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  #21  
Old 01-26-2007, 02:42 AM
Nate tha\\\' Great Nate tha\\\' Great is offline
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Default Re: A theory....

[ QUOTE ]
The DOJ/Neteller case is from activities a couple of years old. It's a long-term investigation. They waited till they could nab both guys at once on u.s. soil.

[/ QUOTE ]

Wrong, wrong and wrong. The Neteller case started this summer. And both of the dudes who were arrested have lived on US soil for a long time.
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  #22  
Old 01-26-2007, 12:34 PM
JPFisher55 JPFisher55 is offline
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Default Re: A theory....

I think that the biggest reason for the exodus from the US online gambling market, especially poker is the Jay Cohen case.
IMO, the individuals involved in this industry fear that the US federal courts will not interpret the applicable laws or follow the case precedence. Having read Mr. Cohen's account of his case, it seems that many lawyers thought that he and his company would be covered by an exemption in the Wire Act. They felt that, under the Wire Act and other applicable law, all the betting, telephone and Internet, originated and ended in Antiqua. The courts ruled that the betting originated in New York and the statutory exemption did not apply to Mr. Cohen.
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