There seems to be some confusion about what player account segregation means and how this all plays out in the recent DOJ action seizing bank accounts and poker sites being unable to pay back players. Please consider the diagram below. It’s a very simple version of how payment processing works (or did work up until …
I want to preface this article by saying that as one of the first people to join the Poker Players Alliance (PPA) when the group was founded back in 2005, I feel they have done a terrific job on a number of fronts for the poker community, perhaps the most important of which was the …
First off, I want to say that as far as I know I’ve only met Joe Sebok once a few years back at the WPBT event at Imperial Palace. He came with Barry Greenstein who was speaking before the tournament and we said “Hi, nice to meet you” or some other rather impersonal exchange. I …
“I triple guarantee you, there are no American soldiers in Baghdad.” Starting with the UB and Absolute Poker scandals this company has about as much credibility as the former Iraqi Information Minister. I mean, have they ever been straight with the public about anything? How long did they deny any funny business going on at …
Looks like law enforcement in Costa Rica has been very busy lately. Not sure of the exact order of the raids but supposedly the Organismo de Investigaciones Judiciales (OIJ) raided the Absolute and UB offices as well as the home of Scott Tom and took Tom’s girlfriend. They even raided the home of Olman Rimola’s …