Fergie's Tech Blog

60 Minutes: How Online Gamblers Unmasked Cheaters

Via CBS News/60 Minutes.

In the wild, wild west, when a poker player was caught cheating it was a capital offense, with the punishment quickly dispensed right across the card table. But today if you're caught cheating in the popular and lucrative world of Internet poker, you may get away scot-free.

At least that seems to be what is happening in the biggest scandal in the history of online gambling. A small group of people managed to cheat players out of more than $20 million.

And it would have gone undetected if it hadn't been for the players themselves, who used the Internet to root out the corruption. As a joint investigation by 60 Minutes and The Washington Post reveals, it raises new questions about the integrity and security of the shadowy and highly profitable industry that operates outside U.S. law.

posted by Fergie @ 11/30/2008 08:13:00 PM