Thread: Stars Update #2
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Old 10-09-2006, 04:41 PM
ZBTHorton ZBTHorton is offline
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Default Re: Stars Update #2

[ QUOTE ]
Like I said in another thread I started but got moved, they have to be preparing to dump all american players anyway.

Party has already started the process, cutting off transfers, making plans to pro-rate bonuses, cancelling tournaments etc.

Stars has to do this too. On Friday, Bush will be signing this law, and if Pokerstars accepts one deposit after that point, they will be breaking this law.

So they obviously have to decide if this law applies to them.

People keep posting, *maybe they will just wait the 270 days to see what the restrictions and regulations are*

No, thats not the point. Either they are going to continue to accept deposits, or they are not. They aren't going to keep accepting deposits, then in 270 days decide its too hard because of regulations and stop.

By that point it will be too late and they will have already broken the law anyway, so what does it matter? The only decision is *does this law apply to us?*

In fact, by Friday it will be too late, so they better get their act together and decide soon.

[/ QUOTE ]

I'm not going to go too deep into this, but pretty much every conversation I've had with anyone at any site says this is completely 100% not true.

The sites have several concerns.

#1 is legal. LEGALLY. The decision must be made by Friday.

But Running a close #2 is money. If the countries they live in are not going to extradite them, then the next worry is that they will not be able to get money to their players. THIS will NOT be decided until the regulations are written.

I think there is a VERY good chance you might see FTP and Stars stick around until the regulations are written. If the regulations allow Neteller/Easy Work Around...they will stay open.

If they do not, they will fold. Quickly.
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