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.
Intertops Poker and Juicy Stakes are each about to kick off a second three-stage online satellite tournament series promising to award winners with prize packages into the upcoming Velden stop of the European Poker Championship.
Intertops Poker and Juicy Stakes are each about to kick off three-stage online satellite tournament series promising to award winners with prize packages into the upcoming Velden stop of the European Poker Championship.
Fans of the Oh Hell trick-taking game will soon be able to enjoy real-money competitions online after Hell Club announced that it will be launching its new Oh Hell Stackpot innovation from Sunday.
Tuesday is the deadline for all working Americans to have submitted their income tax returns to the federal government and Juicy Stakes and Intertops Poker are set to mark this annual occasion by holding a special freeroll competition featuring a $1,000 top prize.
Intertops Poker and Juicy Stakes cASINO are giving online poker players another chance to win their way to the Caribbean.
Win your way to the Caribbean in online satellites at Intertops and Juicy Stakes.
“We run a lot of higher stakes tournaments for our more hard-core players,” said Intertops’ poker manager. “But since our network is generally pretty soft, we created this series to give less competitive players a shot at winning.”
$200 GTD ‘East of Eden’ Poker Tournament Monday night at Intertops Poker will be a freezeout tournament with no re-buys or add-ons.
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