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Mixed Results in Poker Player Refunds
Written on 5/12/11 By Recentpoker.com staff writer Anthony Aperman :
Payouts trickling through - but not from all indicted online poker firms
John Pappas, executive director of the poker advocacy group, the Poker Players Alliance (PPA) commented this week that players are reporting mixed results with regard to having money refunded from online gambling companies involved in the recent US Department of Justice action, estimating that $100 million to $500 million in funds could be involved.
In a deal struck after the crackdown, the Department of Justice permitted PokerStars and Full Tilt Poker to use its then seized domain names to facilitate the return of funds to online players with positive account balances.
While PokerStars players are understood to be receiving payouts and Full Tilt Poker is in the process of providing the same, although neither in any substantive form yet, Absolute Poker remains unresolved at this point.
The PPA concludes that it is hopeful that the less hostile Obama administration will pursue a course of licensing and regulation of online poker in the US as an estimated 10 million Americans indulge in the pastime.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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