Top US Online Casinos
1. Jumba Bet Casino - $25 No-Deposit Bonus Plus a $1,200 Welcome Welcome package.
2. Bovada - Best bitcoin casino and massive welcome bonus worth 100% up to $3,000 Free.
3. Lucky Creek - 66 Free Spins Plus 166% up to $266 Free.

Poker Stars Having a Rough Time in US and Australia

23 May 2011 by admin

Things just do not seem to be getting better for Poker Stars. First they got in quite a bit of trouble in the United States when some of their top executives were indicted on charges of bank fraud and money laundering; this was also when their domain was seized and operations ground to a halt as a result of the seizure. Turns out Black Friday might only the beginning of troubles for Poker Stars.

With that being said I invite you to take a look at what is happening for Poker Stars in Australia. One of the online poker site’s subsidiaries, GP Information Services which is owned by Oldford Group which is owned by Poker Stars, is potentially looking at being the target for the Australian Crime Commission. Not surprising, it is always easier to kick someone when they are already down.

The problem with GP Information Services is that it handles the advertising and promotion of Poker Stars in Australia. Unfortunately Australia’s Interactive Gambling Act 2001 (IGA) makes it illegal for any company to advertise or promote an interactive gambling service. And online poker definitely qualifies as an interactive gambling service. As the indictment reads that GP Information Services is one of the companies that “Poker Stars did business…at various times relevant to [the] indictment.” In fact all of the companies that the Australian Crime Commission is going after in this indictment are somehow a part of Poker Stars and are being referred to as “collectively, Poker Stars.”

Really makes it apparent that the target is not one or two companies but the online poker site giant. Thankfully not everyone thinks that the Australian Crime Commission’s indictment will hold water. According to Australia’s Digital Economy Minister, Stephen Conroy, “As the Internet is a cross-jurisdictional medium, it is difficult for Australia to enforce our laws on companies not based in Australia.”

And that, folks, is a two-fold punch. On one hand it makes it clear that the Australian Crime Commission is looking for someone to prosecute, which they have been urging the Australian federal government to do for some time now; up to know they have only been able to issue warnings, but nothing heavy handed. It seems like they are chomping at the bit for some action. On the other hand, Conroy is getting a dig in at the US for trying to prosecute companies that operate outside of their borders. True, the crimes committed were very illegal but it still makes for a sticky situation.

It will be interesting to see in the coming months whether or not the Australian Crime Commission can make the indictment stick. Either way it is one more headache being added to Poker Stars.

Comments are closed.