Tuesday June 11,2013 : U.S. FULL TILT PLAYERS MAY HAVE A WHILE TO WAIT YET FOR PAYMENT
Claims administrator says federal officials are still working on the refund formula.
It's been almost a year since Pokerstars' parent The Rational Group gave the US federal authorities hundreds of millions of dollars to clear the way for its acquisition of Full Tilt Poker, yet US players have still not received back their account balances.
Nor are they likely to in the near future, the claims administrator appointed after a looooong process by the feds told media this week.
The problem, according to administrator the Garden City Group, is apparently that federal officials are still trying to finalise a refund formula for the huge amounts of money currently in their possession and earmarked for FTP customers.
Garden City says that the owed players will probably not see their cash until late next year or perhaps not even until early 2015.
Non-US players were settled directly months ago by Pokerstars.