Absolute Poker company strikes repayment deal

An online poker company facing severe legal troubles says it has made a deal with the Department of Justice toward repaying deposits from players.

But Absolute Poker said in a statement that it still faces legal issues before American players can be repaid.

Two of Absolute’s executives are among 11 people indicted last month, charged with tricking banks into processing illegal gambling payments by setting up elaborate schemes with shell companies and fake websites.

Absolute plans to collect money from payment processors, then establish proper ways to repay the players.

Two other companies, PokerStars and Full Tilt Poker, had previously announced agreements.

Associated Press