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  #1  
Old 02-07-2007, 10:59 PM
cuserounder cuserounder is offline
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Join Date: Oct 2005
Location: Syracuse, NY
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Default Will Banks cash checks from PokerStars, etc after regulations kick in?

Am I safe in leaving cash on PokerStars and expecting to be able to get it out via paper check down the line (ie after the regulations are required to have kicked in)?

Or should I be cashing out right now?

I don't trust an e wallet for the time being, because I have half of my roll stuck in Neteller and don't want to (and can't afford to) deal with that again.
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  #2  
Old 02-07-2007, 11:05 PM
Rigel Rigel is offline
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Default Re: Will Banks cash checks from PokerStars, etc after regulations kick in?

It's generally agreed that paper checks will be exempted from the regulations because of the burden that it would place on banks to have to monitor them for use in gambling activities.
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  #3  
Old 02-07-2007, 11:37 PM
grizy grizy is offline
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Join Date: Dec 2006
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Default Re: Will Banks cash checks from PokerStars, etc after regulations kick in?

I cashed two, one before Neteller shut down and one after.

EDIT: just so you guys know, Bank of America also put both on hold. took over a week to clear
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  #4  
Old 02-07-2007, 11:47 PM
Kurn, son of Mogh Kurn, son of Mogh is offline
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Default Re: Will Banks cash checks from PokerStars, etc after regulations kick in?

Nowhere on a check from PokerStars does it say *PokerStars.*

The checks are quite generic.
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  #5  
Old 02-08-2007, 12:24 AM
Jimmy James Jimmy James is offline
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Join Date: May 2005
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Default Re: Will Banks cash checks from PokerStars, etc after regulations kick in?

i cashed a check from pokerstars 2 days ago at bank of america (i am a member of their bank also). walked in, handed them the check, and they cashed it on the spot and handed me my money and away i went. no delay at all...
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