The Worst Day in Online Poker History

The Worst Day in Online Poker History

Nine years ago, poker players woke up to find out that the sites they played on had been closed down by the US Department of Justice. That day, known as Black Friday, changed the lens through which many poker players viewed the game.슬롯사이트 주소

Although some players were quickly reimbursed by PokerStars, Full Tilt and Absolute Poker/UB, hundreds of millions were lost.

What Happened?

The infamous Black Friday was April 15, 2011, the day the US Department of Justice dropped a bombshell on online poker by seizing the domains of the three largest sites serving the American market, PokerStars, Full Tilt Poker and Absolute/UB. It also unsealed a 52-page indictment against the sites for violating federal bank fraud and money laundering laws.

Players trying to log in found a message that the DOJ had taken over their site, leaving them without access to millions of dollars in their accounts. This ushered in an era of near-hysteria and fear for the future of online poker in the US.

In the aftermath of Black Friday, a new generation of online operators emerged to pick up the pieces. Many of them were willing to rework their business model to comply with the new laws, while others chose to focus on other markets or just stay out of the US. Eventually, the road to licensed and regulated online poker in the US began to look more promising again.

Why It Happened

In recent years, Black Friday has become synonymous with a whole host of negative connotations. It’s been associated with greed, materialism and, arguably, a lack of family values. Plenty of retailers have come under fire for opening their stores too early on Thanksgiving and depriving their workers of time with their families.카지노사이트

But it wasn’t always that way. The term “Black Friday” was originally used to describe the hellish traffic chaos caused by crowds of people pouring into Philadelphia in the days after Thanksgiving to see the Army v Navy football game, which took place every year on that day. Police officers and cab drivers bemoaned the huge influx of people, which resulted in long queues, traffic jams, shoplifting and all manner of other dramas. That was how the name stuck.

How It Happened

The origin of Black Friday is a bit murky. There are plenty of tall tales involving horrendous traffic jams in 1950s Philadelphia, references to the color black as used on handwritten ledgers to denote profit and other bits of whimsy.

In reality, the term probably originated with police officers in Philadelphia who complained about dealing with hordes of people that flooded into the city to do their holiday shopping and attend the Army-Navy football game on the Saturday following Thanksgiving. The police were forced to work long shifts and deal with a lot of chaos and mischief.

This year many retailers faced logistical nightmares during the shopping fervor. J. Crew's website went down, while Lowe's was plagued with technical problems. Both had to resort to using social media to tell customers they were experiencing problems. Despite these issues, many consumers were eager to dig into the deep discounts offered on Black Friday. Millennials were the biggest shoppers, spending more than any other age group.

What We Can Learn From It

There's a lot to learn from Black Friday. For example, it's important to keep in mind that sales hype can have a negative impact on the environment. More shopping means more products needing to be manufactured and shipped, which creates more waste and emissions.

Consumers also need to be careful about overspending and impulse buying, especially on bigger ticket items. Savvy shoppers know to prepare for the day by making a game plan and mapping out their purchases in advance. This can avoid FOMO, or the Fear Of Missing Out, which triggers people to buy things they don't need.

Finally, it's also important to have strong organizational alignment throughout the year in order to deliver consistent experiences across all channels. This may mean having a team of marketing leaders and other departments working together to develop campaign plans. It also requires keeping an eye on new trends and adjusting tactics when necessary to meet goals.온라인카지노사이트