Absolute Poker Releases a Statement Regarding Their Recent Indictment Absolute Poker has finally issued a statement regarding their recent indictment by the US Department of Justice. Both PokerStars and Full Tilt released statements the day after the indictment while it has taken nearly a week for Absolute Poker to issue their statement. PokerStars and Full Tilt's statements are available for viewing HERE if you are interested. Official Statement From Absolute Poker "Absolute Poker has retained Blank Rome LLP as United States counsel to provide legal advice in relation to civil and criminal matters filed in federal court in Manhattan and made public on April 15, 2011. Absolute Poker is aware that on April 19, 2011, the US Attorney for the Southern District of New York entered into separate agreements with FullTilt Poker and PokerStars. These agreements concern the use of the respective Full Tilt Poker - Learn from the Pros and PokerStars - USA domain names. The US Attorney, in a press release dated April 20, 2011, stated that the government is willing to enter the same agreement with Absolute Poker and UB." "At this time, Absolute Poker's top priority is, and must be, the refund of balances to its and UB's US players. However, given the far-reaching consequences of the US Attorney's actions for Absolute Poker and for the entire poker community, Absolute Poker believes that the responsible course of action is to review with its attorneys the relevant court filings before taking any action.
"Absolute Poker believes that the US Attorney shares the view that refunds to US players are an immediate and pressing concern, and Absolute Poker wishes to make clear that it wants to work cooperatively with the US Attorney to safely and efficiently return its players' funds. To that end, Absolute Poker's counsel has initiated communications with the US Attorney's office and plans to continue proactively advancing those discussions." "Further information and timely updates will be provided to Absolute Poker/UB's players as we move forward." So basically it looks like Absolute Poker is interested in refunding U.S. players funds but is wating for their legal counsel to review everything before going into agreements with the U.S. Department of Justice. I'm not sure if they're just waiting it out in hopes of a better deal or what but I'm sure that they will be following suit with Full Tilt and PokerStars soon and take the domain release agreement offered by the D.O.J. At the time of writing, no U.S. players funds have been refunded but OnlinePokerAds will continue to keep you updated as the story unfolds. |
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