Full Tilt Poker, PokerStars & Absolute Poker Shut Down by Government

Full Tilt Poker, PokerStars and Absolute Poker web sites have been taken over by federal prosecutors following indictments made against them. The site are said to be the largest online poker companies operating in the United States.

Eleven people were indicted in New York City on gambling, bank fraud and money laundering charges in a crackdown in Internet poker, federal prosecutors said.

The indictment announced Friday targeted Internet poker Web sites that raked in millions of dollars from American players and allegedly disguised the revenues as online merchandise purchases.

While the companies are officially located outside the United States, they allegedly violated U.S. law by accepting payments they presumably were aware came from an illegal activity, the U.S. attorney’s office said in a written statement.

“As charged, these defendants concocted an elaborate criminal fraud scheme, alternately tricking some U.S. banks and effectively bribing others to assure the continued flow of billions in illegal gambling profits,” U.S. Attorney Preet Bharara said. “Foreign firms that choose to operate in the United States are not free to flout the laws they don’t like simply because they can’t bear to be parted from their profits.”

The indictment also seeks some $3 billion in penalties and alleged gambling proceeds from dozens of bank accounts in 14 countries, the statement said.

Apr 18, 2011, 09:10 by David Hope
Source: UPI

We attended NIGA (National Indian Gaming Association)

It’s been an exciting year! We had the pleasure of attending The National Indian Gaming Association (NIGA) this April and met with top regional and national Indian Gaming casinos. Everything went great, we were warmly welcomed. We are an associate member of NIGA now too and are excited to contribute to the association.

NIGA, established in 1985, is a non-profit organization of 184 Indian Nations with other non-voting associate members representing organizations, tribes and businesses engaged in tribal gaming enterprises from around the country. The common committment and purpose of NIGA is to advance the lives of Indian peoples economically, socially and politically. NIGA operates as a clearinghouse and educational, legislative and public policy resource for tribes, policymakers and the public on Indian gaming issues and tribal community development.

The mission of NIGA is to protect and preserve the general welfare of tribes striving for self-sufficiency through gaming enterprises in Indian Country. To fulfill its mission, NIGA works with the Federal government and Congress to develop sound policies and practices and to provide technical assistance and advocacy on gaming-related issues. In addition, NIGA seeks to maintain and protect Indian sovereign governmental authority in Indian Country.

Learn more about NIGA