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GARDEN CITY ISSUES ADVISORY ON FULL TILT POKER PAYMENTS
Saturday January 25 ,2014 : GARDEN CITY ISSUES ADVISORY ON FULL TILT POKER PAYMENTS
Payments will flow to non-disputing players by end February this year, ending a three-year wait.
The Poker Players Alliance advisory earlier this week that owed Full Tilt Poker players will soon be hearing from administrator Garden City Group was followed Friday with a statement from the administrator advising players:
"GCG has been informed that the Department of Justice Asset Forfeiture and Money Laundering Section has approved the first round of payments. This distribution will include approximately 30,000 Petitions totaling $82 million submitted by Petitioners with timely, complete Petitions, who confirmed their FTP Account Balances.
"GCG is currently working with the bank selected by the DOJ to set up the payment process, and expects to issue payments via ACH before the end of February 2014. Further updates on the payment process will be posted in 2-3 weeks.
"Please continue to check this website for updates regarding the payment process and this administration."
In the PPA advisory, players were told that those whose claims had been accepted and assessed, and were not disputing the assessment would be among those scheduled for the first payments.
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.
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