I'd have to agree w/ rchamberlin. I've predicted that at some point in the future, the US gov't will make this online poker thing illegal. I'm constantly cashing out such that there's never too much money in any one poker site's account.
With respect to Pokerspot, I believe that much of the problem is with how Dutch handled the business once he could no longer receive the money due to him via the credit card transactions.
He attempted to continue the business' normal operation by funding it through players' deposited money. That was the big no-no as the money was never his to begin with. You can imagine how things snow-balled from there.
The above is my recollection of the RGP posts made on the subject.
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12-02-04, 11:37 AM
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