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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.



Gambling News :

MPN Poker Tour Malta Day 1A - The MPN Poker Tour has returned to Casino Malta this week, with a €150,000 guaranteed €500 + €50 Main Event running alongside a full complement of side events, parties and activities.

€8 million mobile jackpot win on Mega Moolah - Mega Moolah was hit on Tuesday 25 April 2017 by a Tipico player playing on their mobile device, just over a month after a €6.6 million jackpot was collected in March. The pay-out of €8,012,153.35 is the largest mobile jackpot win in history, superseding Microgaming’s pay-out in August 2016 of €7,968,311.26.

NHL Odds: Young Oilers Face Veteran Ducks in Round Two - Game Two in Anaheim (10:30 PM ET on NBCSN) features the first and second ranked teams in the Pacific Division during the regular season, with only two points separating them. The Oilers edged the Ducks 3-2 in regular season games, outscoring them by a slim 14-12 margin. This series will be close, and Game Two will decide who has the edge heading back to Edmonton.

BitStarz Casino pays out nearly $100,000 over 2 days - They say lightning doesn’t strike in the same place twice, but it did at BitStarz as yet another player lands a massive payout on an Amatic slot!

Americas Card Room Online Super Series Starts Now - The OSS Cub3d is Americas Cardroom’s 3-part tournament series. It features the Mini Online Super Series (MOSS), the now-underway Online Super Series (OSS), and the upcoming Bigger Online Super Series (BOSS).

New Quick Seat feature at Ignition Poker - New Quick Seat feature at Ignition Poker.In order to ensure our poker players’ user experience is even more seamless, we’ve introduced a new feature in our poker software called Quick Seat for both Ignition Poker.

Finnish people prefer the government to run the casinos - Nordic countries have been, historically, the main markets for the online casino operators. The reasons for this are rather clear - these countries are very cold and people simply prefer to stay home and gamble than go outside to visit a casino.

New Era of Gambling. Now with Bitcoins. - It is not a secret that more than half of the bitcoin transactions have been related, at least somehow, to the online gambling activities.

NBA Odds: Chalk-Heavy Warriors Host Portland for Game 2 - The Golden State Warriors needed a strong fourth quarter to put away the Portland Trail Blazers on Sunday. But they still didn’t cover as 15-point home favourites in a 121-109 victory. Can they do better this Wednesday (10:30 PM ET, TNT) in Game 2 of their first-round playoff series?

Caesar’s Triumph Slot Launches - Caesar’s Triumph is new slot at Bovada that features the Roman dictator in all his glory. The action takes place on five reels where you’ll find 20 paylines and plenty of ways to spin your way to victory.

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