English Harbour The net gambling industry was forever shaken by recent indictments by the U.S. government. Two more online casinos have decided to near their doors for good and walk away with the funds they've revamped the years, in preference to face possible indictments.
Millionaire and English Harbour casinos are both removing their services to online gamblers forever. The move for both casinos come after Full Tilt, PokerStars, and other online gaming industry payment processors were indicted by the dept of Justice.
English Harbour have been accepting US players, but after the Unlawful Internet Gambling Enforcement Act was created, they, like many other casinos, pulled out of the united states market. Now apparently the pressure has become too big for the casinos' owners to maintain serving customers from other areas of the world.
As for Millionaire casino, analysts believe they're closing their online casino for a similar reason. And not using a current charges against them, Millionaire casino owners can have desired to quit while they were ahead, something that other casino executives didn't do before indictments were handed down.
Since Black Friday, because it has become known within the gaming industry, many sites have began to reevaluate how and where they're doing business. Full Tilt was probably the most biggest losers within the aftermath of the U.S. crackdown, having lost their license to function within the UK.
Full Tilt has not yet paid American players back the money that was of their accounts. Professional poker player Phil Ivey filed a lawsuit against Full Tilt, but has reconsidered the lawsuit after word of an impending sale of Full Tilt surfaced. European investors are expected to take control of and infuse money into the ailing company.
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