Full Tilt payments at least a year away for Americans

[The Buzz]

Claims administrator Garden City Group told Card Player that Americans waiting for payments from their Full Tilt Poker accounts are going to have to wait another year.

According to an unnamed supervisor at GCG, the process will “most likely” take longer than a year, probably longer. In some instances, it’s taken GCG more than two years to process claims.

“There are no dates set in stone as of yet,” he said. “We haven’t even begun the claims process.”

The massive amount of Full Tilt player data is the largest obstacle currently delaying former Full Tilt Poker players from receiving money owed. Non-American players were paid last November through PokerStars, which bought Full Tilt Poker’s assets from the Government when it settled with the DOJ for $731 million last year.

It’s estimated that about 1.3 million players have money caught in this net.

Full story here: http://www.cardplayer.com/poker-news...year-for-funds

[ocreditor]

Wow - thanks for the update.