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Wednesday
Apr202011

Two Shutdown Poker Sites to Return Poker Players' Money

Comstock Images/Thinkstock(NEW YORK) -- Two of the three online poker sites shut down by the government last week have cut a deal to return players' money, the Justice Department in New York said Wednesday.

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 accounts with the companies, according to the statement.

"No individual player accounts were ever frozen or restrained, and each implicated poker company has at all times been free to reimburse any player's deposited funds," Manhattan U.S. Attorney Preet Bharra said in a statement. "In fact, this office expects the companies to return the money that U.S. players entrusted to them, and we will work with the poker companies to facilitate the return of funds to players, as today's agreements with PokerStars and Full Tilt Poker demonstrate."

While only two of the three companies were named in the announcement, the U.S. Attorney's office said that "the government stands to enter the same agreement with Absolute Poker if it so chooses."

Under the deal, PokerStars and Full Tilt Poker 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."

Last week, the Justice Department filed a complaint for money laundering, fraud, and violating the 2006 Unlawful Internet Gambling Enforcement Act against 11 individuals who run PokerStars, Full Tilt Poker and Absolute Poker.

Copyright 2011 ABC News Radio

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