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PokerStars deal for Full Tilt lets company back into the US

31st July 2012 4:46 pm GMT

PokerStars has agreed to buy Full Tilt Poker for a total of $731m and reached a settlement with the US authorities as part of the deal.

PokerStars will pay the US Department of Justice $547m for all the assets of Full Tilt and it will pay $184m directly to former players from the rest of the world within 90 days.

The agreement explicitly permits PokerStars to apply to relevant US gaming authorities for a licence to offer [...]

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