18:16
Greg
Full Tilt Poker last night dismissed the employees for its US operation, at this point it is not clear how many people have been affected. What it does signal is that Full Tilt Poker and a great many of the other Poker Sites are now going to have to dig in and prepare for a much longer war with the US government over the Unlawful Internet Gambling Enforcement Act, 2006 which prohibits these companies from accepting US citizens onto their sites.
Many would argue that this is blatant protectionism by the US government as many of the companies affected are located in Europe and other countries outside of the US this is merely an attempt to grab a little tax dollar. Some companies are still continuing to trading within the US, however when you look a little closer many of them would seem to operate from within the safety of American cities and conveniently adhere to US tax laws. The European Union has some of the strictest code of ethics and business practices and the online poker industry has been assessed to the highest of standards, I wonder if the US is worried about its citizen’s ability to make decisions on playing poker or more conscious of the millions of dollars these companies are making outside of its borders. If poker has become such a concern to the politicians, then surely Las Vegas, Nevada and its many casinos should worry if they are next on the hit list, although somehow I feel they will just be fine. Surely this is a story that has a long way to run with world trade organisations from Europe and around the world set to appeal America’s unfair trade practices. God bless America!
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