full tilt

PokerStars Settles Online Gambling Lawsuit For $731 Million & Buys Its Rival To Boot

PokerStars Settles Online Gambling Lawsuit For $731 Million & Buys Its Rival To Boot

First there were three online poker companies facing charges of illegal internet gambling, and now there are only two, after the Department of Justice announced it’d brokered a deal worth $731 million in customer reimbursements. To settle the civil charges of money laundering and bank fraud, PokerStars says it will buy out the assets of its rival, Full Tilt and pay the government. [More]