Open Side Menu Go to the Top
Register
Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling

04-15-2011 , 11:36 PM
Quote:
Originally Posted by walkmyline
where can i find a link to this? Is this legit?
Its legit:

http://www.fulltiltpoker.com/officia...er-withdrawals
04-15-2011 , 11:36 PM
Last time I cashed out via wire xfer it was from a bank oversees. Even these overseas banks are being targeted by the DOJ?
04-15-2011 , 11:37 PM
ON THE BRIGHT SIDE: only 25 min away from being able to knock out the 9th day of my Take2 promotion.

Looking forward to finally not losing my bonus monies at the tables.
04-15-2011 , 11:37 PM
Quote:
Originally Posted by diskoteque
Is it even possible to cancel bank transfers after they have been approved by FT? I did it earlier this afternoon and don't see an option to cancel even if I wanted to.
I'm looking for the same info. Was yours approved?
04-15-2011 , 11:37 PM
Quote:
Originally Posted by HensonLosesLots
I don't understand why so many are panicking about their money on the site. Withdrawing is more shady cause it maybe going through one of the payment processors that were 'frozen' by the US Gov't according to the statements.

I find it highly unlikely that the US can take any money off your personal account. The site is liable to keep your money safe. Once it's withdrawn, it's off their plate and on some foreign bank which is being seized by the US...
This is probably right... sadly.. but there is value in trying to squeeze something through and avoid a potential extended freeze on getting it.
04-15-2011 , 11:37 PM
Quote:
Originally Posted by CammyCash
Sounds good, but I'm quite sure you will see a lot of gurantees restructured over the next couple weeks.
Pretty sure that would defeat the purpose of there being guarantee's in the fist place.
04-15-2011 , 11:38 PM
Quote:
Originally Posted by OMG_LadyGaga
yes it is. I withdrew 3.5k from UB, 900 from FTP, and 1250 from stars via bank transfer and they all have an option to cancel the transaction as it is "pending" approval
Tried to cancel stars cashout but it says you cant cancel while it is pending.
04-15-2011 , 11:38 PM
Quote:
Originally Posted by cuffs214
Headed to vegas this week. Think the Aria will start a 10-25cent game for all us micro players lol
yea, but @ 15% rake.
04-15-2011 , 11:38 PM
Hey guys i just opened my client up to start grinding, whats happening?
04-15-2011 , 11:38 PM
CLIFFS?
04-15-2011 , 11:39 PM
Reuters: Full Tilt Poker, Pokerstars and Absolute Poker charged with illegal gambling
04-15-2011 , 11:39 PM
Quote:
Originally Posted by clutchbeastmaster
CLIFFS?
read the cot damn stickies
04-15-2011 , 11:39 PM
Even if it all ends well, do you guys think these sites can bounce back? I mean, it's a pretty bad picture for anyone who was thinking of playing, even old players might think twice before depositing again on PS of FT... There is no happy ending in this story
04-15-2011 , 11:40 PM
cliffs: you are going to have to rejoin society
04-15-2011 , 11:40 PM
Life is but a game, and the governments makes the rules

04-15-2011 , 11:40 PM
*waits for influx of Americans to hit the Australian shores*
04-15-2011 , 11:40 PM
Full Tilt Poker Bans USA Players
By Dan Cypra - Apr 15th, 2011

The day just keeps getting worse for online poker players in the United States. Full Tilt Poker announced via a press release obtained by Poker News Daily that it will no longer accept real money action from U.S. players.

The statement from Full Tilt read in part, “Unfortunately, as a result of this action, Full Tilt Poker has decided that it must suspend real money play in the United States until this case is resolved. However, Full Tilt Poker will continue to provide peer-to-peer online poker services outside of the United States.”

This afternoon’s indictment from the U.S. Department of Justice names Ray Bitar and Nelson Burtnick of Full Tilt Poker, with the former commenting in the site’s press statement, “I am surprised and disappointed by the government’s decision to bring these charges. I look forward to Mr. Burtnick’s and my exoneration.”

According to the charges levied by the U.S. Government, Bitar, Burtnick, and nine other defendants “arranged for the money received from U.S. gamblers to be disguised as payments to hundreds of non-existent online merchants purporting to sell merchandise such as jewelry and golf balls. Of the billions of dollars in payment transactions that the Poker Companies tricked U.S. banks into processing, approximately one-third or more of the funds went directly to the Poker Companies as revenue through the rake charged to players on almost every poker hand played online.”

In an article posted on PocketFives.com, players were irate at the news that the two largest online poker sites in the industry – PokerStars and Full Tilt – had vacated the real money market in the United States. One member wrote, “Man I’m pissed and I only play for some fun and a little extra income, I feel for you guys (and girls) who grind for a living and don’t know wtf is happening and trying to figure what you’re going to do next.”

One of the only Full Tilt Poker pros speaking out on Friday was Tom “durrrr” Dwan, who tried to put readers’ minds at ease if they were concerned about cashing out from either of the two former USA giants. Dwan posted on Twitter, “I wouldn’t be worried about getting paid. Might take a little time. Good luck if ur not on FTP/PS.”

To that end, a statement posted on Full Tilt’s website assured customers that cashouts were proceeding as normal: “All players who were affected by the current situation have had their funds returned to their accounts and all new withdrawal requests are processing normally. We assure all players on Full Tilt Poker that your online playing experience will not change and that you will be able to both deposit and withdraw funds as needed. Your money remains safe, secure, and accessible at all times.”

http://www.pokernewsdaily.com/full-t...players-18786/
04-15-2011 , 11:40 PM
lol government
04-15-2011 , 11:41 PM
As you may have heard, PokerStars has had to suspend real money poker services to people based in the US due to legal developments there. These developments are confined to the US and do not have any impact on the ability of players outside the US to continue using PokerStars services.

Please be assured player balances are safe. There is no cause for concern about loss of funds in your PokerStars account. For all customers outside the US it is business as usual.

The PokerStars website has been moved to www.pokerstars.eu, and the PokerStars Support email address is now support@pokerstars.eu. PokerStars apologises to all players for any inconvenience caused by this disruption.

Please be aware that PokerStars Support is currently experiencing a very high volume of emails, so response times are delayed. Player emails will be answered as quickly as possible.

It is understood that many players, especially those from the US, may have additional questions or concerns about these changes, account status, and cashouts. The information above is all the information available at this time. PokerStars management and legal team continues to review the situation and will provide additional information it becomes available.

As there is no additional information available to pass on, I will not be answering follow-up questions at this time. Thank you for your patience and understanding in this matter.
04-15-2011 , 11:41 PM
THANKS STEVE !
04-15-2011 , 11:41 PM
Do echecks use payment processors? Sorry for the dumb question but I'm trying to figure out whether I should withdraw from stars or not (from the US).
04-15-2011 , 11:41 PM
Quote:
Originally Posted by OMG_LadyGaga
yes it is. I withdrew 3.5k from UB, 900 from FTP, and 1250 from stars via bank transfer and they all have an option to cancel the transaction as it is "pending" approval
I don't see this option. Anyone else With the same issue?
04-15-2011 , 11:41 PM
Live players get a boost from this? I hope so.
04-15-2011 , 11:41 PM
MORE GOOD NEWS: With all this free time I'm going to crush final exams
04-15-2011 , 11:42 PM
Lol must be nice Termiraker. All of us from the U.S. wants to see pictures of our government leaders right now.

      
m