EXPERT: U.S. ONLINE POKER ‘COMPLETELY WIPED OUT’

On Friday, the owners of the biggest online poker sites, PokerStars, Full Tilt Poker and Absolute Poker, were arrested and the sites were shutdown in the United States after the FBI alleged that the sites laundered money and defrauded banks to get around gambling laws.

We sat down with poker agent Brian Balsbaugh of Poker Royalty, the most knowledgeable poker authority we know to break down the ramifications.