Online Gambling Crack Down
http://www.nytimes.com/2011/04/16/technology/16poker.html?_r=1&ref=technology
The article states, “Prosecutors charged that the operators of Full Tilt Poker, PokerStars and Absolute Poker tricked banks into processing billions of dollars in payments from customers in the United States. They said the actions violated a federal law passed in 2006 that prohibits illegal Internet gambling operations from accepting payments”. When I heard about this I was shocked. In high school I went through a random phase of playing online poker with my friends. It was amazingly addicting despite the fact that I was not even a good poker player. I could easily see people starting to put real money and eventually their savings into online poker. This thing I though to be most interesting was that the federal government is just now looking into these companies and prosecuting them. They have been in place for years and have gained large amounts of money from their psuedo-legal companies. On the other hand you can say, hey look at the bigger issues like the deficit, we don’t need to worry about online poker companies now! What do you think?