From BJ21com newsletter:
"...The cheating which netted the cheaters more than $20M occurred on two of the Internet's most popular sites, Absolute Poker and Ultimate Bet. The two sites operate out of a shopping mall in Costa Rica and run their games on computer services housed on an Indian reservation outside of Montreal. They are licensed by a Mohawk tribe that has no background in casino gambling; a tribe that previously made the majority of its money selling tax-free tobacco. Though such gambling is illegal in both Canada and the US, the betting laws in those countries have no jurisdiction on the sovereign reservation."
Obviously, the crooks who set this scam up did their due diligence. Did the poker players who were cheated ever hear of due diligence?
Costa Rica shopping mall!??
One online cheat was caught, but only at poker. The frightening bit: How many more cheats remain undetected, in this largely unregulated $18B industry?
