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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 :

NHL Odds: Penguins vs Rangers - The 27-18-7 Pittsburgh Penguins have won six of their last seven games to move back into third place in the Metropolitan Division. On Wednesday (8 PM ET, NBCSN), they'll visit the second-place New York Rangers, who have won six of eight to improve to 30-18-5.

NCAAB Odds: Tigers Roar Heading into South Carolina - The LSU Tigers are at the top of a crowded SEC with the South Carolina Gamecocks just one game behind. The Tigers, led by super-freshman Ben Simmons, travel to face the Gamecocks on Wednesday in one of the marquee matchups of the midweek schedule. Tip-off is at 7 PM ET.

HB619 Updates : Pennsylvania sports betting bill - Legalised sports betting in Pennsylvania took another tentative step forward Tuesday when the state House Gaming Oversight Committee voted strongly to progress HB619

UNIBET POSTS A STRONG FOURTH QUARTER - #unibet Online gambling group Unibet has published a strong set of fourth quarter and full year results, highlighting the following achievements:

Pokerstars 10th anniversary Sunday Million $10 Million Guaranteed - On March 20 this year Pokerstars intends to celebrate the 10th anniversary of its popular $215 Sunday Million online poker tournament in a big way...it has allocated a massive $10 million to the guaranteed prize pool, ensuring that the winner will walk away withat least $1 million.

SBTech signs deal in Latin America - #SBTech Sports betting software supplier SBTech has signed exclusive agreements to provide two of Latin America's biggest regulated operators with its award-winning omni-channel sports betting solution.

Dansk Underholdning Launches - NYX Gaming Group has announced the launch of Dansk Underholdning on its OGS platform, with a full suite of games suitable for the expanding Danish iGaming market.

Pokerstars to remove regular heads up cash games - Regular heads up players were told in email communications that as of Friday 12th February No Limit Hold'em, Fixed Limit Hold'em and Pot Limit Omaha Heads-Up regular tables will be removed and will be replaced with Zoom pools.

Unibet to Renovate Maria Brand - Online gambling operator Unibet has announced that it is to renovate its subsidiary online brand Maria later this (February) month in a project that will include a new website and brand refurbishment to make the operation more appealing to both men and women.

PBS Frontline New York AG case against DFS - #draftkings #fanduel Tuesday night's much anticipated PBS "Frontline" examination of the daily fantasy sports phenomenon provided a useful platform for New York Attorney General Eric Schneiderman to pre-publicise his judicial action against leading operators

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