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Found 14 results

  1. According to a message posted on the official Full Tilt Poker claims website, the second round of payments issued to former US Full Tilt players totaled $5 million. The distributions were made on April 1 and Garden City Group, the appointed claims administrator in the case, sent 2,200 of them for an average of $2,272 each. The first round of payments was sent on the final day of February to 27,500 claimants and totaled $76 million, which brings the cumulative amount paid back to $81 million. According to Garden City, "On April 1, GCG issued approximately 2,200 payments totaling appro
  2. It's almost the three-year anniversary of Black Friday and, seemingly just in time, more US players are reportedly in line to receive their Full Tilt Poker refunds. This time around, according to the Vice President of Player Relations for the Poker Players Alliance Rich TheEngineerMuny, players with minor banking errors that are now corrected will be paid out. The time frame: around the end of March, which is next week. Muny told PocketFives that players with undisputed petitions that had significant banking omissions are in line to be paid back as well, although potentially not at the end
  3. According to an update posted on the official claims website for US Full Tilt Poker players, another round of refunds is scheduled for mid-June. This time, Garden City Group, the appointed Claims Administrator in the case, will refund $15 million over 3,500 payments, or an average of $4,300 per claim. Over $80 million has been sent to players thus far, meaning that once the latest round of refunds is accounted for, nearly $100 million will have been paid back to former US Full Tilt customers. As for who will receive money in a few weeks, Garden City Group explained that it's earmarked fo
  4. The Garden City Group, the firm appointed by the Department of Justice to serve as the Claims Administrator for US Full Tilt Poker fund reimbursements, posted a notice on its website, FullTiltPokerClaims.com, that the final deadline for claims is imminent. --- PocketFives' news coverage is brought to you by Betsafe, one of the leading suppliers of online gaming products worldwide and a major sponsor of Gumball 3000. Sign up now for great bonuses, €3,000,000 guaranteed monthly, and plenty of live events! --- The site read, "Please note that the final deadline for all petitio
  5. According to the most recent update on the official FullTiltPokerClaims.comwebsite, another $2 million will be distributed to 600 US claimants by the end of September. In case you're wondering who will be paid this time around, text found on the site explains that the $2 million is earmarked for those who "confirmed their FTP Account Balances. GCG is currently working with the bank selected by the DOJ to set up the payment process. GCG expects to issue payments via ACH before the end of September 2014." --- PocketFives' news coverage is brought to you by Betsafe, one of the leading suppl
  6. In a notice posted on FullTiltPokerClaims.com, the Garden City Group, the appointed Claims Administrator for US Full Tilt refunds, issued a warning on Monday to petitioners who failed to provide correct social security information. In fact, giving incomplete or incorrect social security information could result in a player's claim being denied. "Petitioners with an incomplete or incorrect Social Security Number will have their petition recommended for denial," the statement read. "As explained in FAQ Number 17 on this website, prior to the payment of funds to a petitioner, GCG is required t
  7. According to an email that a member of PocketFives received in recent days, the first payments sent to US players with disputed Full Tilt balances will go out no later than March 2015. How many players will be included in the initial distribution and what kinds of disputed claims will be paid out are not known. The email sent from Garden City Group, the appointed Claims Administrator for Full Tilt, to the member of PocketFives read, "Thank you for your email. GCG is still working with the Department of Justice to evaluate disputed and new petitions. Currently, we do not have an exact timeli
  8. In a thread on PocketFives, the Poker Players Alliancehas confirmed that the first round of disputed Full Tilt payments for US players "is on track" to be sent by the end of March. PPA Executive Director John Pappas broke the news and relayed, "This will include payments to about 3,500 FTP customers totaling nearly $3 million in remission. The vast majority of these customers (approximately 3,100) are people who confirmed inaccurate information to Garden City, such as a Social Security Number or bank account information." Pappas said that the other 400 recipients of funds are players wit
  9. According to the Poker Players Alliance(PPA), the next wave of Full Tilt Poker refunds for US players will be sent out by the end of August at the latest. This time around, 2,000 petitions totaling $4 million will be distributed. PPA Executive Director John Pappas told PocketFives on Tuesday, "The current pool under review includes 1) some petitioners who disputed their petition based on an incomplete withdrawal that we have subsequently been able to match to FTP data; 2) petitioners who filed without login credentials that have been matched to FTP accounts and either claim the balance on
  10. According to Garden City Group, the appointed claims administrator for US Full Tilt Poker refunds, 80% of petitions have been paid back. The most recent round of payments came on March 31 and was the first destined for players with disputed totals. There were 3,100 payments sent totaling $2.5 million. Two more dates are now in sight for those players who are still owed refunds. According to Garden City Group, "If you received a notice that your bank account information is incorrect or incomplete, please update your account information online by April 16. If you received a notice because you
  11. The Garden City Group(GCG), the Full Tilt Claims Administrator authorized by the United States Attorney for the Southern District of New York, posted an update on its site on Monday with information about the next round of payments. The key portion of the statement reads: "GCG has been informed that the Department of Justice Asset Forfeiture and Money Laundering Section has approved a new round of payments, which will mark the commencement of payments to Petitioners who have disputed their FTP Account Balances. In addition, payments will be made to Petitioners who have confirmed their FTP A
  12. [caption width="552"] 1,180 U.S. players and Professionals of the old Full Tilt Poker will be getting refunded soon[/caption] More money from the old Full Tilt Poker, the one that fled the United States on Black Friday and was subsequently found to be insolvent, is headed to former United States-based players and pros. According to FullTiltPokerClaims.com, the website run by Full Tilt claims administrator Garden City Group, 1,180 petitions will be filled as part of a new wave of payments. This group of petitions totals $2.6 million, an average of $2,200 per claim. At least three groups
  13. [caption width="640"] Players with balances on AbsolutePoker and UB can now apply for a refund through the US Department of Justice.[/caption] Just five days before what will be the sixth anniversary of Black Friday, online poker players affected by the shutdown of AbsolutePoker.com and UB.com have gotten good news from the United States Attorney's Office or the Southern District of New York. Beginning immediately, players who had funds on AbsolutePoker.com and UB.com on April 15, 2011, can apply to have their balances refunded to them via AbsolutePokerClaims.com. The US Department of
  14. [caption id="" align="alignnone" width="640"] Leon Tsoukernik found himself the center of the attention in the high stakes cash game world for all the wrong reasons.[/caption] As the final days of 2017 slowly tick by, it's time to take a look back at the year in poker. Over the last 10 days of the year, PocketFives is taking readers on a trip back in time to recap the last 12 months in a fun and unique way. We'll get things started by looking back at the five biggest off the felt news stories of 2017. #5 - Australian Government Bans Online Poker American poker players know all too we
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