What even happened that all the sites got banned in america? what caused it?
The ponsi scheme by
full tilt poker, when it came to light that they did not have player funds separated from company funds, and could not payout 100% of all players balance. Basically they were paying out cashouts with other players deposits, until it came to a head. and they ran out of $$$.
The US prosecuted the founders of
pokerstars, FullTilt Poker and absolute poker/ultimatebet, and basically made it unlawful to accept payments online for the act of
gambling. So all the big name poker rooms pulled out in hopes of 1 day in the future returning.
In the settlement, Pokerstars bought Fulltilt and payed out all remaining balances owed to players.