Full Tilt U.S. Players Still Waiting for Money
It has been over two years since the shutdown of Full Tilt Poker pursuant to the Black Friday indictments. Despite having a claims administrator appointed by the U.S. Department of Justice following the purchase by PokerStars who negotiated a settlement with the federal government that allowed them to take over the Full Tilt Poker brand, players have still not been paid yet.
According to sources, the Garden City Group who are the claims administrators for the U.S. player funds, are still sifting through the original players information that was handed to them from the U.S. DoJ.
Garden City Group is working through two government agencies (1) the Asset Forfeiture and (2) Money Laundering Section of the Department of Justice and the Asset Forfeiture Unit of the U. S. Attorney’s Office for the Southern District of New York, in trying to determine the appropriate settlement for players.
Some $184 million belonging to 1.3 million players is estimated for reimbursement. Former Full Tilt players who are expecting to be paid must register at a website, fulltiltpokerclaims.com. Once Garden City Group have made some complicated calculations, they will contact players that have registered on the website as to the next steps in the repayment process.