PokerStars expected to pull out as well

[Sand]

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Hi folks -
Obviously, there are many unanswered questions at this point - we'll let you know more as time progresses.

However, there are three important things that we can tell you right now:

1. Your money is completely safe at PokerStars. It's kept in a segregated account at one of the largest banks in Europe.

2. You do, and will, have 24/7 access to your account funds. You will always be able to get to your money.

3. We have not made a decision one way or another as regards closing our American accounts.

The other thing that I can promise is that we'll keep the lines of communication open to forums such as these. Stay tuned.

Best regards,
Lee Jones

PokerStars Poker Room Manager

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Hey Lee

Since POkerstars does NOT make or accept bets or wagers in which it has any stake in the outcome it would probably be a good idea for Pstars to stick around.. Your games and tournaments, and your withdrawls/deposits, are not covered by this Act.

We are not playing against the house, you do not have a stake in the outcome of the games or tournaments offered, in the US or elsewhere. You have no sportsbetting or casino games hence having no stake in the outcome and are not in the business of betting/wagering as implied by the bill.

At least from my read, and apparently the read of other sites, I think it would be a bit rash to ditch the US sector.

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From what I have read the Billy Baxter rulings also have a huge impact on this whole situation. Poker has been declared a game of skill by an Appeals court. This may very well allow poker to bypass this law completely.

If I were Stars I would have a court challenge in hand to file 8am after Bush signs this thing. There is legal precedent for Stars and others to follow.

[iron81]

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Why are people so irrational?

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Because I tried after that gambling911.com article was posted but before Lee posted. [img]/images/graemlins/frown.gif[/img] Yeah, it looks like Stars is safe for now.

[XxGeneralxX]

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They are experiencing connectivity problems because everyone is cashing out.

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No, they were experiencing connectivity problems because Neteller was down last night changing their terms and conditions.

There is no reason to cash out of Stars, you are probably right that people are cashing out, but there is no need to. Read the thread, read Lee Jones' post at least. Why are people so irrational?

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Its called the "safe play" It isnt that irrational

[Rianna]

On Saturday I too tried to cash out a rather 'large' number at Stars and got the same "$0.00" message...checked my account and found the money wasn't there either.

I've emailed them 5 times now, it's Monday afternoon, still have no idea where my money is.

I will be the first one to post here and tell everyone everything is allright as soon as I...

1. Have my money put back into my account or

2. See that my cashout was transferred to Firepay as requested.

I have had NO problem cashing out from Party, Ub, Paradise, Celeb, Doyle's or FT.

I AM angry at Stars for the runneround...for a major company this IMHO is bush league. Should they take care of 'the problem', I will forget about it. Should they not, I will post the truth on everyboard I can find.

[Losing all]

That's gotta be some kind of fluke. Many here would agree that stars is the least likely of all gambling sites to steal from you.

[Triple Optics]

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Sent this e-mail to support:

This article speculates that PokerStars will be moving out of the U.S. market in reaction to recent U.S. legislation. I was told by Stars two days before legislation passed that this bill had little chance of passing according to its experts. When the bill passed, I received little answers.

As a loyal Stars customer for 4 years, I want an answer right now. Is this >report true? Keep in mind that if get some standard company line or an outright lie, the truth will be known soon, and I have no problems turning my back and 1) never playing on PokerStars again if circumstances change and 2) spreading the word about Stars lies.

Mike

...and got the standard response they've been giving the past couple of days. Here's hoping they don't roll over so I have to do some smear campaigning.

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Oh wow. Some people...

[Lee Jones]

Hi Rianna -
Send me an email:

pokermanager@pokerstars.com

I'll find out what's going with your cashout. I promise you that has nothing to do with the events of the last 96 hours. No matter what else happens, we have a poker site to run and that's what we're doing. Including cashouts.

Best regards,
Lee Jones

PokerStars Poker Room Manager

[iron81]

Rianna,

I had the same problem, but Stars e-mailed me this afternoon and said they credited the money back to the account and that the problem was with neteller. I think when I get back home that everything will be ok. Don't worry about this.

[dedmoney]

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On Saturday I too tried to cash out a rather 'large' number at Stars and got the same "$0.00" message...checked my account and found the money wasn't there either.

I've emailed them 5 times now, it's Monday afternoon, still have no idea where my money is.

I will be the first one to post here and tell everyone everything is allright as soon as I...

1. Have my money put back into my account or

2. See that my cashout was transferred to Firepay as requested.

I have had NO problem cashing out from Party, Ub, Paradise, Celeb, Doyle's or FT.

I AM angry at Stars for the runneround...for a major company this IMHO is bush league. Should they take care of 'the problem', I will forget about it. Should they not, I will post the truth on everyboard I can find.

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I bet you're really fun at parties.

[BeatPurdue]

You're a good man, Lee.

I will be with Stars forever if you guys stick with the US.