Afternoon U.S. Online Poker Update

I have been religiously following the online poker forums and Twitter for the latest updates related to Black Friday.  The biggest news is the slashing of guarantees by online poker sites in the big Sunday poker tournaments.  PokerStars was forced to lower their guarantees to account for the loss of U.S. players.

PokerStars dropped the guarantee of their Sunday Millions from 1.5 million to 1 million.  The Sunday Warm Up went from $750,000 to $500,000 guaranteed.  The nightly $162 tournament guarantee went from $100,000 to $50,000.  The Sunday 500 went from $500,000 to $250,000 and the Sunday Second Chance went from $250,000 to $125,000.  Full Tilt Poker lowered their Sunday Brawl guarantee from $400,000 to $250,000.

In other gossip Deadmoneybook is reporting that the feds may have seized bank accounts related to player balances held by Absolute Poker and UB.  Currently players cannot deposit, cashout or make player transfers.  Also the author brings up the point that the new owners are also the old owners according to the indictment, something Cereus has denied.

In other news Bluff Magazine is reporting that the Onyx Cup which was sponsored by Full Tilt Poker, where buyins ranged from $100,000 to $300,000, has been postponed indefinitely.  They are also reporting that ESPN has removed their ESPN Poker Club from their website.  ESPN Poker Club was powered by PokerStars.  ESPN did post on Twitter that they are still planning to air the World Series of Poker this summer as planned.  There is no word on other poker shows.

I will continue to follow Twitter feeds, poker forums and tap into my sources to continue to bring the most up to date information to my readers.  Expect another update tonight.

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