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orangepeeleo
Cardschat Elite
Silver Level
silverfox432
Rock Star
Silver Level
READ THIS!! Press release from DOJ below
http://www.justice.gov/usao/nys/pres...reementspr.pdf
http://www.justice.gov/usao/nys/pres...reementspr.pdf
http://www.justice.gov/usao/nys/pres...reementspr.pdf
http://www.justice.gov/usao/nys/pres...reementspr.pdf
Third paragraph, 2nd sentence basically says were getting our money back!
Under the terms of the agreements with pokerstars and
full tilt poker, the companies agreed that they would not allow
for, facilitate, or provide the ability for players located in
the United States to engage in playing online poker for "real
money" or any other thing of value. The agreements allow for
PokerStars and Full Tilt Poker to use the pokerstars.com and
fulltiltpoker.com domain names to facilitate the withdrawal of
U.S. players’ funds held in account with the companies. The
deposit of funds by U.S. players is expressly prohibited. In
addition, the agreements do not prohibit, and, in fact, expressly
allow for, PokerStars and Full Tilt Poker to provide for, and
facilitate, players outside of the United States to engage in
playing online poker for real money. The agreements also require
the appointment of an independent Monitor to verify PokerStars’
and Full Tilt Poker’s compliance with the agreements. The
Government stands to enter the same agreement with Absolute Poker
if it so chooses.
http://www.justice.gov/usao/nys/pres...reementspr.pdf
http://www.justice.gov/usao/nys/pres...reementspr.pdf
http://www.justice.gov/usao/nys/pres...reementspr.pdf
http://www.justice.gov/usao/nys/pres...reementspr.pdf
Third paragraph, 2nd sentence basically says were getting our money back!
Under the terms of the agreements with pokerstars and
full tilt poker, the companies agreed that they would not allow
for, facilitate, or provide the ability for players located in
the United States to engage in playing online poker for "real
money" or any other thing of value. The agreements allow for
PokerStars and Full Tilt Poker to use the pokerstars.com and
fulltiltpoker.com domain names to facilitate the withdrawal of
U.S. players’ funds held in account with the companies. The
deposit of funds by U.S. players is expressly prohibited. In
addition, the agreements do not prohibit, and, in fact, expressly
allow for, PokerStars and Full Tilt Poker to provide for, and
facilitate, players outside of the United States to engage in
playing online poker for real money. The agreements also require
the appointment of an independent Monitor to verify PokerStars’
and Full Tilt Poker’s compliance with the agreements. The
Government stands to enter the same agreement with Absolute Poker
if it so chooses.
Pascal-lf
Legend
Silver Level
Some good news
https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=1pJJZzHEWVZ92IPw_0GsMu0LJC-635TdShmF9IfgG-He72eUTkcZWm5kHw3H4&hl=en&pli=1
Under the terms of the agreements with PokerStars and
Full Tilt Poker, the companies agreed that they would not allow
for, facilitate, or provide the ability for players located in
the United States to engage in playing online poker for "real money" or any other thing of value. The agreements allow for
PokerStars and Full Tilt Poker to use the pokerstars.com and
fulltiltpoker.com domain names to facilitate the withdrawal of
U.S. players’ funds held in account with the companies. The
deposit of funds by U.S. players is expressly prohibited. In
addition, the agreements do not prohibit, and, in fact, expressly
allow for, PokerStars and Full Tilt Poker to provide for, and
facilitate, players outside of the United States to engage in
playing online poker for real money. The agreements also require
the appointment of an independent Monitor to verify PokerStars’
and Full Tilt Poker’s compliance with the agreements. The
Government stands to enter the same agreement with Absolute Poker
if it so chooses.
And to those worried that their accounts my have been seized:
In addition, a
restraining order was issued against multiple bank accounts
utilized by the Poker Companies and their payment processors.
