Business & Financial
DOJ Source Said PokerStars, Full Tilt Poker Created “Financial Black Hole”
PokerStars US Payouts Now Available
Though a statement has yet to be released by PokerStars at this time, the online poker firm is now allowing US players to withdraw funds.
US players were shut out of the world’s largest online poker room on April 15 following an indictment against the company by the US Justice Department. The company and its founder have been charged with money laundering and bank fraud.
Microgaming Online Casinos Pulling out of US Market
Reports have surfaced that Microgaming, one of the largest providers of online casinos, will no longer allow US players.
The company had previously pulled its poker network out of the US market following attempts by the Commonwealth of Kentucky to seize several dozen online gambling-related domain names. Some Microgaming casinos continued to operate in states where the activity was not specifically deemed illegal.
The move appears to have coincided with a crackdown against the three largest US-facing Internet poker rooms on April 15.
Clonie Gowen Lawsuit Sheds Some Light on Full Tilt Poker Corporate Structure
Poker’s Porn King Larry Flynt: How Good a Player?
Larry Flynt made news recently when it was announced that he was opening a "Hustler"-branded online poker room.
Full Tilt Poker Money Fails to Arrive for Poker Tournament Show
Merge Poker Now The Biggest of the US-Facing Online Poker Sites
Poker “Snitch” Daniel Tzvetkoff Bankrupt and in Witness Protection Program
The man who helped take down Full Tilt Poker, PokerStars and UB.com is bankrupt and stuck in a US witness protection program.
Daniel Tzvetkoff, the 25-year-old Australian wiz kid profiled on Gambling911.com just hours before the April 15, 2011 bust went down, is profiled in even more lurid details on the pages of the Sydney Morning Herald Monday by Cosima Marriner.
Restraining Orders, Frozen Accounts for PokerStars, Full Tilt Poker, UB.com Now Up
Globe and Mail Intimate Look at PokerStars Founder
The Globe and Mail released quite a fascinating look at the man behind PokerStars, Israeli-born (or perhaps Canadian-born) Isai Scheinberg.
Land-based Poker Rooms Report Modest Increases Since Online Poker Crackdown
With last week’s crackdown on the three biggest online poker rooms, some of the biggest beneficiaries have been the Vegas card rooms.
Absolute Poker, UB.com Issues Statement Regarding Indictments
Absolute Poker, including the UB (formerly Ultimate Bet) brand, hereafter "Absolute Poker," issued the following statement today:
UB.com Rep Joe Sebok Expects Company to Issue Statement Thursday
DOJ Restores Full Tilt Poker, PokerStars domain names to Facilitate Payments
As Part of Agreements, Use of Domain Names Pokerstars.com and Fulltiltpoker.com Will Be Restored to Facilitate Return of U.S. Player Funds
UB.com Suspends Real Cash Play by US Poker Customers in Wake of Crackdown
UB.com officially decided to prohibit US customers from playing in their card room for “real cash” effective Wednesday morning.
A popup announcement appeared on the site for any US resident attempting to access the cash rooms. The company had permitted “real cash” play for the past few years following an indictment handed down by the US Justice Department.
ESPN Will Air 2011 WSOP: Latest Developments re: Online Poker Crackdown
While ESPN has scrambled to remove advertisements from online poker sponsors and certain programming in the wake of a federal crackdown on industry behemoths PokerStars and Full Tilt Poker, theSome Comfort Provided to UB.com, Absolute Poker Players: Statement Issued
Judge Who Ruled in Favor of Gambling911 Throws Out Madoff Lawsuit
Pay Per Head Outfits May Win Out Big In Wake Of Online Poker Indictments
Phenomenal Percentage Growth Rates Likely for US-Facing Online Poker Rooms
Mixed Martial Arts Takes Hit From Full Tilt Poker Shutdown
There are rumblings throughout the Mixed Martial Arts community that the shutdown of Full Tilt Poker on Friday may cause the sport to take a significant hit on sponsorship dollars.
Online Poker Indictments – Full Tilt Poker, PokerStars, UB.com – Latest News
Man Indicted in Online Poker Crackdown Pleads Not Guilty
By Jonathan Stempel
Online Poker Indictments: Hopefully History Repeats Itself
The question people are asking this Monday: Will I get my money back from PokerStars, Full Tilt Poker, UB.com following Friday's indictments?
It was early 2007 when Gambling911.com first broke the news that the two founders of online payment transfer company, NETeller, had been arrested on US soil. At the time, NETeller was the biggest facilitator of payments for online gambling websites.
Over a 24 hour period, some G911 readers reacted swiftly by withdrawing funds. It would take another 24 hours before the major mainstream news outlets confirmed the story.
