Three days short of the four-year anniversary of Black Friday, the poker community discovered that one a well-known U.S. facing online poker site may be engaging in some of the same activities that got PokerStars, Full Tilt and Absolute Poker indicted back in 2011.
Poker pro Mike McDonald, better known as ‘Timex’, revealed on Sunday night that a payment process for Americas Cardroom asked him to lie to his bank about a potential deposit to his account.
McDonald shared the following via Twitter:
Deposit to @ACR_POKER failed so I called support "tell your bank its for sporting goods from China. Not gambling. Sporting goods from China"— Mike McDonald (@MikeMcDonald89) April 12, 2015
For those of you that followed the Black Friday scandal, payment providers regularly recoded online poker payments in order to circumvent the UIGEA. A common practice was to use sporting goods as a recode.
America’s Cardroom Blames Third Party Provider
Considering the fallout experienced by companies after Black Friday, one would have expected a generic response from the company such as “we will investigate the matter.” Instead, the company shifted blame to a third-party company and claimed there was nothing they could do.
The following was the reply by Americas Cardroom on Twitter:
@MikeMcDonald89 We have to work with third party companies who say what we have to do on these matters. Apologies for any hustle you may had— Americas Cardroom (@ACR_POKER) April 13, 2015
Ironically, the operator of the account apologized for any “hustle” McDonald had rather than hassle. This was quickly picked up on by followers and ridiculed. Americas Cardroom followed up with another post claiming that it was an auto-correct issue. This in turn was followed by ridicule claiming that the company was updating accounts from cell phones.
Situation Highlights Need to Regulation
This situation involving Americas Cardroom further highlights the need for online poker regulation in the United States rather than prohibition. The UIGEA prohibits banks from processing online gambling transactions and this forces companies to come up with alternative methods to fund accounts. When this isn’t possible, some will resort to tactics such as suggested to McDonald to circumvent our laws.
With regulation, there would be no need for McDonald to lie to his bank about what the deposits are for. If credit card deposits weren’t available, he would have other options for funding that would include a live deposit with the online casino’s partner.
Sheldon Adelson and friends want to ban online gambling nationwide and force companies to resort to these types of tactics on a regular basis. The passage of RAWA will not stop some companies from trying to offer online poker.
Instead, players will have to roll the dice and hope that their deposits will go through and that they will be paid their winning. Just ask UB and Absolute Poker players how long it took for them to get paid. Oh right, they didn’t.