Facebook and AlertPay agree to stop selling poker chips

June 23, 2009

Latest news according to reports on the eCommerce Journal, has it that Facebook, the enormous social networking online site and AlertPay, an online payment firm have just agreed signed an agreement. This states that they will be terminating numerous online gambling operations that have been selling virtual poker chips for use on Facebook’s “Texas HoldEm Poker” application.

This setup was potentially illegal and according to a statement on AlertPay’s official blog, the two firms have now negotiated the basis issue on the following structure: “Facebook does not permit online gambling on its platform and some sellers attempted to convert the Texas HoldEm Poker application into monetized online gambling.

The blog added, ‘Sites offering for sale virtual poker chips for use with Texas HoldEm Poker are in violation of AlertPay’s User Agreement and in potential violation of state and United States federal law prohibiting unlicensed and/or online gambling, as well as the Unlawful Internet Gambling Enforcement Act of 2006 31 U.S.C ‘.

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