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Another significant event in poker is “Black Friday”, a landmark continuing that significantly impacted the net gambling trade, significantly relating to on-line poker. The case revolved around the prosecution of the founders and executives of PokerStars, Full Tilt Poker, and Absolute Poker. The costs included financial institution fraud, cash laundering, and violating the UIGEA. The major authorized statute within the US concerning on-line playing is the Federal Wire Act of 1961.
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