The Government did not restrain any players’ accounts.
https://docs.google.com/viewer?a=v&pid=explorer&chrome=true&srcid=1pJJZzHEWVZ92IPw_0GsMu0LJC-635TdShmF9IfgG-He72eUTkcZWm5kHw3H4&hl=en&pli=1
Under the terms of the agreements with PokerStars and
Full Tilt Poker, the companies agreed that they would not allow
for, facilitate, or provide the ability for players located in
the United States to engage in playing online poker for "real money" or any other thing of value. The agreements allow for
PokerStars and Full Tilt Poker to use the pokerstars.com and
fulltiltpoker.com domain names to facilitate the withdrawal of
U.S. players’ funds held in account with the companies. The
deposit of funds by U.S. players is expressly prohibited. In
addition, the agreements do not prohibit, and, in fact, expressly
allow for, PokerStars and Full Tilt Poker to provide for, and
facilitate, players outside of the United States to engage in
playing online poker for real money. The agreements also require
the appointment of an independent Monitor to verify PokerStars’
and Full Tilt Poker’s compliance with the agreements. The
Government stands to enter the same agreement with Absolute Poker
if it so chooses.
And to those worried that their accounts my have been seized:
In addition, a
restraining order was issued against multiple bank accounts
utilized by the Poker Companies and their payment processors.
The Government did not restrain any players’ accounts.
Dorkus Malorkus
HELLO INTERNET
Silver Level
http://www.justice.gov/usao/nys/pressreleases/April11/pokerdomainnameuseagreementspr.pdf
cliff notes: ps and ft will be returning us players funds, ub/ap unsurprisingly not mentioned.
e: wow beaten so hard
cliff notes: ps and ft will be returning us players funds, ub/ap unsurprisingly not mentioned.
e: wow beaten so hard
Dorkus Malorkus
HELLO INTERNET
Silver Level
Yeah but your cliffnotes were wrong - UB/Absolute Poker were mentioned, the same offer is available to them.
SO THERE
"The Government stands to enter the same agreement with Absolute Poker if it so chooses." really doesn't mean anything though.
Pascal-lf
Legend
Silver Level
It means AP has the option of getting it's domain back, and if it does accept then the fact there will be someone watching over all withdrawls would make it more than likely everyone will get their money back fine
Charade You Are
you can call me Frost
Silver Level
Those links didn't work for me. Try this one:
http://www.justice.gov/usao/nys/pressreleases/April11/pokerdomainnameuseagreementspr.pdf
nm dorkus beat me to it.
http://www.justice.gov/usao/nys/pressreleases/April11/pokerdomainnameuseagreementspr.pdf
nm dorkus beat me to it.
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Dorkus Malorkus
HELLO INTERNET
Silver Level
It means Absolute Poker has the option of getting it's domain back, and if it does accept then the fact there will be someone watching over all withdrawls would make it more than likely everyone will get their money back fine
Hmm.
I read the "it" in "if it so so chooses" as referring to the government, not AP. That sentence is really poorly phrased.
Dorkus Malorkus
HELLO INTERNET
Silver Level
Withdrawals for Americans are apparently working on Stars now, not yet on FT.
Note for clarity: You still can't play on Stars/FT and won't be able to for the foreseeable future, but you can access the client and withdraw on Stars and most likely imminently on FT.
Note for clarity: You still can't play on Stars/FT and won't be able to for the foreseeable future, but you can access the client and withdraw on Stars and most likely imminently on FT.
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BelgoSuisse
Legend
Silver Level
Accounts were not frozen (no way that would be possible for DoJ). Money in transit at payment processors was. So if you were waiting for a cashout, that money is still in limbo according to FTP. If all your money was in your account with no cashout pending, then you're fine.
BelgoSuisse
Legend
Silver Level
Most likely DoJ won't easily release the money seized at paiement processors, so the rooms will most likely need to foot the bill themselves for the pending cashouts in limbo at least at first. My prediction: PS will do it asap and FTP will wait a little more. AP owners probably still considering whether they should run away with the money and follow suit.
seanDCFC
Visionary
Silver Level
So I see we are able to cash out. Got this pop-up when I submitted my request. LOL
Dont do it!!! You will lose your bonuses
Dorkus Malorkus
HELLO INTERNET
Silver Level
reportedly they're still blocked, not surprising tbh.
alaskabill
Legend
Silver Level
Kudos to Stars and FT for doing the right thing and working with the enemy to get US players their money back.
