PokerStars And United States Department of Justice Makes A Deal
Black Friday is a day that will not soon be forgotten, and as time has gone on, the effects of Black Friday continue to roll out the punches to the poker sites that were affected, as well as poker players everywhere who played online and offline. The United States Department of Justice cracked down hard on online poker sites operating in the United States, and as a result, domains were seized, and funds were frozen. Not only were financial bank accounts frozen, but so were player accounts, and with them, their funds.
Since Black Friday, only PokerStars have been able to be consistent, and pay their players back. Unfortunately, the same cannot be said about Full Tilt Poker, which has been standing in quicksand the last little while, sinking slowly.
More goods news that PokerStars can share is that they have managed to work out a deal with the United States Department of Justice, and will be able to retrieve some frozen funds very soon from one of their bank accounts.
The bank account that will be released from the freeze won’t actually get a full unfreeze. $5.5 million will remain frozen in the account, and it has not been disclosed how much is actually going to be released from the account itself. Either way, it’s a step in the right direction, which is better than nothing, and a lot better than what Full Tilt Poker has been able to do.