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Latest USA Payment News from Fulltilt Poker
Posted 5/21/11 :
Determination to pay players remains, but still no breakthrough
One of the online poker operators impacted by the Black Friday indictments, Full Tilt Poker.com, made a further announcement to its players late Friday, advising on the conversion to cash of loyalty and other awards, but indicating that little progress has been made in surmounting obstacles to the refund of monies to US players.
The email advised that FTP has converted Tickets or Tournament Dollars in player accounts to cash at a rate of $1 for every T$1.
In addition, each Tournament Ticket has been credited at full cash value. Ring Game Tickets which expired after April 15 have been credited at their initial cash value, or at their current value if partially used.
Full Tilt Poker also used its FAQ page to advise that Black Card and Iron Man statuses will be maintained.
The rest of the announcement shows little change from previous assurances that the company's priority is to get its players paid.
It reiterates that since Black Friday the company has faced a number of challenges and obstacles to the efficient running of its international business and the fair and orderly refund of US players.
The company assures its customers that it has worked "tirelessly" to address the issues and overcome the obstacles, and claims that international business operations are returning to normal.
"We are absolutely committed to making sure that US players are refunded as soon as possible," the update concludes. "We apologize for the delay and the fact that we underestimated the time it would take to work through these issues. We will update our US players when we have more specific information to provide."
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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