Everleaf Network Withdraws from the US Market

Everleaf Network made a recent announcement stating that it is withdrawing from the US market. The move came after the US Department of Homeland Security issued an order to cease and desist to a payment processor that Everleaf Network was using.

Minted Poker, one of the real money poker online USA sites operating under Everleaf Network recently gave a statement that US authorities seized money from one of the key payment processors which facilitated transactions for Minted Poker. After this, officials of Everleaf Poker approached the Malta Lottery and Gaming Authority regarding the moves that it should ideally take. Considering the legalization scenario in the US, Everleaf Network was advised by its regulatory body to pull out of the US market.

Players’ Funds are Protected

Reports suggest that funds of US players have been fully protected by the Everleaf Poker Network. Full reimbursement will be provided to US players who created real money accounts with the site.

Ban Issued on French Players

In addition to US players, the Everleaf Poker Network also issued a ban on players from France. According to the terms and conditions recently published by Everleaf, its products and services cannot be accessed by players residing in Malta and France.

Ban on US and French Players Came 10 Months After Black Friday

The decision to prohibit French and US players from accessing products and services of Everleaf Poker Network came 10 months after the US Department of Justice indicted three well known poker sites. These sites were PokerStars, Absolute Poker and Full Tilt Poker. Although, PokerStars is back on its feet, Full Tilt and Absolute Poker are still struggling to re-start their operations. Fearing such consequences, Everleaf Poker Network chose to withdraw from the US market.

The Black Friday incident completely changed the poker scenario in the US. Many well-known poker sites stopped accepting US customers. Currently, only a handful of poker rooms have their doors open for US players. Merge Gaming Network, Cake Poker and Bovada Poker are some of them. Few sites operating under Merge Gaming are Lock Poker, Carbon Poker and Pokerview. The move by Everleaf is not expected to affect these gaming platforms.

Related Posts:

  • No Related Posts

Comments are closed.

Copyright www.realmoneypokeronlineusa.org 2011-2012