Charges Brought Against US Poker Firms
In the latest episode in the US Internet gambling saga, an indictment (unsealed 15 April 2011) from Preet Bharara, the US Attorney for the Southern District of New York, charged 11 people on a number of issues including bank fraud, money laundering, and illegal gambling.

The 11 defendants include the founders of PokerStars, Full Tilt Poker, and Absolute Poker and other executives.
In a press release statement US Attorney Preet Bharara said: “As charged, these defendants concocted an elaborate criminal fraud scheme, alternately tricking some U.S. banks and effectively bribing others to assure the continued flow of billions in illegal gambling profits. Moreover, as we allege, in their zeal to circumvent the gambling laws, the defendants also engaged in massive money laundering and bank fraud. Foreign firms that choose to operate in the United States are not free to flout the laws they don’t like simply because they can’t bear to be parted from their profits.”
Some of the defendants were arrested on 15 April in Utah and Nevada. 

Wynn Resorts has said it has “terminated” its recent deal with PokerStars, whilst Fertitta Interactive also says its deal with Full Tilt has “expired” because it was dependent on Full Tilt gaining a licence in the US.
Link to US DOJ press release