It’s official. The DOJ has branded Full Tilt Poker as a “massive global Ponzi scheme.” I had my suspicions of this back in April when the DOJ said that Full Tilt could resume operations outside the US if they returned the US-based players’ money. Full Tilt responded with a series of statements that boiled down [...]

NotedPokerAuthority.com is almost one year old! The first post was made on October 16, 2006, so NPA’s birthday is next Tuesday. I wasn’t sure exactly how the site would work out when I started doing Q&As a year ago, but today I have to say that it’s been a success well beyond what I expected. [...]

For those US customers (still) waiting to withdraw their money from Neteller, the company claims they are coming up with a deal to release the funds. [Emphasis added.] NETELLER is continuing to cooperate with the investigation being conducted by the United States Attorney’s Office for the Southern District of New York (“USAO”), under the advice [...]

I joined the Poker Players Alliance today. I was skeptical of them at first, which is why it took me so long to join. But I like what I’ve seen from them recently, and I decided to take the plunge. While sometimes I read stuff from them and I disagree, overall I believe Americans should [...]

I don’t have much to say about this article, but nevertheless I figured it was worth linking. Check it out. Alfonse D’Amato and Online Poker in the New York Times

I’ve been something of a broken record in the past about the fact(s) that: Gambling income is taxable in the US Lots of people aren’t declaring poker income on their returns The transactions are all logged, so there’s no plausible deniability if they look into your stuff They will start looking into online gambling transactions, [...]

I can’t say I’m very surprised to hear it, but today it became official. Neteller is rolling over to save itself from the headache and expense of a fight with the DOJ. Neteller issued a press release today. The lowlights are the following: The discussions between [Neteller's] legal advisers and the USAO are ongoing. [Neteller] [...]

At the risk of beating a dead horse, I just wanted to share a little of my morning paranoia. So I know that despite my protestations, a number of online poker players still don’t plan to report their play on their taxes. I frankly think that it’s an enormous risk to take, and I fully [...]

Matt Maroon thinks we should all calm down a bit. I agree. Honestly, I think people are blowing a lot of the recent happenings enormously out of proportion. A few years ago, poker got really, really lucky, and a crazy idea called the World Poker Tour captured people’s imaginations and became the “new big thing.” [...]