Just got off the phone not too long ago after doing a call-in segment on the 2+2 PokerCast. They’re reviewing what’s gone down in the month or so since Black Friday. I was also on the PokerCast on April 19th. Good chat about Black Friday, Full Tilt cash outs, and just what in the heck …
I had a conversation with someone in the know at PokerStars who helped clear up some issues concerning how the different regulatory bodies work and why Stars was able to pay out their players so rapidly. First, let’s just do a quick review of where each of the indicted poker sites are located. AP/UB: Kahnawake …
It is in times of trouble that you truly learn the nature of people (or organizations). Since Black Friday I think we’ve seen the character of a lot of organizations. Stars stepped up to the plate and made a very timely refund of player monies (all things considered). Tilt has disappeared into a black hole …
A full month after Black Friday Full Tilt representative FTPDoug (actually, the real FTPDoug left the company a long time ago and they just use the name since he had some credibility on 2+2) announced: NOTICE (UPDATE): The comment I made about FTPDoug was made in error. Someone I used to work with at FTP …
There seems to be some confusion about what player account segregation means and how this all plays out in the recent DOJ action seizing bank accounts and poker sites being unable to pay back players. Please consider the diagram below. It’s a very simple version of how payment processing works (or did work up until …