in legalization federally as they will definitely look into how well that gets ran so lets hope the casinos given a license don't fuck it up.

    With everything else going on in the country and rest of the world that affects tens of millions of people you can bet legalization of internet poker is a very minor thing to the US Government.

    I don't think Obama has a stance for that matter but he certainly isn't strongly for online poker otherwise UIEGA could of got pushed for removal. I don't think Romney cares either way it's going to take other people to get Poker legalized but their is a lot of money in the casino gambling industry to lobby for poker.

    Obama actually seems to be very strongly in favor of online poker, and sees his home State (IL) as a future hub for lottery ran poker, but first he had to eliminate the underground competition.

    When Harry Reid tried to get the DOJ to remind States that they couldn't sell lottery tickets online, his OLC instead released an opinion saying that they could not only sell lottery tickets online, they could offer any form of gambling online other than sports betting.

    The PPA asked for his position on poker in 2010 in a We The People Petition, which he ignored until earlier this year when legislation was introduced in Illinois to offer poker via lottery, when he came out in favor of online poker as a 'State right'.

    If/when IL gets legislation passed, expect Obama to issue an executive order allowing lottery States to 'powerball' compact their poker players.

Thread Information

Users Browsing this Thread

There are currently 1 users browsing this thread. (0 members and 1 guests)

Similar Threads

  1. Online Poker Cheaters series
    By Steve-O in forum Scams, Scandals, and Shadiness
    Replies: 57
    Last Post: 01-18-2015, 01:39 PM
  2. Not Fraud Online Poker
    By antesociable in forum Poker Community Discussion
    Replies: 2
    Last Post: 10-15-2012, 12:39 AM
  3. IF YOU QUIT ONLINE POKER
    By Rollo Tomasi in forum Flying Stupidity
    Replies: 3
    Last Post: 07-29-2012, 04:52 PM
  4. The Godfather of Online Poker, Part II, by Eponymous
    By Crowe Diddly in forum Flying Stupidity
    Replies: 9
    Last Post: 07-01-2012, 02:23 AM
  5. the guy who killed online poker chillin in NYC
    By 52outs in forum Flying Stupidity
    Replies: 0
    Last Post: 04-23-2012, 09:17 AM