Wednesday, 11 May 2011
Absolute Poker and UB.com's American players could be one step closer to getting their money back after the sites reached an agreement with the Department of Justice.
The deal with the US Attorney's Office means that third parties may work with the sites to facilitate the return of funds to US players which are currently held by third party processors. It's not all good news for players though as a statement released last night confirmed that the sites 'still faces several legal issues which must be navigated before funds can be paid out to US players,' the upshot being that player funds, 'will not become immediately available for withdrawal as a result of today’s agreement with the DOJ.'A spokesman from Blanca Games, parent company of Absolute Poker and UB.com said, “Today’s signing of the agreement with the DOJ is an important step towards the safe and efficient return of funds to our US players. We can now move as expeditiously as possible to collect player monies from third party processors as a prelude to establishing proper mechanisms for the return of funds to our US players. As previously announced, we have already taken specific actions to exit the US market by closing our US-facing operations. Blank Rome LLP will continue to engage in discussions with the SDNY in order to complete the necessary agreements for the final transfer of frozen fund balances to our US players. This remains our highest priority. We will continue to update our players and the poker community, as we move forward to resolve outstanding issues.” Keep up to date with all the news from the poker world by following us on Twitter and Facebook.
Christmas is just around the corner and Juicy Stakes and Intertops Poker are getting into the holiday spirit by offering online poker players the chance to double one re-load deposit up to $100.
Juicy Stakes has announced the launch of a series of daily freeroll online poker tournaments that will award players with spots into special weekly games featuring prize pools of up to $300.
Four online poker players that won prize packages into the $2,400 main event of the PPC Aruba World Championship 2016 courtesy of Intertops Poker and Juicy Stakes are on their way to the Caribbean this weekend and will be joined by vlogger ‘TheTrooper97’.
Americas Cardroom has released its fifth and final sponsored video chronicling the action from the Punta Cana Poker Classic 2016, which ended on Sunday with Latvian player Eduards Kudrjavcevs taking the main event title and its $143,675 first-place prize.
Intertops Poker and Juicy Stakes.
Win $300 prize pool tournament seats.
Juicy Stakes and Intertops Poker.
Americas Cardroom releases final video.
Poker’s unassuming killer steps back into the limelight.
Meet one of UK poker's rising stars.
We talk to WSOP bracelet winner.
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Just keep smiling...
By Adam Slutsky
Pushing the envelope for a new poker generation.
Jeff KImber on fish.
So says Dara O'Kearney.
Dara O'Kearney looks at game thoery.
Dara O'K on bounty tournaments.
Rob Yong calls for competition.
A critical eye on the poker world.
Nick Wealthall on unconscious decision making.
Structure changes don't suit recreationals.
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