CNBC Investigates: The Big Business of Illegal Gambling (online poker segment)

[jawbreaker480]

why the hell is gambling illegal!! whats wrong with gambling!!??

[NebunLaCap]

The Unlawful Internet Gambling Enforcement Act (UIGEA) was passed in 2006 at the urging of then-Senate Majority Leader Bill Frist (R-TN). In 2009, the Third Circuit Court of Appeals ruled that the UIGEA did not make any online activity illegal. Instead, the legality of internet gambling may ultimately depend on state law. The Wire Act, passed in 1961, has traditionally applied to online wagers on sports and has not been formally updated to encompass internet wagering.

[Ripptyde64]

gotta watch Wapner. Im a weely good dwiver

[stopgapsleetyed]

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[KBoogs719]

it just makes me wonder, should i really make an effort to get an advanced degree and be in debt? or should i devise some sort of scam or scheme and make gazillions.

[KBoogs719]

that is some sick shit, it really tells you where you should focus your energies. think about it, he was making alot of money already as the owner of that site, then he saw an opportunity to make WAYYYYY more, now he is a gambler by profession a person who generally highly risk averse, sounds paradoxical but true, at the professional levels, so he must have felt it was a better decision to sell the company to someone then rob the dumb fuck for $22.8 million and got away clean!

[MarcusThe411]

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[iDraw3G]

This Todd Witteles really seems like an asshole

[IPAWNMYQUEENS]

cant tell me the people from ub and absolute didnt notice something strange... i mean its really cheap to find software wich discovers such things... cant believe phil hellmuth puts his name on the line for that company..

[IPAWNMYQUEENS]

yeah i got cheated exactly the same way from c when i was playing, they always knew when i had a marginal hand... and everytime i had a full house someone had a bigger fullhouse... yeah logic along tells you when you get cheated.. but seriously if you play not on a faked partpoker site, i mean if you play on the real partypoker site everything is straight... partypoker cant cheat people because they are under european laws...besides ub and absolute are lieng

[Devilboy668]

wtf can't anyone get Russ Hamilton for this?

[IPAWNMYQUEENS]

hey can you internet provide see what you are doing on the site or is the poker stuff coded?