GGB is committed to providing updated news and analysis on our weekly news site, GGBNews.com.

Some U.S. Full Tilt Players to Get Paid

Full Tilt Poker will distribute about million to 27,500 U.S. customers under a decision announced by a court-appointed administrator.

The players’ accounts were frozen after the U.S. Department of Justice moved against offshore online gambling sites illegally operating in the U.S. in 2011.

The Poker Players Alliance, an advocacy group for online poker, praised the action, but added that there are still “several thousand” former Full Tilt players awaiting payment.

John Pappas, executive director of the PPA, said that there are between $50 million and $60 million in unclaimed or disputed funds that have not yet been distributed.

In 2012, the Justice Department announced a $731 million settlement with PokerStars and Full Tilt to resolve charges from the 2011 crackdown. Full Tilt also settled charges that it failed to maintain sufficient funds to cover players’ accounts.

Full Tilt agreed to forfeit almost all of its assets to the government. PokerStars then acquired Full Tilt.

    Recent Feature Articles

  • The King of London

    British casinos took a giant leap forward when Simon Thomas and his father Jimmy took over the fabled Hippodrome theater in London and created a casino for the new world

  • Finally Florida

    With the U.S. Supreme Court denying an injunction, Florida was added to the list of states that have legalized sports betting with a monopoly for the Seminole tribe

  • Less Is More

    How to solve the staffing conundrum

  • Thunder Down Under

    Is the Australian gaming market primed for a resurgence?

  • Cashless Connections

    As several cashless payment solutions compete and, in many cases, partner, the path to cash-free gaming accelerates