POKERSTARS SETTLES w/ DOJ... ACQUIRES ASSETS OF FULL TILT

#1
PokerStars, the world?s biggest online poker company, has agreed to pay $547 million to settle the U.S. government?s civil charges that the company used fraudulent methods to process payments and evade U.S. restrictions on Internet gambling.Under the agreement, PokerStars, based in the Isle of Man, will also purchase Full Tilt Poker, a formal rival which collapsed following the U.S. government?s move in April 2011 to shut down the U.S. operations of the major online poker operators.


http://www.forbes.com/sites/nathanv...s-government-charges-and-buy-full-tilt-poker/
 

eberetta1

EOG Addicted
#5
Re: POKERSTARS SETTLES w/ DOJ... ACQUIRES ASSETS OF FULL TILT

I doubt DOJ will stick to a 90 day payout time-table as they are requiring of Pokerstars. Might be another 15 months to get paid now, for U.S. players.
 

KKoz9

EOG Senior Member
#6
Re: POKERSTARS SETTLES w/ DOJ... ACQUIRES ASSETS OF FULL TILT

Are funds gonna be reimbursed 100% or pennies on the dollar?
 

Bagiant

EOG Dedicated
#7
Re: POKERSTARS SETTLES w/ DOJ... ACQUIRES ASSETS OF FULL TILT

Should be 100% if stars is in charge. I got my money from them in no time. FT is the one who sucked! Have $200 coming from them!
 
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