In fact, if you’re living in New Jersey, Pennsylvania, or any state that will also legalize and regulate online gambling, PokerStars is your safest option. It’s what makes PokerStars safe for anyone. If they allow PokerStars to operate within their jurisdiction, it means that they’re following all the safety protocols that the state has. New Jersey has the most comprehensive online gambling regulations. One of the advantages of regulated poker sites is that they abide by the laws and regulations of the state where they operate.
![who bought full tilt poker who bought full tilt poker](https://www.onlinepokerreport.com/wp-content/uploads/2012/02/full-tilt-poker-sale.jpg)
These are some of the reasons why PokerStars is one of the safest and best poker sites today. They also accept players from Pennsylvania, giving them a considerable market share for online poker sites that legally operate in the US. New Jersey regulates all their operations, and they are paying taxes to the US government-the main reason for their indictment in 2011. They are operating in New Jersey under the domain PokerStars Casino NJ. PokerStars, given their reach and market share in online poker, was first to comply. They allow online gambling platforms to operate as long as their headquarters are in these states. It has led four states-Delaware, Nevada, New Jersey, and Pennsylvania-to legalize and regulate any online gambling operations within their jurisdiction. Today, PokerStars is one of the most recognizable poker companies globally, but many people wonder whether it’s safe for them to play on this site.īlack Friday is a crucial part of everything that shaped online poker in the US. PokerStars remained strong and was able to get back its domain to continue its operation. Of the three biggest poker sites affected by Black Friday, PokerStars was the only one that survived. Absolute Poker never had the chance and remained shut down. Full Tilt never had the money to pay back their customers, but PokerStars bought Full Tilt and eventually repaid the customers. It took some time for PokerStars to repay their customers, but at least they got paid. Millions of players lost access to their accounts and could not withdraw billions of dollars in real money.Īfter cutting a deal, the FBI agreed to release the domains, allowing the companies to continue their operations outside the US, as long as they pay back their customer’s money. The FBI later seized their domain names and shut them down indefinitely. They stopped offering real-money games, which eventually forced them out of the country. This indictment put an immediate stop to these companies’ operations. These two online sites became the biggest poker sites for years until the Department of Justice issued an indictment against Full Tilt, Absolute Poker, and PokerStars.
![who bought full tilt poker who bought full tilt poker](https://cdn.vox-cdn.com/thumbor/bf1KJ06337SJtQ0lPUQMcOz-iKg=/0x26:640x453/1200x800/filters:focal(0x26:640x453)/cdn.vox-cdn.com/assets/1268439/Pokerstars.jpg)
However, PokerStars and Full Tilt Poker were quick to adapt and filled the void. The first casualty was PartyPoker-the biggest poker site in the US during that time.
![who bought full tilt poker who bought full tilt poker](https://pokerfuse.com/site_media/media/uploads/news/lindgren_orig_full.jpg)
The whole Black Friday took five years to happen, and it started after the Unlawful Internet Gambling Enforcement Act of 2006 passed. It was all because of the event that happened on April 15, 2011, which forced the most prominent poker companies to leave the US. If you’re new to playing online poker, let us be the one to tell you that the action you’re getting right now is only a fraction of what online poker in the US used to be. Let’s talk about what Black Friday is and why it matters to poker players, just to establish the basis for safety and security concerns. Due to the lower rakeback many regulars have quit, but PokerStars is still the biggest online poker site. In the last few years, the competition has become softer on PokerStars.