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The Big News
Black Friday, D-day, the day Stars and FTP died, whatever you want to call it, yesterday was a mess.
It's too soon to tell all the implications of what happened. It's also too soon to form any confident opinion of what this will mean. For example, cashouts might be available for US players in a week, in a month, in a year, in two years or never. Each scenario is a legitimate possibility. And that's just the start of it. Similar wide ranging scenarios are open right now for poker legislation in the US, for the ability of US players to play and so on.
So instead of becoming yet another blog post short on facts and long on opinions (or opinions presented as facts), I will just link you to some of the stories I've been reading about this issue, with a few comments where appropriate.
We'll have some sort of official announcement and/or news on the main page at some point later today. The hesitation thus far is simply that facts are short and speculation is wide. What you're reading on major forums such as 2p2 or major news sites such as pokernews are the same things we're reading. Husng.com will certainly be OK though. We help players worldwide improve their poker decision making skills and will continue to do that. More details on that front later today.
Yesterday the United States Department of Justice indicted some of the top officials and owners of the two major US-facing poker rooms (PokerStars and Full Tilt) as well as Absolute Poker (perhaps known as Cereus now). A copy of the official indictement is here: http://www.scribd.com/doc/53107543/Indictment-DOJ-vs-Scheinberg-Bitar-To...
This is a good summary of what has happened (Note: Full Tilt has stopped allowing US players to play on their site as of Saturday morning): http://www.pokernews.com/news/2011/04/a-closer-look-at-online-poker-blac...
In the last few weeks major momentum was happening for possible US online poker legislation to push through, both stateside (Nevada, Washington DC and to a lesser extent Iowa and Florida). Included in that momentum was a major announcement that Steve Wynn (Founder of the Bellagio and Mirrage hotels in Las Vegas, and owner of Wynn and Encore) had partnered with PokerStars. Full Tilt had announced a similar partnership with the Station Casinos of Nevada. Both of those partnerships have now, predictably, been severed in light of the indictement.
I'll post more later, but here are some other relevant details:
- PokerStars has stopped allowing cashouts, transfers or playing on their site for all US players, including those outside of the US. You cannot currently change your address as a US player, even if you are outside of the country.
- Full Tilt has stopped allowing US players to play on their site.
- There has been no word from the third, smaller site on this matter, Ultimate Bet/Absolute Poker (Cereus Network).
- This story should cover a lot of the up to date information that I have not mentioned yet in this post.
More to come soon.