Feds Show Their Cards On Online Poker: Freeze Funds
from the whoops dept
For years, the federal government has insisted that online poker in the US is illegal, and reinforced it by tacking on punishment for payment processors who process gambling payments onto a totally unrelated bill about harbor safety. Poker players, on the other hand, have insisted for years that there are no laws against online poker -- in part because the laws are all against games of chance, whereas poker is a game of skill. This position received a small boost recently when a judge agreed that poker was a game of skill rather than chance. On top of this, there's been an ongoing effort underway (led by Barney Frank) to specifically make it clear that online poker is legal. However, until that bill goes anywhere, the feds apparently still believe it's very much illegal and have now started going after the payment processors, freezing the funds of payment processors who work with a variety of online poker sites. Expect quite a legal battle to follow.Thank you for reading this Techdirt post. With so many things competing for everyone’s attention these days, we really appreciate you giving us your time. We work hard every day to put quality content out there for our community.
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Filed Under: feds, frozen, funds, legality, online poker
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WSoSM
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Point of View
Is something natively Legal, or Illegal?
Are they trying to expand gambling prohibitions beyond their bounds?
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Re: Point of View
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RE:
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if you dont think thats correct just realise that for a small store you can have 10,000 in payroll, sales tax (paid quaritly or daily).
a lot of companys are running a vary narrow edge and the gov locking away all the credit card payments is a really bad thing.
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Re: Point of View
Do you mean malum prohibitum vs. mala in se? Or what the hell do you mean?
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I think so
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great post
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nice post
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Good
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Great post
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Nice
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Pro's and con's
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online poker games
Poker Games
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