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Fulltilt Pros Next In Line To Recover Money
Tuesday August 5,2014 : FULL TILT PRO'S NEXT IN LINE FOR REMISSIONS (Update)
Excludes Team Full Tilt Players, Affiliate revenue or FTP compensation
According to The Garden City Group, claims administrator of the forfeited funds in the United States v. PokerStars, et al. 11 Civ. 2564 case, players designated by Full Tilt Poker as professionals, excluding Team Full Tilt Players, are next in line to recover a portion of their account balance.
GCG said professional players may submit a petition for remission to recover a portion of their account balance that is not attributable to compensation provided by FTP or Affiliate revenue.
To date, almost $100 million in claims have been returned to Full Tilt US players since the beginning of this year, the last of which was in June 2014 .
Professional players have until September 3, 2014 to submit their petitions.
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Gambling News :
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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