Poker777

[cindy2010]

It is hard to imagine how much money the online poker industry makes and we probably would never really find out just how much money goes into online poker. Every day there are more and more online casino and online poker and gambling sites coming up on the internet. When you think about how much money some of these sites offer in bonus payments and what not it is easy to understand that they must be making huge amounts of profits, otherwise they would not just be handing out free money like that. The profits from just one online gambling site with medium membership numbers could help a small developing country build and farm and educate for over a year, it could almost help develop the country completely. That is the kind of money we are talking about here. What do they plan on doing with the money that they seize anyway? I wonder how these online poker sites feel about having the money taken from them. And also what happens to the gambling site once the government has taken their funds? Is the site shut down or do they just continue on operating like nothing ever happened?

[skylarking]

I do not think that they should hand the seized funds back over to the people that deposited them if that is what they do with the funds that they take. These people deposited that money when they knew that they should not so why give the money back to them? They should keep the funds for themselves, the money that they could get out of these seizures could really help out the American government to help the country to get out of the economic crisis. Sure it won’t get them completely in the clear, it will take a while before they can have enough money to get themselves out of the economic trouble but it will do alot to help the country out and if they made it a regular occurance then there would be plenty of money to be made from the seizures. I agree that they should allow online poker and tax it, maybe that would help out even more.

[simplelife]

That does not make much sense. If they allow the online poker and tax it then there would be no need to be seizing the funds. Unless what you are meaning is that they should seize the funds first and then allow it and tax it, that would be the better and much more profitable way to go about it all. How long have these seizures been going on for? Is it something that they do every single year or is it something that they do more randomly? I agree about giving the money back to those who deposited it is something that they should not do , they should keep it. I am guessing that they only seize the funds that are in the accounts of American players at the time and not seize the total amounts of money that the poker sites have made from American players over the course of time. If it were the latter then the amount of money that they would be getting from it would be out of this world and probably even would be enough to get America out of recession or at least come pretty dam close.

[wisewords]

Although there are a large numbers of American players on these websites i do not really think that the seizures by the American government will make much of a dent in the money pile that these websites have stashed away or in the amounts of money that they make on a daily basis. Just what are the intentions of the government in seizing this money in the first place? Is it just because they are allowing players to the sites when they should not be doing it? Or is it purely just to get money? I do not really care why they are doing it, i just wanted to know for curiosity reasons i guess. I don’t think that this would stop gambling sites from accepting players from the United States of America at all because the money they take from these sites is practically nothing in comparison to the money that they actually get from the American players.

[leimo]

I think that the intention of the government by doing these seizures is to deter the American players from playing at the sites and to deter the gambling sites from accepting these players from the United States of America when they shouldn’t be accepting them in the first place from particular states but i don’t think that it would deter the gambling sites at all if there are no actual legal actions made by the government in regards to these sites doing the wrong thing, they would just start it up all over again, a little temporary loss of funds is nothing really when it won’t take them long at all to make those funds back and more. If they stop accepting American players on the other hand it will have a decent effect on the amount of money that they make through the gamblers that are signed up to the site even though there are many other countries all over the world who use the same sites.

[dittle]

If people spent just half as much money on helping the homeless or victims of natural disasters and stuff like that as they spend on gambling then i think that they could probably completely eliminate homelessness or at the very least drastically reduce the homeless rates. Granted alot of this money that they are seizing probably is because of problem gamblers who find themselves spending hours upon hours every day online at the casino or poker room gambling their cash away, but this is another reason why they shouldn’t give the money back to those who deposited it into the accounts, it’s just giving them the money again so that they can go off and gamble all over again. It is not going to stop people from gambling online, it is not a punishment at all, it is just a temporary set back and if it manages to do anything at all then it would probably just cause them to sign up to a different gambling site online and deposit their money there instead.