Technology, Online Poker | featured news

2 poker sites agree to forfeit $731 million

The world's largest poker company and its rival have settled federal money laundering and fraud charges, agreeing to pay hundreds of millions of dollars, authorities said. PokerStars, which is based on the Isle of Man, off the coast of Ireland, agreed to forfeit $731 million, including $547 million that will be available to reimburse U.S. customers of the rival, Full Tilt Poker. Full Tilt also agreed to settle and will cease independent operations.

 

Smarter Than You Think: Poker Bots Invade Online Gambling

Card-playing software is now good enough to win tens of thousands of dollars on major poker sites, and human players aren’t happy about it.

 

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