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Another angle is that players might not even legally be considered depositors. There is a payment processor whose funds were seized where the government even p
by TheCowboy 15y ago
Another angle is that players might not even legally be considered depositors.
There is a payment processor whose funds were seized where the government even put on a display of the giant check of funds seized. These funds ultimately belonged to players (good or bad). The situation is still unclear, as information is limited, but it appears that players will not be legally entitled to any of the seized funds.
As far as poker sites go, they may also not be considered depositors. Some sites/casinos view it this way: you're buying chips.
- justincormack 15y agoHard to say you are buying chips when you do not receive anything, would be hard to argue that. I dont think regulated operators are allowed to work like this. Aside from the US issues, Fulltilt was actually shut down by the gambling regulator in Alderney, so they were not unregulated.