The gamblers and money behind online poker
Isai and Mark Scheinberg beat the odds and became the kings of Internet betting. Can they stay there?
Online poker has become a global pastime, generating $4.8 billion in revenues for gaming firms last year. But despite its popularity, online poker in the U.S. has been bedeviled by questions of its legality. The U.S. Justice Department has consistently taken the position that facilitating for-money online poker play violates U.S. law. This dynamic has created some big winners and losers.
While many companies have pulled out of the U.S., a few online poker firms, like PokerStars and Full Tilt Poker, have become rich by calling the government's bluff and taking U.S. poker play. At least one online poker entrepreneur may be headed to jail.