Wall Street Journal
On Friday, the owners of the biggest online poker sites, PokerStars, Full Tilt Poker and Absolute Poker, were arrested and the sites were shutdown in the United States after the FBI alleged that the sites laundered money and defrauded banks to get around gambling laws.
We sat down with poker agent Brian Balsbaugh of Poker Royalty, the most knowledgeable poker authority we know to break down the ramifications.
Darren: When things went down on Friday, what was it like?
Balsbaugh: It was a complete shock, In fact within the poker community we’re calling it Black Friday. Certainly those of us who were in the know were aware that the Southern District of New York was investigating payment processors in relation to their relationship with poker sites, but...
The U.S. government disrupted the weekend—and life—plans of Cory Albertson and thousands of others like him who earn much of their living playing poker online. For nearly eight years, Mr. Albertson has camped out every Sunday... more »
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