According to a report at www.PocketFives.com Absolute Poker and UB Poker players may indeed be repaid by the soon to be liquidated sites… but only to the tune of about 20% of their account balances. According to the article, “Two reliable sources close to Absolute Poker and UBRead Full Article

The Federal Wire Act of 1961 has been used for years by the United States Department of Justice as a tool in their fight against online poker.  For year, it has been interpreted to mean that online gambling and poker is illegal.  That changed earlier Friday when theRead Full Article

After a majority vote by shareholders the sale of Full Tilt poker to Groupe Bernard Tapie is one-step closer to becoming a reality according to a report by Diamond Flush at Subject Poker. According to the article, multiple sources told the author that the vote passed allowing FullRead Full Article

It appears we may all have jumped the gun a bit after CNN Money posted an article (that was quickly taken down by the site). A new version of the article was posted on CNN Money on Friday, with some corrections made; corrections that will not sit wellRead Full Article

One of the main principles involved in the ongoing negotiations for Groupe Bernard Tapie in their take-over bid of the struggling online poker site Full Tilt Poker has confirmed that the article written on Subject: Poker Tuesday was indeed accurate, and that the US Department of Justice hasRead Full Article

According to the website Subject: Poker, a deal has been struck between Groupe Bernard Tapie and the US Department of Justice that would see the DOJ take on the responsibility of repaying US players, while Groupe Bernard Tapie would take over the site’s current obligations to players fromRead Full Article

On Friday the Kahnawake Gaming Commission made the first public statement regarding Absolute Poker and UB Poker since the sites came to an agreement with the US Department of Justice in the weeks following Black Friday. The statement basically says that Blanca Games will liquidate the troubled onlineRead Full Article

In 2006 Party Poker was the largest online poker room in the world, but after UIGEA legislation was passed the publicly traded company was forced to leave the US market, as well as facing the US Department of Justice in court –Party Poker would eventually strike a dealRead Full Article

Last week, Full Tilt announced that it had reached an acquisition agreement with Group Bernard Tapie.  Since that time, various information has been released either through lawyers or directly from Bernard Tapie in the form of interviews.  Here is the good, the bad, and the ugly from theRead Full Article

Two of the 11 people named in the Department of Justice’s criminal complaint filed on April 15th, 2011, after the crackdown on online poker sites operating in the United States, were in court Monday. The duo is apparently pinning their hopes on the defense that poker is notRead Full Article