PokerStars.com and FullTiltPoker.com Domain Names To Be Restored to Facilitate Return of U.S. Player Funds | DomainInvesting.com
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PokerStars.com and FullTiltPoker.com Domain Names To Be Restored to Facilitate Return of U.S. Player Funds

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The US government shut down several of the largest poker websites last week and seized five associated domain names, which caused considerable outrage and tumult in the US and around the world. The website operators and facilitators were indicted by Preet Bharara, United States Attorney for the Southern District of New York, and they face a variety of charges.

The US Attorney’s office issued another press release this morning (see pdf on US Attorney’s website), announcing that a deal has been struck between Bharara’s office and Poker Stars and Full Tilt  Poker to restore the PokerStars.com and FullTiltPoker.com domain names, allowing US players to withdraw funds being held by the two companies.

According to today’s press release:

“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.”

This appears to be good news for US-based poker players who were concerned about the status of their deposits. Poker players who used other websites are not yet in the clear to receive their funds, but the press release mentioned that “the Government stands to enter the same agreement with Absolute Poker if it so chooses.

Neither website appears to be operational yet, as both still have the seizure notice on them. It may take some time for the websites’ DNS to propagate, just as it took up to 2 days for the sites to show the seizure notice for some people.

Thanks to Alexander Ripps at GamblingCompliance.com for the tip.


About The Author: Elliot Silver is an Internet entrepreneur and publisher of DomainInvesting.com. Elliot is also the founder and President of Top Notch Domains, LLC, a company that has sold seven figures worth of domain names in the last five years. Please read the DomainInvesting.com Terms of Use page for additional information about the publisher, website comment policy, disclosures, and conflicts of interest.


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Comments (3)

    Elevator

    That is good if they can get their money out of their various account on the site. I hope all of the players are still alive. Good luck.

    April 20th, 2011 at 12:36 pm

    AB

    Been following this story for a while too. I find it rather ironic that Absolute hasn’t reached the same deal yet because Absolute and UB have been exposed in recent years for having superuser accounts that were able to see other players cards. These accounts have been traced to some original owners and programmers

    No one has been arrested for that yet, but after public outcry, the company admitted to the superusers and refunded loads of money. Many believe that the refunds are nowhere near what was stolen

    Google UB or Absolute scam and you’ll find some pretty interesting information

    Meanwhile, Pokerstars and FullTilt ran pretty clean shops and there is no evidence those sites were ever rigged

    April 20th, 2011 at 4:36 pm

    Scott Mathews

    These poker sites still can take non US players. Good news that they will refund all the players deposits
    http://bit.ly/gQJ3ZP

    April 21st, 2011 at 4:28 pm

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