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US players good news
Great news,US based players will get money from the DOJ and the rest of the world will get paid out within 90 days time,think pokerstars have done wonders reviving this deal after GBT pulled out,i would love to have fulltilt back along with pokerstars as their client was great to play on and it would get them best of both worlds,i hope they do as i loved FTP.It seems like i will get my £300 back afterall.
73
10 months ago
I would love to play on both these sites once again, but if we get intrastate poker then I guess it would be up to the state to allow them a license to operate? And if so will the state they apply for a license in grant it? Would the state in question be willing to let them come in, in fear of player's joining them instead of the state run site's? So many questions, guess ill just have to wait and see.
This thread has been closed for new replies since it was either first created over 3 weeks ago or the last reply was posted more than 5 days ago.
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After 15 months of speculation, frustration, and general inertia, the former online poker players of America finally heard the good news on Tuesday. A deal had been struck between the online gaming sites Full Tilt Poker, PokerStars, and the Department of Justice. Another deal between the DOJ and Absolute Poker was reported with details forthcoming. The early details are startling: PokerStars, one of the three companies shut down last April, will purchase its former competitor, Full Tilt, and pay the U.S. government $547 million to settle a civil lawsuit the government brought against Full Tilt. A portion of that money will be used to reimburse U.S.-based Full Tilt players who had their accounts frozen during the shutdown. PokerStars agreed to directly pay back another $184 million to non-U.S. customers to settle their outstanding balances.The agreement signaled the imminent return of online poker in the United States after a lengthy hiatus that damaged the poker industry with dropping television ratings, waning interest, and a litany of lawsuits against sites like Full Tilt. Nobody thinks that PokerStars would have invested $731 million without some certainty that online poker would soon be legal in the United States.
It's worth asking, though: Has poker's moment passed? Has the biggest fad in the past 25 years of gaming — one that spawned movies, TV series, clothing companies, hundreds of books, and its own pidgin language — given up the ghost?