Black Friday Aftershocks Continue
The aftershocks of Black Friday continue to be felt. Not all the news is bad. There is some that is good and some that borders on funny.
The good news is that PokerStars has returned more than $100 million to American players who had deposits with the indicted online poker room when it closed down. The statement from PokerStars states that it is continuing to service payout requests and is committed to returning every cent. PokerStars has global interests. It operates worldwide under license from the Isle of Man Government. It also holds specific licenses in France, Italy and Estonia and has applied for license in many other jurisdictions. Clearly PokerStars does not want any adverse fallout from its American operations to affect its global ones.
The list of bad news is longer. For a start the other two indicted US poker sites are nowhere near paying off their customers. Full Tilt Poker had reached an agreement with the Department of Justice soon after Black Friday but has not reported any progress in this matter since. Absolute Poker reached its agreement just two days back.
In an exclusive given to Jenny Woo, Doyle Brunson said, “Reluctantly, I have decided to terminate my endorsement contract with Doyles Room. It pains me to leave at this time. I have aspirations of reentering the online poker business when the United States Government passes legislation, that officially legalize online poker sites.” The Doyles Room management has decided to continue to serve U.S. customers. Brunson has asked them to refrain from using his name and image, but they continue to do so. Watch this space for developments.
The organizers of WSOP have expressed a concerned that many players will not be able to pay the buy-ins this year. A large number of American players at WSOP are regulars at online poker sites and with funds blocked at the indicted poker rooms they may find themselves out of cash. Also these poker rooms ran satellites offering free WSOP seats, which is now not open to American players.
On the funny side there are posts at online poker forums of Absolute Poker having sent a debt collector to recover $700 from an unnamed player. The player claims never to have played at Absolute Poker or UB.com.
Similar Posts:
- Black Friday Aftershocks Continue
- DoJ Allows Funds to be Withdrawn from Online Poker Sites
- Absolute Poker’s Online Betting Shop Closed Down
- PokerStars Bounces Back By Establishing Itself In Europe
- PokerStars to Players: Your Funds are Safe
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