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Finally USA Players to be paid by Fulltilt Poker

Thursday March 14,2013 : AT LAST - DoJ APPOINTS CLAIMS ADMINISTRATOR FOR FULL TILT POKER US PAYMENTS (Update)
 
It's taken an inordinately long time, but payments to players are now a little closer
 
The hundreds of millions of dollars from the Pokerstars settlement that the US Department of Justice has been holding for payment to Full Tilt Poker players  may soon - finally - be disbursed following the news Wednesday that the feds have appointed a third party, independent Claims Administrator to handle the project.
 
Announcing that players can expect payments to start soon, the Department revealed that it has selected the Garden City Group as Claims Administrator and that company has already launched a website for FTP players who wish to lodge claims. The website can be accessed at www.fulltiltpokerclaims.com.
 
Preet Bharara, the chief Black Friday prosecutor from the US Attorney Office for the Southern District of New York, said in a statement:
 
“The Garden City Group brings a track record of handling the administration of some of the country’s largest and most complicated settlements.
 
“With their selection, we take a significant step forward in the process of compensating victims of the Full Tilt Poker scheme.”
 
Recentpoker.com readers will recall that part of the massive $547 million Pokerstars paid over to the US government as part of a settlement agreement (which included no admission of wrongdoing), was earmarked for US players impacted by the FTP implosion.
 
FTP has since been acquired by Pokerstars parent The Rational Group.
 
The claims administrator appointment perhaps heralds the end of a long and tortuous process to make players whole again after the events of Black Friday in April 2011.
 
The lengthy DoJ statement, which includes a detailed historical account of the events leading up to the appointment of the claims administrator, can be found here:
 
http://www.justice.gov/usao/nys/pressreleases/March13/FullTiltPokerSpecialMasterPR.php
 
Information is also available from the toll-free hotline number at (866) 250-2640.

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Gambling News :

SIS in deal with Genius Sports - Betting services provider SIS has entered into an exclusive deal with Genius Sports for the distribution of Spanish football in-play data, including La Liga, the top division of football in Spain.

Michigan considering online poker - The bill has a good chance of making progress, considering that five of the nine committee members have already signed up to it as sponsors, according to the Poker Players Alliance, which is actively promoting the intrastate measure.

Fantasy Aces Daily Fantasy Sports Corporation - The small California-based DFS operator Fantasy Aces Daily Fantasy Sports Corporation has issued a corporate update claiming that despite the difficult business environment in the United States it made progress in 2015, with the first four months of 2016 carrying on the upward trend.

Dedicated store for real-money gaming apps - Operators who submit their apps will be featured in the store when it launches to consumers in summer of 2016, the statement notes.

Oshi Casino Content partnerships with Microgaming and NetEnt - A new content partnership with leading online gambling games developers Microgaming and NetEnt will deliver to Oshi Casino players an additional choice of 600 games, the online casino operator announced this week.

PPA Response to critics of AB2863 - Earlier this week the Californian newspaper Sacramento Bee published an editorial critical of AB2863, a bill currently at committee stage in the California state legislature which seeks to license and regulate online poker.

Romanias progress in online gambling regulation - The Romanian media reviewed the country's progress in online gambling regulation and licensing this week as the one year anniversary of government’s decision to open up the market passed.

Sportech Wins VAT case - However, the matter cannot yet be regarded as finally over - Her Majesty's Revenue and Customs has been given until 13 May 2016 to apply to the Court of Appeal for permission to appeal to the Supreme Court.

PaddyPower Betfair trading update for Q1-2016 - #Paddypower #Betfair The company noted that following the merger of its constituent parts in February this year, it is presenting its update on a "proforma" basis as if the two companies had been merged for the full quarter.

Huge Hit at @Bovada Casino - #bovada Rome may not have been built in a day, but Silvia L. from California proved you can build $75,900 in winnings playing Caesar’s Empire at Bovada Casino.

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