PokerStars.com reassures players that 'funds are completely safe'

PokerStars.com reassures players that 'funds are completely safe'

Thursday, 30 June 2011

In the light of Full Tilt's suspension earlier today PokerStars.com has released a statement assuring its players that ‘their funds are completely safe' and that 'operations are completely unaffected’.

“The Isle of Man Gaming Commission today re-affirmed that PokerStars.com’s worldwide licensing is intact and that our operations are in full compliance with all of its requirements,” read the statement from PokerStars.com.


“PokerStars.com’s online operations continue as normal and all funds in players’ accounts are safe and available for withdrawal as usual with no delays. PokerStars.com also remains in full compliance with our licenses in other jurisdictions where we are regulated including France, Italy and Estonia.


“As provided under our licensing, PokerStars.com has always maintained the integrity and security of our players’ funds by keeping all such funds in segregated bank accounts always available for immediate withdrawal.
“Since the actions of US Justice Department in April, we have returned more than $120 million to US players and continue to act upon requests as they are received. Players outside the US have not been affected and all cash-outs have been processed without delays.


“Further, PokerStars.com entered into an agreement with the Justice Department that expressly confirmed the company’s ability to operate outside the US.
“We will continue to operate as a responsible corporate citizen and are committed to serving the needs of our customers in complete compliance with our regulatory requirements.”



Tags: PokerStars, Black Friday