Posts Tagged ‘online poker’

US Government Versus Online Poker, Game On!

Friday, April 15th, 2011

Wow! I’ve been reading the news today and following along on Twitter, and it’s been a crazy day for online poker in the United States. It’s all so shocking!

So, thanks to some friends, I saw a copy of the press release from the U.S. Attorney’s Office. The indictment came from that office and the FBI to charge 11 people with PokerStars, Full Tilt Poker, and Absolute Poker with big crimes. The people include owners and executives of those sites, and the charges include conspiracy to violate the UIGEA, violation of the UIGEA, operation of an illegal gambling business, conspiracy to commit bank fraud and wire fraud, and money laundering conspiracy. All of these crimes have max penalties of jail time and in the area of $3 billion that the complaint is seeking from the poker companies and defendants.

It seems the first thing the U.S. government did was seize the domains of Full Tilt, PokerStars, and Absolute. UB seems to be affected, too. People started to have trouble gaining access to the sites, and some of the saw a notice from the Department of Justice saying that the domains were seized. Many U.S. players are starting to say that they aren’t allowed to play cash games on the sites, and some are even saying tournaments, too. It looks like U.S. players might be locked out of online poker on these major sites for awhile.

The official statement says that restraining orders were issued against more than 75 bank accounts used by those companies and their payment processors. Players are trying to cash out the money in their accounts, and it looks like checks are being issued, but if the banks can’t honor those checks, there may be a lot of bounced checks in the days and weeks to come. There’s still so much unknown about how this will play out.

Twitter has been blowing up with messages about this today. Everyone is trying to figure out what to do and what to say. The big companies are probably coming out with press releases, and organizations like the Poker Players Alliance is working on a statement.

It’s crazy that there have been so many efforts to legalize online poker in the U.S. recently, like with the U.S. government and in states like Nevada and California. But instead of working with our industry to help that happen, make it legal, and take the tax money from us, they decided to shut everything down instead. They’re arresting the bigwigs and freezing the money of the players who make a living at the game. What kind of solution is that?

There will be more news about this in the coming days. I’ll try to follow it, though I’m supposed to be traveling to San Remo soon for the EPT, so I’ll have to wait to see what happens. I’ll try to post here when I know more. Until then, I’ll post on Twitter as much as I can.

Good luck to all of my U.S. poker playing friends! I can’t believe what’s happening and hope it’s not as bad as it seems.

Cheers!

Happy Liz-Mas

Monday, December 7th, 2009

I hope everyone had a wonderful and fulfilling Thanksgiving. Now that all of the leftovers are gone and the chaos of Black Friday has passed, I imagine that most of you are getting into the Christmas spirit. I am certainly feeling the holiday cheer as you can see from my latest photo shoot for the chilipoker promotion.

This holiday season I am back in Vietnam for the fifth time this year to lend a helping hand to the less fortunate. It’s 4:30am in the city and in a couple of hours i will be on my way a remote area that I have been to and helped out before. I have arranged for supplies to arrive around the same time I do. I am excited to go back but things will be different this time due to the Typhoon Ketsana that they endured in late September that caused massive flood and wind damage to the area. It turns out that a typhoon is no different than a hurricane. According to Wikipedia: “The terms hurricane and typhoon are regionally specific names for a strong “tropical cyclone” hurricane (the North Atlantic Ocean, the Northeast Pacific Ocean east of the dateline, or the South Pacific Ocean east of 160E) typhoon (the Northwest Pacific Ocean west of the dateline)”

No matter what the storm is called or how it is classified it did severe damage to a large area that already had little and now they have even less. I am in high hopes that I can make a difference to some of the people that have never know luxury and have had what they do consider “luxuries” taken away from them by mother nature.

After my seven days in the area affected by the typhoon I will continue to try to brighten the lives of those who do not have much. As promised I am donating 20% of my winnings from the money finishes of the WSOP Europe and the BC poker championship but that is actually not enough to do all that I want to accomplish. My other plans are to visit the countryside and grant 30 kids their Christmas wishes and devote a day to the elders. I am also excited to revisit the Thien Binh Catholic Orphanage where I had my best birthday ever. Those children and elders truly are inspirational. I wrote a blog about that experience and if you have not read it yet you have some catching up to do. It was such an amazing moment in my life.

