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The world's largest Internet poker company, PokerStars, is settling with the government to the tune of $731 million more than a year after a crackdown on online gambling. And, in possibly the best part of the deal, the company is also buying former competitor Full Tilt Poker and paying back its customers, who were left locked out of their accounts after the site's U.S. operations were shut down last April. In the agreement with the Manhattan branch of the Department of Justice, PokerStars will forfeit $547 million to the government over three years. The payment will settle civil charges that the company engaged in fraud to sidestep U.S. regulations on online gambling.

888, one of the world's most popular online gaming entertainment and solutions providers, has today announced, as part of its online US strategy, an alliance with WMS Gaming Inc., a global leader in the design, manufacture and distribution of games, gaming content and gaming machines in the United States.