..

PokerStars Issues Statement to Players: “Your Money is Safe”

Written by:
Guest
Published on:
Jun/29/2011
PokerStars

"In light of today’s news that Alderney Gambling Control Commission has suspended Full Tilt Poker’s license, PokerStars wishes to assure our customers that their funds are completely safe and that our operations are completely unaffected.

The Isle of Man Gaming Commission today re-affirmed that PokerStars' worldwide licensing is intact and that our operations are in full compliance with all of its requirements.  PokerStars' online operations continue as normal and all funds in players’ accounts are safe and available for withdrawal as usual with no delays.

PokerStars also remains in full compliance with our licenses in other jurisdictions where we are regulated, including France, Italy and Estonia.

As provided under our licensing, PokerStars has always maintained the integrity and security of our players’ funds, by keeping all such funds in segregated bank accounts, always available for immediate withdrawal.

Since the actions of US Department of Justice in April, we have returned more than $120 million to US players and continue to act upon requests as they are received. Players outside the US have not been affected and all cash-outs have been processed without delays.  Further, PokerStars entered into an agreement with the Department of Justice which expressly confirmed the company’s ability to operate outside the US.

We will continue to operate as a responsible corporate citizen and are committed to serving the needs of our customers in complete compliance with our regulatory requirements."

Poker News

Accused Cheat Says Don't Jump to Conclusions When it Comes to "Vibrator" Scandal

Accused Cheat Says Don't Jump to Conclusions When it Comes to "Vibrator" Scandal

"Problem with taking the money back is he’s consistently in very soft lineups that he’s literally never losing in. Why would anyone want to play with him if they have an off chance they do something stupid and own him knowing they’ll get bullied to refund him. Bad for the game."

'The Mouth' Chimes in on Poker Vibrator Scandal

'The Mouth' Chimes in on Poker Vibrator Scandal: Lew Not a Cheater But No Clue Where She is

The poker world is on absolute fire in recent days over an incident that took place during the Hustler Casino live streaming.

Investigation Into "Vibratorgate" Continues as Twitterverse Explodes

Investigation Into "Vibratorgate" Continues as Twitterverse Explodes

Hustler Casino has said neither player will be invited to return to partake in tournament play following allegations that Robbi Jade Lew used a vibration device to gain an unfair advantage at the poker table resulting in an all-in hand for a pot of $269,000 versus Garrett Adelstein.  He accused Lew of cheating.

Vibrator Used to Give Poker Player "Unfair" Edge During Hustler Live Stream: Goes All-In to Win $130K Hand

Hustler Casino has said neither player will be invited to return until the incident had been investigated.

Is stalling on the bubble really cheating?

Stalling on the Bubble Addressed by Tournament Directors Association

While some players believe it's a good strategy, others say it's akin to cheating.

Syndicate