Poker Companies May Lose Big Bet

Wednesday, April 20, 2011

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.


Tim Flores and Aaron Todd

Produced by:

Jen Poyant

Comments [2]

smpicks from Miami

The three poker sites will be returing the money to all the poker players for the three sites.
They are still open to accept players from outside the US

Apr. 21 2011 04:23 PM
Timothy Flores

Thanks for having me on!

Apr. 20 2011 07:40 AM

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