Full Tilt Poker and PokerStars Reaches Domain Name Use Agreement
20 April 2011
In a press release today the U.S. government stated it has reached a domain name use agreement with Full Tilt poker and PokerStars for the returning of U.S. poker players deposited money.
According to the press release it was announced by Preet Bharara , the United States Attorney for the Southern District of New York, that:
“No individual player accounts were ever frozen or restrained, and each implicated poker company has at all times been free to reimburse any player’s deposited funds. In fact, this Office expects the companies to return the money that U.S. players entrusted to them, and we will work with the poker companies to facilitate the return of funds to players, as today’s agreements with PokerStars and Full Tilt Poker demonstrate.”
The press release goes on to say:
“Under the terms of the agreements with PokerStars and Full Tilt Poker, the companies agreed that they would not allow for, facilitate, or provide the ability for players located in the United States to engage in playing online poker for “real money” or any other thing of value. The agreements allow for PokerStars and Full Tilt Poker to use the pokerstars.com and fulltiltpoker.com domain names to facilitate the withdrawal of U.S. players’ funds held in account with the companies.”
Bharara said this agreement will also extend to Absolute Poker and Ultimate Bet if they so choose to.Read the press release in its entirety.
Based on this information it is good news for online poker players, some with a lot of money sitting in accounts with these sites but also goes to show the intent of the U.S. Government. Are they afraid of a class action lawsuit from U.S. poker players whose funds have been lost? Are they just looking for a quick buck and not a legal battle of the gray area of the UIGEA?
We will probably never know the true intent and can now only await the next chapter to see when and if U.S. players can play online poker again.
29 June 2010ARJEL Approves Two More for Online Gambling
The French Gaming regulator ARJEL this week has awarded two more licenses to operate online gambling sites in France. PartyGaming was given a license to operate their online poker and sports betting websites to French residents. PartyGaming will offer sports betting right away and when the issue with Malta is remedied, they will offer online poker. Earlier PartyGaming announced three deals that will allow them to benefit from a huge pool of players.Read full article
15 April 2011U.S. Goverment Seizes Three Major Online Poker Domains
News in just now being broke that the FBI and the New York US Attorney’s office has unsealed an indictment today charging eleven defendants and seizing the domains of three major online poker sites including PokerStars, Full Tilt Poker, and Absolute Poker. According to some poker forums, people see a page that reports that the sites hace been confiscated by the FBI and arrest warrants are in place. Some say they see no such message and the site is working just fine.Read full article
18 April 2011Update on F.B.I. Online Poker Crack Down
Today if you go to pokerstars.com. ultimatebet.com, absolute poker.com or fulltilt.com and you will find a page from the FBI that says: “This domain name has been seized be the F.B.I pursuant to an Arrest Warrant in Rem obtained by the United States Attorney’s Office for the Southern District of New York and issued by the United States District Court for the Southern District of New York.Read full article