UK Poker Player Poker News Absolute Poker follows in footsteps of PokerStars and Full Tilt

Absolute Poker follows in footsteps of PokerStars and Full Tilt

Posted by Anthony on April 22, 2011 at 8:13 BST

Breaking what many had taken as an ominous silence, Absolute Poker yesterday released a statement of their own. This is following the trend set by PokerStars and Full Tilt poker, who each released written acknowledgement outlining their present situation, the allegations laid at their doors, and what they plan to do about the release of player funds held by the United states Department of Justice (DoJ)

Many players searched for new rooms as an alternative to Absolute Poker to get their poker fix in light of recent events, cake poker for example offered new players a bigger 110% deposit bonus when using a cake poker code to help ease the suffering of US players.

A copy of the Absolute Poker statement can be found below:

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 Full Tilt Poker and PokerStars. These agreements concern the use of the respective www.fulltiltpoker.com and www.pokerstars.com 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 pro actively advancing those discussions.

Further information and timely updates will be provided to Absolute Poker/UB’s players as we move forward.

However, things do not look all rosy for the online poker room, which also owns UltimateBet.com. Chad Elie, who has been named as a “highly compensated ‘payment processor'” in the scandal, has pleaded not guilty to nine charges when he appeared in a New York Court on Tuesday. The charges include bank fraud, which carries a maximum penalty of 30 years in prison. Elie was released for long enough on Friday to marry former playmate fiancé Destiny Davis, who is said to be diligently standing by her new man throughout the affair.

The U.S. is also still seeking to arrest Absolute Poker’s founder Scott Tom, as well as PokerStars’ founder Isai Scheinberg, and Full Tilt’s Raymond Bitar.