Black Friday: Latest News

One imagines online poker in the U. While Stars would have bought wsop maintained the "poker only" stance and online poker would have been epic right now. News, Views, and Gossip For poker news, views, and gossip. Speaking of planning ahead, online poker bills were a hot topic with many states considering such legislation and there having been a lot of focus on a possible federal bill during the lame duck session that closed Since the operator's lawyers are the ones that gave Daniel position to the sdny to detain, they couldn't exactly help fund his defense, after all, Daniel did get away with m of player funds.

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Before Black Friday

That provided plenty to talk about for forum posters, some of whom were also reporting by mid-October that the cashier would no longer open on either Absolute Poker or UB.

Online poker's future in the U. Shortly after the one-year anniversary of Black Friday passed, the three-way negotiations between the DOJ, Full Tilt Poker, and Groupe Bernard Tapie at last fell through , with the French group citing "unresolvable" legal complications and a failure to agree on a player repayment plan as having nixed the deal.

Photos of Bitar's million-dollar wedding last month suggest he may have since recovered, both physically and financially. As far as the other Black Friday defendants are concerned, all but Scheinberg, Tate, and Tom would ultimately face prison sentences ranging from a few months to three years.

PokerStars also agreed to make available all outstanding balances to non-U. Full Tilt Poker players within three months, with a plan begun as well to repay U. As part of the deal, founder Isai Scheinberg agreed to step away from his role with PokerStars within 45 days.

After a year-and-a-half of silence, Lederer would speak at length to PokerNews about what led to Black Friday and Full Tilt Poker's management thereafter in a seven-part series titled The Lederer Files. Lederer would settle his civil case in December. Alas for players on Absolute and UB, with the sites' parent company having already declared bankruptcy long before, there weren't any funds with which to repay them, and today — five years later — the funds remain lost. While PokerStars continued to thrive globally and Full Tilt 2.

With many entities having obtained licenses in Nevada to start online poker sites, Ultimate Poker beat them all to the starting line by launching on April Among those following their footsteps was WSOP. Both New Jersey and Delaware would follow Nevada's lead to pass online gambling legislation. The latest update last month shows 94 percent of petitions have been paid out. June also saw another big piece of online poker news, a development that could also be regarded a belated after-effect of Black Friday.

The Amaya Gaming Group Inc. For the rest of the world, the purchase would eventually mean changes to the sites' poker offerings and a new emphasis on casino games. But for the U. Before the year was out, Ultimate Poker would shut down its operations in New Jersey in September, then leave Nevada in November , ending the fledgling site's struggle after just a year-and-a-half. Four years on from Black Friday, U. Lock Poker proved an especially bad choice, going offline without notice in mid-April and taking players' funds with them.

By contrast Bovada formerly Bodog continued to thrive, moving up to third position in online traffic according to PokerScout's best estimates in August A little over three weeks shy of the fifth anniversary of having dealt its last hand of online poker in the U.

The development has inspired some to think back to those days of the NAPT, wondering if perhaps a new, New Jersey-based tournament festival sponsored by PokerStars might be on the horizon. For those who lived through the "boom" and pre-Black Friday rise of online poker in the U. Five years on, and online poker in the United States is still mostly relegated to modest options restricted to just three states. Many of those who've stayed behind have moved over to the live realm, with many brick-and-mortar rooms thriving as a result.

One imagines online poker in the U. That said, it seems highly unlikely the difference will be anywhere near as stark as the difference between what online poker in the U.

Want to stay atop all the latest in the poker world? If so, make sure to get PokerNews updates on your social media outlets. Cookies help us deliver our services.

By using our services, you agree to our use of cookies. User Account Sign in. Use your social profile to sign in faster. Or use your PokerNews account: Bad username or password Sign in. Home News Online Poker. Top 10 Stories of , 9: Looking Back One Year Later. Online Casinos in Malaysia From what I am told, that seemed to be more of importance with what he did for Black Friday in terms of being a flipper. The mere fact that poker is or is not gambling is the only argument.

The importance of a flipper is the setup before the case even begins. They agree to plead guilty for big named crimes in exchange for what is called a "downward departure". They get time in front of the judge long before you have ever been named. The feds start the game way before your name is in the grand jury. Flippers make this easier for them.

The feds use the flippers to mold their case to their set of truths. Daniel actually started to fight his trial. Since the operator's lawyers are the ones that gave Daniel position to the sdny to detain, they couldn't exactly help fund his defense, after all, Daniel did get away with m of player funds.

Tilt was still making 40M without the USA. They declined many real offers prior to BF. Real as in, not like what you read about after BF with the ivey groups etc. Without a criminal legal enforcement, FT would have been fine. It was a favorite at one point. FT would have added sports and crushed it. While Stars would have bought wsop maintained the "poker only" stance and online poker would have been epic right now.

I agree with others that FTP would have eventually collapsed based on info that's now publicly-available. And like Madlex said, the "boom" ship had already sailed before Having said that, there's also some chance the DoJ wouldn't have needed tzvetkoff. Originally Posted by c BB code is On.

All times are GMT The time now is News, Views, and Gossip For poker news, views, and gossip. Send a private message to inmyrav.

Find More Posts by inmyrav. Find Threads Started by inmyrav. Originally Posted by inmyrav If it wasn't for flipping, would the online poker boom still be booming? Send a private message to Gzesh. Find More Posts by Gzesh. Find Threads Started by Gzesh. Send a private message to SrslySirius. Find More Posts by SrslySirius. Find Threads Started by SrslySirius. Originally Posted by inmyrav This is my question. Send a private message to madlex.

Find More Posts by madlex. Find Threads Started by madlex. Send a private message to FWWM.

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