UB and Absolute Poker to U.S. Players: Play On
By Matthew Kaufman, Rakeback.com Poker News
Just over a week after the United States Department of Justice issued an indictment of the operators of the three largest Online Poker companies catering to the U.S. (PokerStars, Full Tilt Poker, and UB/Absolute Poker), the CEREUS network sites stand defiant.
In the days immediately following the indictment, all three sites facing charges either discouraged Americans from playing on their sites or completely blocked access from the United States. Both Full Tilt Poker and PokerStars maintain a policy that Americans can’t play on their sites- but UB and Absolute Poker have reached a different conclusion.
UB to Americans: Keep Playing
After about a week of acquiring legal counsel and employing the law firm of Blank Rome LLP (a top U.S. firm), representatives from both UB and Absolute Poker have decided to allow U.S. players to continue playing on their sites.
They are not accepting new deposits, but existing customers with funds on either site are permitted to continue playing.
In order to better deal with a recent increase in payout requests, both sites have also imposed a $250 per week cashout limit to help speed up the pace at which they can reach incoming requests.
It is very difficult to speculate the possible reasoning behind this decision, but we’ll make sure to keep you updated as further information becomes available.