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Financial Times of London Warning Regarding Full Tilt, PokerStars: There is no Hiding

Written by:
C Costigan
Published on:
Apr/17/2011
Full Tilt, PokerStars:

While many customers of PokerStars and Full Tilt Poker living outside the United States breathed a collective sigh of relief after learning they could still deposit and withdraw funds, the Financial Times of London brought up a very distinct possibility, none of these companies may be safe operating in other jurisdictions, not even those where online gambling is legal. 

A crackdown occurred on three of the biggest Internet poker rooms still accepting US players, including Full Tilt, PokerStars and UB.com, the later of which maintains a nominal share of the European market.  US law enforcement shut down all associated US-based domain extensions, forcing the three to establish .EU extensions.

From the Financial Times

With US prosecutors seeking assistance from law enforcement agencies abroad to arrest some of the defendants and seize proceeds located outside the US, industry experts began questioning over the weekend whether there was a future for these companies in other jurisdictions.

Gambling911.com will be presenting all the latest headlines related to any further developments in this story around the clock on our Twitter page here.  Gambling911.com has been covering the industry, its pros and cons since September 2000.  In 2009, Gambling911.com parent company, Costigan Media, won a court case granting it the right to review documents associated with the investigation into Full Tilt Poker and PokerStars. 

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