It took 495 days, but fulltiltpoker is now open. The disclaimer to that statement is that US residents (and those from Spain, France, Belgium, Italy and Denmark) cannot access the site for real money. Even worse for US players is that you’re still waiting to recover your balance with no clear end in site. If…
Continue Reading »
PokerStars has announced details of how they plan to repay the $180 million owed to Full Tilt account holders. It has been nearly 17 months since Black Friday and the downfall of Full Tilt poker. In the months after Black Friday details of Full Tilt’s finances became public and many poker players never thought they’d…
Continue Reading »
Nelson Burtnick, former director of payment processing at Full Tilt Poker pleaded guilty in Manhattan federal court on Wednesday to conspiracy and two counts of accepting funds in connection with unlawful Internet gambling. He faces up to five years in prison on each charge. Prior being director at Full Tilt, Burtnick headed the payment processing…
Continue Reading »
PokerStars, the world’s largest online poker room has struck a deal with the U.S. DOJ to buy Full Tilt and settle the civil case against them. The deal is for a staggering $731 million dollars, and goes to show how profitable and well run PokerStars is to hand over such a large sum of cash….
Continue Reading »
Just as poker players hopes of a deal between Full Tilt and the Bernard Tapie Groupe are dashed, news of another potential suitor, PokerStars, catches the poker industry by surprise. The rumoros started with a post on the popular poker forum 2+2 earlier today that has recieved over 300,000 views and 1800 posts. There was…
Continue Reading »
Pokerstars was indicted by the US government on April 15th, 2025 and since that date US residents have not been able to play at Poker Stars. After the indictment and losing their domain pokerstars, PokerStars reached an agreement with the US Department of Justice that would allow provide them with their domain back, however they…
Continue Reading »
Bradley Franzen, 41, of Chicago pleaded guilty on Monday to conspiracy charges admitting that he helped online poker companies such as PokerStars process millions of dollars in transactions. So far only 3 of the 11 individuals charged in the indictments have been brought to court and Franzen is the first to enter a guilty plea….
Continue Reading »
In what appears to be an effort to distance themselves from rivals Full Tilt and Absolute Poker/Ultimate Bet who were also indicted by the US DOJ over one month ago, PokerStars has issued a statement. The following statement is clearly a message to international players that all is well and PokerStars is going no where….
Continue Reading »
By now everyone who remotely follows the online poker industry knows about Black Friday, April 15th, the day that Pokerstars, Full Tilt Poker and the Cereus Network were indicted by the US DOJ. When the indictment was unsealed many thought it was the end for the largest US poker rooms, but after 3 weeks some…
Continue Reading »
Pokerstars players from the US have now reported that payments are hitting their bank accounts. It has been almost two weeks since the world’s largest poker site was indicted by the US DOJ on Friday April 15th. So far only 4 of those indicted, all payment processors, are in custody. Non of the Poker company…
Continue Reading »