The Associated Press reported that a deal has been struck between Absolute Poker (actually the Cereus Network including both AP and UB.com) and the US Department of Justice.
An online poker company facing severe legal troubles says it has made a deal with the Department of Justice toward repaying deposits from players.
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Absolute says its agreement says it can work with third-party payment processors to facilitate return of the funds. It says it plans to collect the funds from the processors, then establish proper ways to repay the players.
Unlike Pokerstars and Full Tilt Poker they will not be regaining their original domain names (UB.com and AbsolutePoker.com) as part of their deal with the DoJ and will continue to use their new domains.
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