Online Poker Indictments: Hopefully History Repeats Itself

Written by:
Published on:

The question people are asking this Monday:  Will I get my money back from PokerStars, Full Tilt Poker, UB.com following Friday's indictments? 

It was early 2007 when Gambling911.com first broke the news that the two founders of online payment transfer company, NETeller, had been arrested on US soil.  At the time, NETeller was the biggest facilitator of payments for online gambling websites. 

Over a 24 hour period, some G911 readers reacted swiftly by withdrawing funds.  It would take another 24 hours before the major mainstream news outlets confirmed the story.

Ultimately, NETeller was shut off to US customers by the Justice Department.  Some lucky readers managed to get their funds out within that 24 hour window.  Others had to wait...and wait....and wait.

But for those countless number of poker players affected by this past Friday’s closure of PokerStars, Full Tilt and UB.com, past history suggests there is reason to be optimistic.

Following the NETeller arrests and subsequent settlement agreement, customers were ultimately paid within a period of nine months.  Those were trying times, but the US Justice Department did ensure everyone got paid.

On a sour note, BetOnSports (indicted in 2006) customers were not so lucky.  BOS company funds, however, were not seized as they were this past Friday.

We will still have to wait and see how this situation transpires. 

- Gambling911.com Staff


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

Gambling News

This Data Shows Who America is Rooting for in the Stanley Cup Playoffs

According to a social media survey, most of America is rooting for the New York Islanders among the four teams remaining in the Stanley Cup Playoffs.

Adesanya vs. Whittaker Betting Odds

Adesanya vs. Whittaker odds and Edwards, Figueiredo, Moreno and Vettori Next Opponents

Following an epic UFC 263, fans and media are peaking into the crystal ball to project who some of the event's stars will fight next.

Betting Golf’s US Open at America’s Bookie

One of the best ways to bet on any pro golf tournament at America’s Bookie is through the use of odds posted for head-to-head matchups. PGA Majors can be among the easiest to predict, especially when looking at the best of the best. The player that you wager on only has to post a lower score than the player they were pitted against. 

NBA Playoff Betting June 14, 2021 – Philadelphia 76ers at Atlanta Hawks

Philadelphia opens at -3.  Jazz +4.5 vs. Clippers, Tuesday Game: Bucks -2.5 vs. Nets

Inter Director Says Eriksen Did Not Have COVID and Was Not Vaccinated

Inter Director Says Eriksen Did Not Have COVID and Was Not Vaccinated

Inter Milan director Giuseppe Marotta has dismissed suggestions that club midfielder Christian Eriksen, who was hospitalised after collapsing in Denmark's Euro 2020 opener against Finland on Saturday, had previously contracted COVID-19.