Black Friday (2011)

history_culture

The Day Poker Died On "Black Friday".

US players logged in to find FBI seizure notices on PokerStars, Full Tilt Poker, and Absolute Poker.

The founders were indicted for bank fraud and money laundering (tricking banks into processing gambling payments). *

It was revealed Full Tilt was operating a Ponzi scheme and couldn't pay back player balances. *

PokerStars settled with the DOJ for $731 million and eventually acquired Full Tilt to repay international players.

GGR (Gross Gaming Revenue)
The key financial metric for operators, calculated as Total Bets minus Total Payouts.
Blackjack
The definitive guide to the most popular casino card game. Learn card values, basic rules, and the objective of 21.
Crash Games
A modern genre of crypto-arcade games revolving around a rising multiplier and a "burst" mechanic.
Bingo
A social game of chance where players match numbers on pre-printed cards to form patterns.
Geo-Location
Technology used to verify a player's physical location to ensure they are playing from a permitted jurisdiction.
Craps
The legendary dice game offering some of the best odds in the casino, centered around the "Pass Line" bet.