received a rude message when they attempted to log into their favorite poker site that day. On April 15, 2011, the cops busted the party. Many more money than their friends who were slaving away at a 9-5 job. They didn’t have to get a job and could sit at home all day crushing donkeys on the internet. Online poker was booming, the games were soft, and many were making good money playing cards online. At the time, few poker players were very concerned with the safety and the security of their money. Coincidentally, however, the Wire Act would later pave way for legal online poker (more on this later).īut that didn’t stop the sites from accepting millions of American customers, and promoting their poker sites across the country. Thus, the internet poker sites operating in the U.S. That meant poker sites couldn’t legally take payments, nor could banks accept gambling-related transactions. The law made it illegal to accept gambling payments via wire communications. That is because of the Federal Wire Act of 1961.
In 2011, there were no licensed and regulated poker sites operating in the United States. online poker players suffered severe financial problems as a result of the DOJ shutdown. What happened on that infamous day? The game of poker changed forever, but not in a good way. But even PokerStars has a rocky history and is fortunate the events on Apdidn’t crush the business. It remains the most popular place to play poker in the world. Then we had some other fairly popular smaller sites such as Doyle’s Room, founded by poker legend Doyle Brunson.įast forward 10 years later and PokerStars is the only poker site among that group still standing. And then another major network of sites, Cereus Poker Network, which owned Absolute Poker and Ultimate Bet. There were two wildly popular sites that spanned the globe - Full Tilt Poker and Poker Stars. The day, forever known as “Black Friday,” was arguably the most devastating and costly day in poker history.īack in 2011, online poker was booming. Department of Justice (DOJ) for illegal gambling, money laundering, and bank wire fraud. Exactly 10 years ago to the day, the poker world went into shock.
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