How to Take Advantage of Your Business Competition

On the 29th June I mentioned how Full Tilt poker have been suspended. So in effect you have a lot of players now who don't have a site to play on. They are either going to stop playing or in the short term at least go somewhere else.

Other poker websites are taking advantage. Pokerstars first of all sent out a statement confirming that they are above board and this won't happen to them - this reassures existing players that their money is safe and of course encourages new players to play there...

In light of today's news that Alderney Gambling Control Commission has suspended Full Tilt Poker's license, PokerStars wishes to assure our customers that their funds are completely safe and that our operations are completely unaffected. The Isle of Man Gaming Commission today re-affirmed that PokerStars' worldwide licensing is intact and that our operations are in full compliance with all of its requirements. PokerStars' online operations continue as normal and all funds in players' accounts are safe and available for withdrawal as usual with no delays.

PokerStars also remains in full compliance with our licenses in other jurisdictions where we are regulated, including France, Italy and Estonia.

As provided under our licensing, PokerStars has always maintained the integrity and security of our players' funds, by keeping all such funds in segregated bank accounts, always available for immediate withdrawal.

Since the actions of US Department of Justice in April, we have returned more than $120 million to US players and continue to act upon requests as they are received. Players outside the US have not been affected and all cash-outs have been processed without delays. Further, PokerStars entered into an agreement with the Department of Justice which expressly confirmed the company's ability to operate outside the US.

We will continue to operate as a responsible corporate citizen and are committed to serving the needs of our customers in complete compliance with our regulatory requirements.

IOM Gambling Supervision Commission Statement, June 29 2011

The Isle of Man Gambling Supervision Commission wishes to make it clear that the licensing status of PokerStars in the Isle of Man remains unchanged following today's statement from the Gambling Control Commission in Alderney. Alderney is a separate jurisdiction from the Isle of Man and the operation in question is separate from PokerStars.

PokerStars continues to demonstrate compliance with its licence conditions in the Isle of Man. PokerStars continues to offer withdrawals to any players who wish to withdraw their funds, including players in the USA to whom PokerStars does not currently offer real-money gaming.

Pokerstars have also followed it up with a reload bonus today...

Claim your 20% up to $100 Reload Bonus* NOW!

Simply deposit before 23:59 ET on July 15 using the deposit code PS100 to claim your rewards.

As we’re half way through the year, it’s the ideal time to give your bankroll a boost in preparation for an action packed end to 2011!