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  #1  
Old 02-11-2007, 10:22 PM
JPFisher55 JPFisher55 is offline
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Default Re: Pokerstars allowing U.S. based company to transfer money to them

Permafrost, I wish that you would provide some basis for your negative comments. Oh that's right, you don't have any basis.
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  #2  
Old 02-12-2007, 02:22 AM
permafrost permafrost is offline
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Default Re: Pokerstars allowing U.S. based company to transfer money to them

[ QUOTE ]
Permafrost, I wish that you would provide some basis for your negative comments. Oh that's right, you don't have any basis.

[/ QUOTE ]

You can't have my bases until you ask nicely. Oh that's right, you aren't nice.
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  #3  
Old 02-12-2007, 02:38 AM
ubercuber ubercuber is offline
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Default Re: Pokerstars allowing U.S. based company to transfer money to them

The sports bet warning seems pretty clear to me... sports betting is specifically mentioned in the Wire Act, and has been associated with, I believe (certain I will be corrected if I am wrong), every industry arrest by the US.
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  #4  
Old 02-12-2007, 02:31 PM
permafrost permafrost is offline
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Default Re: Pokerstars allowing U.S. based company to transfer money to them

[ QUOTE ]
The sports bet warning seems pretty clear to me... sports betting is specifically mentioned in the Wire Act, and has been associated with, I believe (certain I will be corrected if I am wrong), every industry arrest by the US.

[/ QUOTE ]

Skallagrim's stance is that currently there is a law making it illegal for a money transmitter to send funds to an online sportsbetting site but it is not illegal to send funds to an online poker site, saying or implying online poker is legal. Then he implies the UIGEA regs could change the legality of a money transmitter sending funds to a poker site, which is confusing and I have a question.

If online poker is currently legal and funding online poker is legal, and UIGEA only addresses unlawful online poker, why would UIGEA regs make funding online poker illegal?
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  #5  
Old 02-12-2007, 04:47 PM
Skallagrim Skallagrim is offline
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Default Re: Pokerstars allowing U.S. based company to transfer money to them

You have to read the details of the UIGEA, permafrost. The UIGEA instantly made it a crime for A SITE to accept money for gambling unlawful under state law. The sites are overseas, however, and there is very little the DOJ can do to them (unless their execs visit the US). Transferring money for unlawful gambling was not made an instant crime, it will become a crime when the regulations are out if a company knowingly violates the regulations.
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  #6  
Old 02-12-2007, 05:43 PM
permafrost permafrost is offline
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Default Re: Pokerstars allowing U.S. based company to transfer money to them

[ QUOTE ]
The UIGEA instantly made it a crime for A SITE to accept money for gambling unlawful under state law.

[/ QUOTE ] I basically agree.

[ QUOTE ]
The sites are overseas, however, and there is very little the DOJ can do to them (unless their execs visit the US).

[/ QUOTE ] I basically agree accept this thread is about one based here if I remember correctly.

[ QUOTE ]
Transferring money for unlawful gambling was not made an instant crime,

[/ QUOTE ] Then why make your sportsbetting comment in a paragraph about UIGEA?

[ QUOTE ]
it will become a crime when the regulations are out

[/ QUOTE ] What crime will it become?
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  #7  
Old 02-12-2007, 06:01 PM
Skallagrim Skallagrim is offline
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Default Re: Pokerstars allowing U.S. based company to transfer money to them

You just goading me?
1) Sportsbetting actvity violates the federal wire act.
2) It will bcome a violation of the UIGEA.
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