Poker Stars takes care of players money with independent trust funds

The industry’s leading online poker site Poker Stars takes player protection one step further setting up a trust fund.

Poker Stars is not only the world’s largest online poker site, but it’s also the most caring among them all. Player’s protection has always been on top of the priorities list.

Even after the events of Black Friday, Poker Stars managed to pay back its members, whereas competitors failed. Currently the operator is devising a plan to set up an independent trust fund, to protect player’s accounts. The fund will be overseen by the UK Financial Services Administration.

Poker Stars chose a trust company, owned by IFG Group plc, which is a renowned financial services company listed on both London and Dublin Stock Exchanges.

Poker Stars also contemplates introducing the same system to French, Spanish, Italian and Belgian markets. The company hopes that its example will be followed by other industry players and that members’ safety will become paramount.

Gaby Campos, CEO of Poker Stars, commented: ”The security of player accounts and the integrity of online poker play are fundamental to the ongoing and future success of the industry. We have developed a unique structure that is ideal for the newly regulating markets.“

He went on to add: “We hope that all responsible licensing authorities will ultimately insist that online gaming companies maintain the full amount of customers’ funds in fully segregated, independently managed accounts. We are pleased to partner with the thought-leaders in European regulation to establish an industry-wide standard for ensuring player funds are protected.”

Poker Stars remains the world’s best online poker site offering members an impressive selection of poker games and tournaments. Join Poker Stars today to play against the best in the business and get a 100% Max. $600 first-deposit bonus.