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Poker News Briefs: First Wave of Full Tilt Refunds Reaches Players

by Haley Hintze

Full Tilt Remissions Administrator Wires $76M in Refunds – DOJ-authorized claims administrator Garden City Group has delivered the first wave of Full Tilt Poker refund payments to US players whose bankrolls on the online site have been in limbo since April, 2011.  On February 28th, GCG sent a total of about $76 million to more than 27,500 former FTP players. The mass refunds represent the first of several payment waves to be issued by GCG over the coming months, and represent those players who accepted the balances shown in Full Tilt’s system without protest. Players with disputed balances and players who enjoyed either affiliate or rakeback relationships with the site, which was at one time the second-largest US-facing online poker offering, are subject to lengthier, individual review.

 

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September 4, 2014 - 9:31am
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