DOJ shuts down online poker sites

As of April 15, 2011, when you go to pokerstars.com, this is what you will see.

It’s a lot like what happened to the pirate websites recently where the Department of Justice took over the domain name and put their own message up on their servers.

The FBI has indicted 11 defendants who are the founders or owners of PokerStars, Full Tilt Poker, Absolute Poker and Ultimate Bet, and seized over 70 bank accounts.

Pokerstars has moved their website to pokerstars.eu and for non-US players, it’s business as usual. However, US players are not allowed to play although their website states that all your deposited money is safe.

At this point, I have to believe that most players would be scared to deposit any new money and there is probably a rush to withdraw money from the sites. This obviously has to hurt the bottom line for those big poker sites.

What will this all mean for online poker? For now, it’s wait and see but it’s not good for business, except perhaps at live casinos.

About the Author

Cochinoman

Regarding my poker background, I’ve been playing since 2003 (yes, the Moneymaker factor), and have won several small tournaments, and have cashed at the main event of the World Series of Poker. I also play cash games at local casinos and sometimes at home games.

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