What Was The Black Friday Poker Scandal?
The Black Friday Poker Scandal refers to the 2011 event when the United States Department of Justice shutdown the three largest online poker websites in the country – PokerStars, Full Tilt Poker, and Absolute Poker. The sites were accused of operating illegal gambling businesses and money laundering. The scandal resulted in millions of dollars of losses for players and the companies. Several executives and individuals associated with the sites were charged with various crimes, with some being sentenced to prison.