On the other hand, I'm shocked...shocked, I tell you, that UB hasn't seen fit to participate in this right away.
I'm really going to miss playing on pokerstars.
FWIW, I left a token 20 bucks on the site. If they ever comeback I'm rolled.
and if they don't, consider it a tip to the dealer for outstanding service.
On the other hand, I'm shocked...shocked, I tell you, that UB hasn't seen fit to participate in this right away.
I'm really going to miss playing on pokerstars.
FWIW, I left a token 20 bucks on the site. If they ever comeback I'm rolled.
and if they don't, consider it a tip to the dealer for outstanding service.
dj11
Legend
Silver Level
I'm Jonesing, obviously, but with some clearer thinking (clearer compared to Friday night or Saturday anyway), recent events have got me wondering;
If we assume the simple, that this is a power play purely by the DOJ, then the DOJ is seemingly walking on eggshells. This recent development (sites able to return funds) is meant to soften the poker public outrage over the whole event scene. The legal ground the DOJ is treading on is undefined, and only a few untested laws (UEGIA, Wire Act) , are involved. Perhaps someone somewhere wants/needs clarity.
If we assume the more complicated scenario, that the US wants some revenue, then is it not sane to think these steps are somewhat orchestrated to refine and define the legal status via the courts, and that this was/is a draconian way to accomplish what must surely be the ultimate outcome, which has online poker being perfectly legal in all respects, and the US government or State governments taking a piece of the rake.
Or if we assume the conspiracy scenario, where there are pressures (moralists + BM casinos, and other revenue hungry zealots) to 'get online poker/gambling under control'. These folks also want their share, or no one will get to play.
But since the entire act of allowing the return of funds means the DOJ is turning a blind eye towards the law (because the money will have to flow in some way the UEGIA disallows), have they not almost destroyed their own case? If they (DOJ) allow the sites (Big 3) to write checks and distribute them on their own checks (check from Stars or Tilt) are they not flaunting the law, or is this all that was ever necessary? Same for wire xfers (old tech speak for transfers).
Something fishy is going on, and this time it is not this fish.......
While I appreciated the new (today 4-20) development, I've got to question ..."What the **** is really going on here?"
Apparently only 27K players are deeply involved, and by that it seems that there were maybe 27K players who had checks in the mail at the time. While millions of players are actually involved, those who were pending had money in transit to the processors or from the processors, and that money will probably be delayed.
It is early out west, and I haven't had my 3rd cup yet, some my thinking may be diminished some.
If we assume the simple, that this is a power play purely by the DOJ, then the DOJ is seemingly walking on eggshells. This recent development (sites able to return funds) is meant to soften the poker public outrage over the whole event scene. The legal ground the DOJ is treading on is undefined, and only a few untested laws (UEGIA, Wire Act) , are involved. Perhaps someone somewhere wants/needs clarity.
If we assume the more complicated scenario, that the US wants some revenue, then is it not sane to think these steps are somewhat orchestrated to refine and define the legal status via the courts, and that this was/is a draconian way to accomplish what must surely be the ultimate outcome, which has online poker being perfectly legal in all respects, and the US government or State governments taking a piece of the rake.
Or if we assume the conspiracy scenario, where there are pressures (moralists + BM casinos, and other revenue hungry zealots) to 'get online poker/gambling under control'. These folks also want their share, or no one will get to play.
But since the entire act of allowing the return of funds means the DOJ is turning a blind eye towards the law (because the money will have to flow in some way the UEGIA disallows), have they not almost destroyed their own case? If they (DOJ) allow the sites (Big 3) to write checks and distribute them on their own checks (check from Stars or Tilt) are they not flaunting the law, or is this all that was ever necessary? Same for wire xfers (old tech speak for transfers).
Something fishy is going on, and this time it is not this fish.......
While I appreciated the new (today 4-20) development, I've got to question ..."What the **** is really going on here?"
Apparently only 27K players are deeply involved, and by that it seems that there were maybe 27K players who had checks in the mail at the time. While millions of players are actually involved, those who were pending had money in transit to the processors or from the processors, and that money will probably be delayed.
It is early out west, and I haven't had my 3rd cup yet, some my thinking may be diminished some.