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PPA To Assist to FTP US Player Payouts
Sunday August 12, 2012 : POKER PLAYERS ALLIANCE PREPARED TO ASSIST IN F.T.P. PAY-OUTS TO U.S. PLAYERS (Update)
Terms of Pokerstars-FTP-DoJ sttlement clearly indicate that players be paid in full, says action group.
Immediately following the announcement of the multi-million Pokerstars acquisition deal on Full Tilt Poker the Poker Players Alliance independent action group flagged its preparedness to be involved in the long awaited pay-outs to players through US government agencies.
In a public statement at the end of July, the Alliance noted:
“The government has not yet released the precise details on how reimbursements will occur. It is the PPA's position that the government must take all steps necessary to ensure the process for the players to recover their full funds is not unduly burdensome. PPA's legal team will remain fully involved as the ‘voice of the player’ to ensure our members are heard throughout this process."
This week, as uncertainty continued on how the restitution scheme is to be implemented despite the millions seized and paid over to government coffers, the PPA nudged officialdom with a reminder, addressed to the Department of Justice's Asset Forfeiture and Money Laundering Section.
The letter reportedly noted that the terms of the FTP-Pokerstars settlement involve sufficient money to ensure that all owed US players are made whole through the government's pay-out system.
It also invites government to tap into the PPA's experience, knowledge and resources in order to quickly introduce a player-friendly and efficient "process for remission," along with a view on how FTP players' amounts due should be calculated in order to ensure a fair restitution.
Gambling News :
Michael Myers is back in Halloween Slot Machine -
Get ready for a blood-curdling adventure with Microgaming’s latest offering – Halloween Follow Annie, Lynda, Doctor Loomis, and our heroine Laurie as they try to survive the ultimate horror movie villain, Michael Myers.
Joe Fortune new Rewards Program -
Once you sign up, you’re automatically enrolled in the rewards program – and that’s when the epic journey begins. You’ll start earning Adventure Miles immediately, and can embark on the quest of a lifetime: To get paid to play, which stays true to the rewards program’s slogan, ‘Play More Get More’.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
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