Last week the Legendary DoylesRoom.com was seized by the FBI in another effort to prevent USA Poker players from playing poker online. This may well be the end of the popular online poker room which players have supported since 2004.
The online poker room was endorsed by Doyle Brunson who is World Renowned as The Godfather of Poker, Doyle Brunson also known as Texas Dolly stepped down as the Doyles Room representative just a week before the FBI seized the domain name.
While so many rumors have been circulating throughout the years that Doyle Brunson is dead, it certainly seems that in this case DoylesRoom is Dead. R.I.P
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No major changes thus far in regard to the USA poker ban with all the big rooms still closed to the US market but some rather interesting developments have evolved during the course of this week.
UB/AP have now reached an agreement with the US government in which the US Attorney’s Office has agreed to provide all necessary assurances that third parties may work with Absolute Poker to facilitate the return of funds, currently held by third party processors, to players located in the US. However many in the know are somewhat skeptical that UB/AP have enough funds to make the payments to all their US based players.
US Attorney Preet Bharara confirmed that an agreement had been struck between the US government and Absolute Poker “Absolute Poker of Costa Rica agreed to return funds owed to U.S. customers and prohibit deposits of American players.”
Absolute Poker has not requested the return of their seized domain names in www.absolutepoker.com, www.ultimatebet.com or www.ub.com. Both Pokerstars and FullTilt Poker were returned their .com domain names as part of the deal with the US DOJ.
After nearly a month since the US poker ban known as “Black Friday”, FullTilt Poker and UB/Absolute Poker are in the same position since the USA poker room closures in that neither of them offer their gaming services to the US market and both sites have failed to repay their US players their outstanding balances to date.
PokerStars on the other hand seem to be rapidly gaining trust amongst non-US players as they have overcome the payment hurdle, the main reason they could do so is because the player funds are held separately from the main PokerStars account which is enforced by their licensing agreement with the Isle of Man as such PokerStars have already begun paying back the owed money to their former US players.
Online Poker Rooms have had significant changes in traffic since Black Friday, the top rooms who have recently blocked US poker players have dropped in traffic while those poker sites who still accept US players have increased.
While most American Poker players seem to have signed up to Carbon Poker on the Merge Gaming Network, which has had a major increase in traffic and are now ranking in the top 10.
While UB Poker have suffered a huge loss in traffic losing more than 3/4 of their players since Black Friday and other instabilities in the company which include dismissing 95% of their Costa Rica staff and all the Team UB Poker pros.
UB Poker formerly known as UltimateBet Poker may soon declare bankruptcy, the Cereus Network online poker room has suffered a 76% loss in traffic since Black Friday. Ultimate Bet Poker have reportedly laid off more than 95% of their employees as a result.
Emails were sent out to shareholders of Blanca Gaming, the operator of the Cereus Network stating that the company had no funds or income to support their current debts and no future payments can be made.
Ultimate Bet Poker, the popular online poker room for more than a decade, may soon declare bankruptcy or is this just a rumor?