Poker Room Credit Union Taken by US Government

In a continuation of the attacks on online poker by the US Government, a Credit Union with ties to payment processing for poker rooms was recently taken over by the Federal Government. Online poker sites such as PokerStars have to use financial institutions to process payments, something that was made illegal in 2006 when the US passed the UIGEA, the Unlawful Internet Gambling Enforcement Act. Vensure FCU has been put in a conseratorship after a US Judge gave the credit union a restraining order in conjunction with its alleged practices of working with online poker rooms.

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Poker dictionary:

OPENERS - Cards in a hand that qualify a player to open the betting.
FOLD - To decline to call a bet, thus dropping out of a hand.
SET - In Hold'em, three of a kind where two of the cards are hole cards.
WALK - A pot won by the last blind when no one opens.
DOYLE BRUNSON - In Hold'em, 10-2 in the hole. So named because Doyle Brunson won two straight WSOPs (q.v.) in 1975 and 1976 with 10-2 on the last hand. (Suited (spades) in 1975, unsuited in 1976).
EXPECTATION - The long-run [dis-]advantage of a given situation, specifically without reference to any particular outcome. I.e., what you figure to win [lose] on average after a large number of repetitions of the same situation.

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