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Old 10-09-2006, 04:42 PM
adios adios is offline
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Join Date: Sep 2002
Posts: 8,132
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 ]

My take is that in the opinion of the U.S. government, Stars has already violated U.S. laws. Witness the arrests that have taken place of foreign execs mentioned in the thread about the Barron's article among many other places.
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