Cookies on the PokerWorks Website

We use cookies to ensure that we give you the best experience on our website. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on the PokerWorks website. However, if you would like to, you can change your cookie settings at any time.

Continue using cookies

Poker News | Gambling and the Law

Ray Bitar, CEO of Full Tilt Poker, Surrendered to U.S. Authorities

Breaking News
Share this

Chief executive officer of Full Tilt Poker, Ray Bitar, was indicted by the U.S. Department of Justice on Black Friday. One of 11 men that were indicted in the case, Bitar surrendered to U.S. authorities today. has confirmation from the U.S. Attorney's Office for the Southern District of New York that Bitar gave himself up to the FBI in New York. For his role at Full Tilt poker, Bitar faces five charges that include operation of illegal gambling business, conspiracy to violate the Unlawful Internet Gambling Enforcement Act (UIGEA), and money laundering conspiracy.

The news update started on the TwoPlusTwo forums when an internal email was leaked by a reputable member of the forums. The email was allegedly sent to staffers in Ireland by Bitar and offers up explanations that lean to completing the pending deal with the Department of Justice and PokerStars and that his return to the U.S. is part of the process of moving forward.

Part of Bitar's email:

"We have all worked hard over the last 15 months to preserve Full Tilt’s assets and potential in order to provide for the repayment of all players, and that continues to be our top priority. It is as important as ever that we all do everything possible to make that happen and, hopefully our deal with Poker Stars will very soon make our goal a reality." received an updated indictment that was signed by U.S. Attorney Preet Bharara and the indictment is details Bitar's efforts to cover up Full Tilt Poker's liquidity problems after the April 15th, 2011 release date of the original indictment.

Stay tuned for updates as they come in.

It's time to follow PokerWorks on Twitter! And like us on Facebook to stay updated with poker news, events, and promotions.

News Flash

The IRS Scores Big at 2015 WSOP ME Final Table

The IRS managed to snag 34.13 percent from the payouts of the 2015 November Nine, totaling $8,467,091.

Read more

Quick Room Review

Bonus Room review

Subscribe to the Nightly Turbo

Be the first to know all the latest poker news, tournament results, gossip and learn all about the best online poker deals straight from your inbox.

RSS Feed