Poker Companies May Lose Big Bet
Last week, the Justice Department indicted top executives at online poker companies based abroad for money laundering and wire fraud. It’s a major blow that could put the industry in jeopardy. Professional online poker players, some with millions of dollars in accounts associated with these online poker sites, are waiting to see if they’ll be able to gain access to their money. Aaron Todd, a journalist who covers the gaming industry for the Casino City Times helps explain how and why the feds went after these companies and how the players are adjusting. Tim Flores, a marketing executive in the online poker industry and a former professional online poker player explains how his friends and colleagues are dealing with the crackdown.
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