Full Tilt Poker, PokerStars, UB.com Given Extension by US Attorney

Written by :

Nagesh Rath

Published on :

23 March, 2012

The US Attorney for the Southern District of New York has given online poker sites Full Tilt Poker, PokerStars and UB.com an extension deadline of May 14, 2012 in which to respond to an amended civil complaint.

The US Attorney’s office indicted principals of the three companies on April 15, 2011, charging them with money laundering and bank fraud. Several bank accounts affiliated with the three firms were froze.

The September 21, 2011 amended complaint also names poker pros Chris Ferguson, Howard Lederer and Rafe Furst for their role as facilitators of Full Tilt Poker. The three individuals are accused by the US Government of orchestrating an elaborate ponzi scheme.

Numerous extensions have already been granted in connection with this case.

Both Full Tilt Poker and UB.com still owe millions of dollars to players. PokerStars paid all of its US players within a month of the April 15 indictment.

- Nagesh Rath, Gambling911.com

Maryland Man Under 24-Hour Home Confinement After Threatening PrizePicks Execs Over $50

"if my $50 doesn’t end up back in my bank account before 5pm today, I’m going to drive down to Atlanta, Georgia and kill everyone in the PrizePicks office,” Aaron John Sasser wrote

William Hill UK Owner Evoke Weighs $304 Million Takeover Bid From Bally's Intralot

Betting group Evoke (EVOK.L), opens new tab, owner of William Hill UK and 888, is evaluating a takeover proposal from Greek lottery and gaming firm Bally's Intralot (BYLOTr.AT), it said on Monday, valuing the debt-laden UK company at 225.3 million pounds ($303.88 million).

Fanduel Begins Offering Injury Protection Insurance

FanDuel becomes first book to offer the full game injury insurance but some experts in the field suggest it is predatory.

Sacramento Casino Pays Gambler $142,327 on a $5 Side Bet

German Rangel won the life-changing jackpot while playing Bonus Spin Xtreme Triple Diamond Progressive near the end of his visit to the Elk Grove casino on April 11, the casino said in a Friday news release.