It was recently reported that a federal grand jury in Manhattan has taken up a case against Full Tilt poker for money laundering charges. The Financial Times newspaper reported on Monday that indictments could be brought against ‘the world’s best known professional players’. Subpoenas have been issued this week to those involved.
Just last week, Everest Poker’s parent company Ultra Internet Media filed a lawsuit against Harrah’s Entertainment. The suit is alleging that Harrah’s exhibited a breach of contract with the online poker room.