Poker Stars & Full Tilt Shut Down in USA

POSTED BY:
PaysafeDeposit.com

DATE:
04/17/2011

RELATED LINKS:
Poker Stars [read review]
Full Tilt Poker [read review]

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Bad news for US poker players! The Poker Stars [read review] , Full Tilt Poker [read review] ,UB and Absolute Poker websites went offline in the United States as Federal authorities unsealed an indictment against their founders. Eleven defendents are being charged with bank fraud, money laundering, and illegal gambling according to authorities in New York.

Read the US Department of Justice indictment here:
http://www.justice.gov/usao/nys/pressreleases/April11/scheinbergetalindictmentpr.pdf


The Poker software at all 4 of these online rooms is still online and running normally outside of the United States. Also some US players can log into their accounts to withdraw their funds. Still, ramifications are already showing. Poker Stars and Full Tilt Poker traffic is down 1/3 and Absolute/UB traffic has been cut in half.

In the weeks following these developments calls for an end to the federal crackdown on online poker have been getting louder. The Poker Players Alliance, a Washington DC-based lobbying group, raised more money in the 72 hours following the indictment than they have in their history. Also, several of the big casinos in Las Vegas, who were once some of online poker's most powerful enemies, have started to change their tune and are now calling for federal regulation of the game.

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