reno
reno
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Joined: Jan 20, 2010
June 22nd, 2011 at 12:15:11 PM permalink
http://www.radaronline.com/exclusives/2011/06/tobey-maguire-sued-illegal-poker-game-leonardo-dicaprio-ben-affleck-matt-damon

The poker game had a $100,000 buy in. Seems to me that so long as Damon, Affleck, DiCaprio, & Maguire paid taxes on their winnings, the game itself is not illegal. Is this correct?
odiousgambit
odiousgambit
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June 22nd, 2011 at 12:27:26 PM permalink
Quote: reno

Seems to me that so long as Damon, Affleck, DiCaprio, & Maguire paid taxes on their winnings, the game itself is not illegal. Is this correct?



Quote: article

Under California law, it's illegal to play for money at underground poker clubs, although it is a crime rarely prosecuted. None of the participants are under criminal investigation, Star has been told.



rarely seems to be the key word here, but this is a lot of money.
the next time Dame Fortune toys with your heart, your soul and your wallet, raise your glass and praise her thus: “Thanks for nothing, you cold-hearted, evil, damnable, nefarious, low-life, malicious monster from Hell!”   She is, after all, stone deaf. ... Arnold Snyder
TIMSPEED
TIMSPEED
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June 22nd, 2011 at 2:03:07 PM permalink
Quote: odiousgambit

rarely seems to be the key word here, but this is a lot of money.


To US it is...to THEM it isn't.
Gambling calls to me...like this ~> http://www.youtube.com/watch?v=4Nap37mNSmQ
Ayecarumba
Ayecarumba
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June 22nd, 2011 at 2:49:39 PM permalink
What makes it a "club" as opposed to a "home game"? Is there a rake?
Simplicity is the ultimate sophistication - Leonardo da Vinci
FleaStiff
FleaStiff
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June 22nd, 2011 at 3:41:17 PM permalink
The lawyers are trying to throw as many adjectives around as they can. Nefarious schemes, unlicensed, bullet proof vests, skilled dealers... its a simple civil suit to recover stolen funds on behalf of the investors and stick it to these deep pocket poker players as the law firms rack up mega fees.

They should have checked out their members better. Would you trust a Hedge Fund Manager if he were in a licensed casino? Or a bank employee in a casino?

I doubt his poker losses are anything more than a drop in the bucket and that largely the money went elsewhere.
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