• PokerStars Returns $100 Million to U.S. Poker Players

    18 May 2011

    Newspaper

    There were 4 online poker sites named in the FBI indictment on April 15th and an agreement was reached on April 20th by two of those sites, Full Tilt Poker and PokerStars to be able to use their domains again to process U.S. poker players request for withdrawal. So far PokerStars is the only site that has publically commented on those withdrawals.

    Since the very beginning, PokerStars has had this on the FAQ page about U.S. players.

    Your account balance is completely safe. Our license in the Isle of Man requires us to keep player funds separate from the company’s operating funds.

    PokerStars has always complied with this requirement and continues to do so for all of our player deposits.

    PokerStars has obtained an approval from the US Department of Justice that will allow former US players to cash out. This publically available agreement includes assurances from the DOJ that player cashouts can be processed safely.

    The PokerStars Cashier is now available for you to cash out the funds in your real money account.

    Friday, PokerStars which was the largest U.S. facing online poker site announced it has returned over $100 million to U.S. online poker players since they reached the agreement with government prosecutors.

    Absolute Poker just recently signed the agreement and there has been no public word on if or how much U.S. players were getting from AP or from Full Tilt Poker.

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