Poker news tagged with 'u.s. department of justiuce'

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It's Official: PokerStars Will Buy Full Tilt Poker!

Tags: doj, full tilt poker, pokerstars, u.s. department of justiuce
Posted on 01 August 2012 by "T".

Yesterday, PokerStars finally confirmed that it has reached an settlement with the U.S. Department of Justice (DOJ) to take over Full Tilt Poker. As a part of the settlement agreement, PokerStars has also acquired the assets of Full Tilt Poker.

PokerStars has 3 years to pay USD$547 million to DOJ, and all non-U.S. customers of Full Tilt Poker will get their money back (an amount totaling $USD184 million) within 90 days after PokerStars has transferred $247 million to DOJ (this transfer should be completed within the next 7 days).

Read more » It's Official: PokerStars Will Buy Full Tilt Poker!


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