Deposit Panic

[WinJStar]

Hey all, I don't want to create panic, but I would like to prepare everyone. Originally banks had until last December to comply with no US deposits online. If you recall, our credit card processors pulled out a full month early. The law was postponed until June 1st. Essentially Pokerroom locked us out a couple years early (and we saw their fate). I have received no official word from Everleaf Gaming regarding when the processors will pull out. Based on history, my guess is 30 days before compliance which will be around end of April or beginning of May. This obviously is not only going to impact LP, but all online gaming sites. I do not believe deposits via Pic Club or Western Union will be affected.

I am simply giving you a head's up. There is a ton of rumble in the industry and articles are coming out daily with updates. As pertinent information becomes available I will post it.

If I were you, before the "rush", I would go ahead and get accounts set up and verified at Pic Club and of course I am continuing to look for alternative deposit options.

If you have not already joined the PPA, do so. It will keep you informed and players need to unite on this issue. membership is free. https://theppa.org/join/

[LadyWrestler]

Thank you for the advance heads up!

[WinJStar]

I'm a little surprised this thread hasn't got more action. No one seems bothered that our rights are being taken away.

[Savannah D]

I'm a little surprised this thread hasn't got more action. No one seems bothered that our rights are being taken away.

Thanks for the heads up... Already a PPA member... As for the action here, and our rights... Don't get Me started...

[LadyWrestler]

Unfortunately, I think many are just accepting that losing rights has become the inevitable way of life in the United States of America. And that's really sad!

[Savannah D]

I quote from the book of Caddyshack...
"This isn't Russia. Is this Russia? This isn't Russia."

[CJ]

Sadly, Shay..you are spot on...

[Ezzz]

No US deposits online to anywhere? Or just to poker sites? I notice other sites use fake online entities to hide where the $ is going. So curious exactly what you mean when you say "online"?

[Niccivan]

I am bothered. But what can we do? And who is going to help us that could actually make a difference? I don't see anyone who is currently in Washington who is willing to help us that people will actually listen to.

[WinJStar]

Well the good news is ELG confirmed we will not lock out the US like Party and PR did. If we can find a way to get $ on then they are welcome. No idea what the major sites are going to do. I wish someone would make an announcement as to intent so I can start planning accordingly. I assume money online will be like a drug. If people want to play, they will figure out a way to play. Already people send money to friends in Canada and alternate countries for transfers. Pic Club is not great, but its an option.

I am curious about Western Union. I wonder if they will be prohibited from taking our $. They are the easiest solution with just a trip to a supermarket to make a deposit.

Some people signed up and got money on with PIC having no trouble at all. Others find it very difficult. I did ask Operations today for a heads up and at least a week of warning before pulling the plug. I definitely suggest at least setting up a PIC account. I have a feeling once this law goes into affect they will be back logged for ages. Also, it is entirely possible the major sites will join them. If I had extra dough, I would definitely be buying PIC stock now. If FT finds away around it, then at least we have this new Send My Chips option. So friggin ironic, I just got word we will be accepting E-checks shortly. haha.

Its not over yet, maybe a miracle will happen and we won't lose our rights!