The sad truth.
It is one month already since the Black Friday of online poker, in other words the FBI crackdown of the four major online poker rooms allowing US players: pokerstars, full tilt poker, absolute poker, ub poker.
Without any bias, we can say that Pokerstars and Full Tilt Poker were and remain the two global leaders of online poker and their products are impeccable: fantastic software, a huge choice of games and tournaments, impressive rosters of pros, juicy incentives such as VIP or rakeback programs, social communities with millions of members…
So why did the the FBI shut them down?
Is it in the benefit of users to remove such great products from the market? Are these products dangerous temptations leading to gambling addictions in underage children and unemployed widows? Is removing them a way to improve our freedom? Will it help the US economy? Will employment get better? Are these products worse then online casinos still allowed to operate? Is it better for the public to watch TV instead with 30% of the time used for advertisement? Was this action conducted for the benefit of the public, or it is based on a few individuals who are just ‘doing their job’?
As you can guess the answer to all above questions is NO. But how did it happen?
Is America the great country it used to be, or is it a declining country which has lost the ideals of freedom it is based upon? By the way poker was invented for the most part in the USA (with roots in Europe), what a tragic end game for this beautiful card game!
The reason why this happened is a chain of events. First the Republicans were against online gambling even though they are for live casino gambling. Ridiculous to say the least. But as they could not enact an online gambling regulation, they passed the UIGEA, which is a midnight regulation added and unrelated to a port security law. UIGEA is a technical law related to financing by operators, but it does not address the question of if online poker is legal or not. In short this is a dirty law driven by partisan motivations, not to benefit the public.
But then there are a few ambitious individuals at the Department of Justice who are using this regulation to indict these poker rooms. So here again they are not trying to support the users here, they are not questioning if all of that is making sense, they are ‘just doing their job’.