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U.S. seisure of online poker players funds

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    #2
    the whole year inn
    Registered Users Posts: 7,090 ✭✭✭the whole year inn


    Poor americans.Some of the lads over in 2+2 are freaking out.If I had money in any of those sites I get it out for now.


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    #3
    opr
    Registered Users Posts: 8,267 ✭✭✭opr


    Surely this has finally forced the issue and while the poker sites seem to be taking the hit on this round of freezes they surely can't continue doing business in the U.S. ?

    Opr


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    #4
    Grafter
    Closed Accounts Posts: 938 ✭✭✭Grafter


    opr wrote: »
    Surely this has finally forced the issue and while the poker sites seem to be taking the hit on this round of freezes they surely can't continue doing business in the U.S. ?

    Opr

    Stars and Tilt have grown and grown over the past couple of years.

    If (I assume) only a small percentage of US related deposits are held by any given payment processor and the rest are in a place where the US can't easily get at them, then the benefits of having US customers will continue to outweigh the odd minor mulitimillion dollar hiccup.


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    #5
    Mellor
    Registered Users Posts: 39,170 ✭✭✭✭Mellor


    What "processors", sites etc are actually affected.
    Any cause for concern here?


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    #6
    Donkathon
    Registered Users Posts: 932 ✭✭✭Donkathon


    Mellor wrote: »
    What "processors", sites etc are actually affected.
    Any cause for concern here?

    from whats going on over on 2+2 they said fulltillt and stars at least


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    #7
    RoadSweeper
    Registered Users Posts: 2,513 ✭✭✭RoadSweeper


    Is there any need to withdraw my loot from stars?


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    #8
    Donkathon
    Registered Users Posts: 932 ✭✭✭Donkathon


    RoadSweeper wrote: »
    Is there any need to withdraw my loot from stars?

    I dont think so, I've very little on there but my account is on self exclusion for a little while and i dropped them a email, reply;

    Thank you for your email.

    As you know, Bank of America is an independent, publicly held company
    and we are unable to speak for or comment on Bank of America's
    internal policies. PokerStars is owned and operated by a legal entity
    located in the Isle Of Man (a crown dependency of the United Kingdom)
    and we pride ourselves on abiding by all relevant laws and
    regulations.

    We would like to reassure you that all funds held with PokerStars are
    completely secure. Player deposits are held in a separate bank
    account so that they remain completely isolated from all other aspects
    of the business.

    PokerStars uses a number of processors and a variety of methods for
    players to cash out their funds. You can be assured that your money
    is always safe in your PokerStars account, and you will always have
    access to your funds.

    If there is anything else we can help you with, please let us know.

    Best regards

    Andrew
    PokerStars Payment Services


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    #9
    Donkathon
    Registered Users Posts: 932 ✭✭✭Donkathon


    I never mention bank of america so it must be something to do with them


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    #10
    sceptre
    Registered Users Posts: 19,608 ✭✭✭✭sceptre


    Kind of odd that they mention Bank of America - it's not one of the three banks listed. I suppose that's a side-issue though. Either way, no fear there.


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    #11
    The Tourist
    Closed Accounts Posts: 376 ✭✭The Tourist


    Imagine the amount of interest stars make on their deposits of players funds.


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    #12
    Tony_Montana
    Registered Users Posts: 821 ✭✭✭Tony_Montana


    Ouch


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    #13
    Mellor
    Registered Users Posts: 39,170 ✭✭✭✭Mellor


    Bank of america cards haven't been allowed to deposit on PS for a long time now, 18-24 months ago I tried to use my BoA card on PS and it was refused.


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    #14
    Donkathon
    Registered Users Posts: 932 ✭✭✭Donkathon


    Donkathon wrote: »
    I never mention bank of america so it must be something to do with them

    have to laugh at FTP support sometimes,
    I send both pokerstars and FTP the same email at the same time and have only this morning gotten a reply from FTP :rolleyes:

    Pretty much the same reply anyway


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