#Full tilt poker refund update update
#Full tilt poker refund update full

However itРІР‚в„ўs likely substantially more than the number of former Full Tilt customers who filed claims. The total number of players owed money by Full Tilt Poker isnРІР‚в„ўt known. 28, 2016: 1,000 players were sent $2.7 million.Р”Р„t the end of the remission process, any unpaid money will be split between the Department of Justice and Garden City Group. April 1, 2014: 2,200 players were sent $5 million.The subsequent rounds of payments have been on a much smaller scale, but altogether total a hefty $38 million: 28, 2014, when GCG sent more than 27,500 players more than $76 million. Most of the money was sent in the first wave on Feb. This brings the total number of refunded players up to around 45,000, and the total amount of money refunded to roughly $114 million.Р’В That is roughly 72 percent of the total amount believed to be owed ($160 million) to US poker players by Full Tilt Poker. Accordingly, the Petition for Remission process is now closed and filed Petitions will no longer be accepted.РІР‚Сњ РІР‚СљAll Petitions have been reviewed and, with this round of payments, approximately 97% of Petitions will have been paid and 3% have been denied.

#Full tilt poker refund update update

This latest update would have likely gone unnoticed if not for Haley Hintze over at Flushdraw.Р”Р„ccording to an announcement on the GCG website:

These most recent payments total approximately $2.7 million.Р”Р„s the remission process dragged on, and fewer and fewer people waited for their refunds, the poker communityРІР‚в„ўs attention waned. In October, the Garden City Group (GCG)Р’В - selected by the DOJР’В to handle the remission process way back in 2013 - announced the ninth and likely final wave of refunds to affected players. Black Friday in 2011 caught American online poker players completely unaware and cut off from their online poker accounts at Full Tilt Poker.Р”Р‡or 97 percent of complainants, the fight to reclaim that money is now over, including another 1,000 people who received the good news that their remission claims had been approved just six weeks ago.

ItРІР‚в„ўs been more thanР’В five years since the US Department of Justice shut down the major online poker sites operating in the US.