I did get some time to myself when I first arrived in Vietnam and I spent it at the temple with my dad. Even though he has made his way into the after life I cherish every moment I get to spend with him. It was a peaceful time of reflection that I really needed so I could prepare for the days to come.

“Always give without remembering and always receive without forgetting.” This is a quote that I used recently on facebook but I like it and I think it is very fitting for the holidays and it should be observed year round.

Cheers!

What’s happening…

Saturday, March 21st, 2009

Bonjour everyone! So much going on this month, I am not sure where to start. I’ve been playing a fair amount of poker in the last couple of weeks. I spent some time at the Commerce Casino playing in the limit games and I also played some poker online. I plan to play some more this week to warm up for the Dream Team Poker Tournament March 27-29.

The Dream Team Poker Tournament takes place at Caesar’s Palace and is a team format. Every team is made up of three players and a ton of big names have committed to the event. Including Mike Matusow, Phil Helmuth, Jerry Buss, T.J. Cloutier, Tom McEvoy, Dennis Phillips, Todd Brunson, Jerry Yang, Jamie Gold, Kenny Tran, Shawn Sheikhan, Actor Mehki Phifer, Hoyt Corkins, Tiffany Michelle, Quinn Do, NBA Player Chris Mills, Jeff Madsen, Joe Sebok, Maria Ho, Lacey Jones and a ton of other well known players.

More than 100 teams are expected to enter. You can view the format or get more details on dreamteampoker.com. It should be a fun event and I haven’t participated in many “team” formats so this should be pretty interesting. My team is made up of Quinn Do, Matt Stout, and myself.

So, what else is going on with me?? Well I want to report that I am officially a trendsetter!! LoL. Actually my friend Chesty Kemper called me this, because I’ve been trying to get him on Twitter for the past year. He told me this week he saw Twitter being featured on the TV news 2 times and once on MSN.com as the newest craze!! I told him he would be addicted to Twitter because he’s pretty good about keeping up on his facebook account. I tried to get my girlfriend Lisa on Twitter as well. Both of them have refused to participate on Twitter out of stubbornness and Chesty admitted to me last week that it’s becoming tougher because so many people are joining Twitter every day.

Liz Lieu Twitter

I also want everyone to know there has been a Liz Lieu Fan page created on Facebook if you haven’t had a chance to check it out. I approve of the page and I encourage those of you who are not linked to my facebook account to go there. I have had a ton of requests to my Facebook account lately and I am only adding friends. I feel like I need something personal for me. People can get a hold of me on my website and myspace among other places and I want to continue to keep my facebook page for my friends and family. I hope nobody is offended if I turn them away. 

Liz Lieu Fan Page

So what’s going on in this crazy topsy turvy world? Hopefully we’ve hit rock bottom on falling stock prices. It was good to see the stock market go up for a couple of days last week. It was getting pretty depressing. On top of that, AIG is paying out more than $160 million in bonuses to company executives after they received almost 200 billion in bail out money from tax payers!! That was crazy. Congress just passed a bill to tax them at 90% to penalize their greed. It was about time somebody in govt. did the right thing to stop some of this nonsense.

This economy is affecting everything! I’ve noticed the bigger games are starting to slow down and Vegas suffering a little bit in their tourism. I’ve been playing at lower limits than I have in the past just to get a good game. I also spend more time online because the games don’t last as long or run as frequently as they used to 3-4 years ago. I might need to look for another job!! HaHa … JK!

I don’t think I would make a very good employee. I’ve been playing professional poker since I was 18 and have always been self-employed. I don’t know how long I would last taking orders from somebody else. I was going to play in Bay 101 but the week before that tournament, I was running so badly online and live cash games, so I decided to take a break and play in the Caesar’s event instead and prepare for my trip to Monte Carlo for the EPT Grand Finale. Before that I will also be participating in the Five Star World Poker Classic at the Bellagio right after the Caesar’s event.

Keep an eye out for me on the poker updates. I’ll update everyone soon and hopefully I’ll have some good news to report. And don’t forget to add Twitter!! If you haven’t heard of it yet, you heard it here first. And yes, that includes you, Chesty and Lisa!! You know you want to do it!!

Cheers!