..

Is Full Tilt Poker Being Asked to Break the Law Again?

Written by:
Ace King
Published on:
Apr/20/2011
Full Tilt Poker

Innocent until proven guilty but the US Government is alleging Full Tilt Poker broke the law by allowing online poker money transactions to occur to and from US citizens.  Now the US Attorney in the Southern District of New York, which prosecuted the case against Full Tilt, is asking them to do the same.  For now, Full Tilt is not biting.

The banks aren’t supposed to allow these transactions based on the Unlawful Internet Gaming Enforcement Act (UIGEA).  The only way they might do so is if Full Tilt Poker miscoded them.  That, of course, is deemed against the law.

As such, Full Tilt Poker has said that the opportunity to get its domain name back to facilitate payments to players is “a good first step”, but more is needed before they can go ahead with such plans.

Full Tilt Poker, PokerStars and UB.com were indicted on Friday, alleged to have violated the UIGEA.

Manhattan U.S. Attorney PREET BHARARA said: "On April 15th, this Office and the FBI took specific legal action against 11 individuals who allegedly engaged not merely in the operation of illegal gambling businesses, but in massive wire fraud, bank fraud, and money laundering, despite repeated warnings and clear notice that their conduct was illegal in the United States. 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. 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."

- Ace King, Gambling911.com

 

Follow breaking headlines around the clock at Gambling911.com Twitter Here

Gambling News

Red Gatorade Bath 2020 Super Bowl Could be Favorite for First Time

Red Gatorade Bath 2020 Super Bowl Could be Favorite for First Time

BetOnline is set to post odds on the color of the Gatorade Bath at Super Bowl 54 (2020).

BetOnline News: Where is the Action at: NFL Conference Championship Games

Effective October 1, 2019, Gambling911.com is proud to present all the latest news pertaining to one of our long time partner sites BetOnline.

Where Can I Watch, Bet the McGregor vs Cowboy Fight UFC 246 From Bakersfield

Betting on UFC 246 Conor McGregor vs. Donald 'Cowboy' Cerrone is available from Bakersfield via Jazz Sports (in business since 1996). 

Man Convicted After Gambling Away Money Stolen From Armored Truck

Man Convicted After Gambling Away Money Stolen From Armored Truck

HELENA, Mont. (AP) — A Helena man has been convicted of taking $390,000 that was stolen from an armored truck and spending it on gambling, day trading, and travel.

Gamblers Bet $1.5 Billion on Sports in Pennsylvania Last Year

Gamblers Bet $1.5 Billion on Sports in Pennsylvania Last Year

Pennsylvania's commercial casinos reached a new high in revenue last year, a record boosted by an aggressive new expansion of gambling authorized in 2017.

Syndicate