Three major Internet Poker on the spot.

Many attempts to legalize online poker in the U.S. are being made in recent months. When proposals receive a set back by the courts at a state level, another one takes over to keep the cause alive. Eventually the process is at a stall. One can wonder if the desire to solve this issue in the US is truly concrete.

A scathing response has been made. And it does not go in the direction of the legalization of online poker. Moreover, the three main websites operating in the U.S. market, including PokerStars, Full Tilt Poker and Absolute Poker have simply been closed last week by the FBI coupled with the promise of future indictments.

Eleven operators related to the three websites are in fact accused by the FBI and the Attorney of New York of money laundering, illegal gambling incitement and bank fraud. Among the accused the FBI is targeting names such as Isai Scheinberg and Paul Tate for PokerStars, Raymond Bitar and Nelson Burtnick for Fulltilt Poker & Scott Tom and Brent Beckley for Absolute Poker. Nothing ambiguous about this. The FBI is not taking the matter lightly and speaks about a $ 3billions case. The accusation already seized over 75 bank accounts directly related to these websites.

One might wonder what could be the consequences of this move on the market for online gambling internationally. Operations of these websites outsides of the US is often regulated and licensed, if not tolerated as is. Then the question rises: what of the repercussions of such criminal actions may have on international operations of such activities? Licenses may have to be reconsidered some have rumored. Local operators might only have to worry about their proximate regulators. But when talking about international operations, financial consequences may vary according to the local implantation of these websites potentially indicted today. For all nonetheless, the public relation’s factor is the major concern, seeing latest events as being a step in the wrong directions towards international regulation. © 2011 _ Lucie