Full Tilt Under Full Attack
The honeymoon stage is over for Full Tilt poker, the US facing online casino
poker gambling site is now facing trials and cases in several US states. Not
surprisingly to anyone in the industry, the state of Kentucky has jumped on the
bandwagon and is now suing Full Tilt Poker, or rather the site’s owner Pocket
Kings, in an attempt to recover some of the funds that the state has lost
because internet gambling revenue is not subject to taxation in the US, the
state of Kentucky has begun to prosecute the largest of the US facing online
casinos for funds that Kentucky residents have wagered on the site.
The State of Kentucky just cannot seem to stay out of the industry headlines and
this case is no different; there is little chance that the state will win such a
case against Pocket Kings, but Governor Beshear is adamant about prosecuting and
punishing the online sites defying his requests that they leave the market.
As Kentucky State sues Pocket Kings, the state is asking for the right to
recover triple the funds that the state lost to the offshore online casinos
during a five year time period – from May 25, 2005 through September 25, 2005.
The case is gaining quite a bit of media attention because it comes just as the
Kentucky Supreme Court is likely to put a firm close to the domain name seizure
case that has dominated state headlines for the past year. The state just cannot
seem to give up the game and admit defeat – or to just join the trend and
legalize and license intrastate online casino gambling and forget about the
offshore sites that are firmly entrenched in the US market.
Online casino industry analysts anticipate that the case has no real merit and
that it may actually be thrown out before it even makes it to the courts for a
ruling. |