April 15, 2010
Suspicion
There is always an air of suspicion by some as to the authenticity of the play in online poker. Many people are inclined to think all poker online sites are “rigged” or “fixed” regardless of whatever the actual facts are. And certainly, the news that came out last year about Ultimatebet.com and Pokerstars.net having their random number generators hacked did nothing to quell these accusations.
For the most part, playing online poker is safe. However, any bad news that comes out about the industry is bound to once again raise concerns.
Such was the case this week when news broke that Full Tilt, the world’s second largest poker site, is being investigated by a federal grand jury in Manhattan on money laundering charges. According to the Financial Times of London, world famous poker pros Howard “the Prpfessor” Lederer and Chris “Jesus” Ferguson, two players closely associated with Full Tilt Poker, are also being investigated, according to the report. Both Lederer and Ferguson were named as having an ownership stake in Full Tilt in a civil suit filed last year.
Now, it is not known yet what the full accusations of this alleged money laundering are. And certainly, it doesn’t have anything to do with the integrity of play, just some corporate malfeasance is its true. Still, any bad news about online poker is damaging for the industry as a whole.
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