Kahnawake GC and Isle of Man Gambling Supervision Commission issue “Black Friday” statements

Kahnawake GC and Isle of Man Gambling Supervision Commission issue “Black Friday” statements

Wednesday, 20 April 2011

The licensing authorities for Absolute Poker and PokerStars have released statements regarding last Friday's Department of Justice indictments.

The Kahnawake Gaming Commission (“KGC”) said that it "is reviewing the indictments issued on April 15, 2011 by the Southern District of New York against three online poker companies, one of which (Absolute Poker) holds its primary gaming licence in Kahnawake.

“The KGC's principal concern is that players are not adversely affected by the actions taken by US authorities. The KGC is presently engaged in discussions with its licensee concerning the status of player accounts.

“Upon completion of its review, the KGC will determine what steps may be required and will issue a further statement at that time.”

The Isle of Man Gambling Supervision Commission also released a statement with regards to PokerStars which is licensed by the Crown Dependency.

“Following developments on Friday 15th April, the Commission is aware of documentation issued by authorities in the USA which makes allegations against PokerStars and some of its personnel. While we are discussing the matter on an ongoing basis with PokerStars and watching developments, we can confirm that PokerStars’ licensing status in the Isle of Man remains unchanged.

“We are aware that PokerStars have suspended the availability of cash-play games in the USA and we are currently endeavouring to ensure that any player who wishes to withdraw money from their account can do so.”

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Tags: PokerStars, Isle of Man, Kahnawake GC