Poker Companies May Lose Big Bet

The Takeaway
The World

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.

Invest in independent global news

The World is an independent newsroom. We’re not funded by billionaires; instead, we rely on readers and listeners like you. As a listener, you’re a crucial part of our team and our global community. Your support is vital to running our nonprofit newsroom, and we can’t do this work without you. Will you support The World with a gift today? Donations made between now and Dec. 31 will be matched 1:1. Thanks for investing in our work!