May 16th, 2011 by Maria T
It was announced on Tuesday that the beleaguered online poker sites, Absolute Poker and UB.com have managed to reach an agreement with the US Department of Justice in order to allow the return of funds to American players who have their money stuck in their accounts.
Since April 15th, Black Friday, players who were real money [...]
May 10th, 2011 by Maria T
Despite the current turmoil that the US gambling industry finds itself, one company is going ahead with business-as-usual, continuing to invest in the US land betting industry. William Hill, the Gibraltar based UK betting group announced that it was buying its third US company in as many months, and will be paying $14.25 million for [...]
May 10th, 2011 by RogerCP
The latest news coming from the world of internet gambling is that Absolute Poker and Ultimate Bet are filing for bankruptcy as a direct result of the April 15th crackdown by the FBI. MSNBC.com, as well as a number of other media outlets, reported that 300 employees of the sites in Costa Rica were laid [...]
May 10th, 2011 by RogerCP
A statement issued by the Association of Gaming Equipment Manufacturers, which includes industry giants such as Shuffle Master, said that it is premature to declare an end to the US online poker industry. According to the statement, “a funeral procession today would be premature as federal lawmakers may more immediately take up the issue as [...]
May 10th, 2011 by Renee K
What happens when the very source of your livelihood gets taken away from you literally overnight? For thousands of online poker players in the United States who make a living out of the game, this is a very real problem and one that doesn’t seem to have an easy solution. While some poker players turned [...]
May 2nd, 2011 by Matt W
According to card rooms in the San Francisco Bay Area, there has been a huge rise in the number of players descending on these establishments in the past few weeks, most likely caused by the crackdown by the federal government on internet poker rooms Full Tilt Poker, Absolute Poker and Poker Stars.
There are an [...]
May 2nd, 2011 by Renee K
It’s been two weeks since the US Department of Justice decided to begin the slow strangulation of the US online poker industry and the effects are now being felt at the top sites such as Poker Stars and Full Tilt. The number of poker players has dropped significantly and the guaranteed prize pools are [...]
May 2nd, 2011 by Matt W
The Poker Players Alliance has moved into fully activity mode and is pushing its members to lobby their representatives to protest Black Friday and change the current legislation governing online poker in the United States.
Following the April 15th indictments against top online poker sites in the US, the PPA was flooded with requests [...]
