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General Poker
DOJ adds Lederer/Ferguson/Furst to Complaint - Claims defrauded poker players
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[QUOTE="Gunner57, post: 1796458, member: 78827"] Agreed. It is actually too bad that FTP screwed things up because online poker otherwise would have a OUTSTANDING Business model otherwise... -People give you their money interest free -It is all very liquid and theoretically invest that cash and earn returns for free! -you charge people money to spend the money on your site -95% Loose money -Most re-buy once they lost all of their money What will happen out of all of this (if poker is legal in the US) is that the companies will have to hold the funds like a bank (either all of the funds or a large portion in secured accounts). This is much better and safer for the players however it might mean higher rakes and service charges. [/QUOTE]
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DOJ adds Lederer/Ferguson/Furst to Complaint - Claims defrauded poker players
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