Full Tilt Poker Claims Administrator Releases Updates For Remissions Process

Full Tilt Poker Claims Administrator Releases Updates For Remissions Process February 4, 2014 February 4, 2014 Tim Glocks https://www.poker-online.com/author/tim
Posted on  Feb 4, 2014 | Updated on  Feb 4, 2014 by Tim Glocks

full tilt pokerFull Tilt Poker players have been anxiously waiting for both news and the remission of their outstanding cash. A few days ago, the Garden City Group (GCG), updated its website and released more information on the current state of the remission process and what Full Tilt Poker players can expect in the near future. The GCG is acting as the official Claims Administrator after the United States District Court for the Southern District of New York authorized it to act on behalf of Full Tilt Poker.

The first announcement made by the GCG confirmed that ex- US customers of Full Tilt Poker who have been approved for reimbursement will automatically have a deduction made to their amounts depending on whether they have any outstanding debts with the U.S. government.

If they do have an outstanding amount, that will be deducted from the Full Tilt Poker reimbursement claim via the Treasury Offset Program (TOP) and the balance amount will be remitted accordingly.

There are more than a few poker pros who have not been too happy with these announcements either because they have not been authorized for reimbursement or because they feel that the process adopted has not been entirely fair. The GCG put on a statement which read

Please be advised that a review is still underway concerning those players who were flagged by FTP as Pros. Once this review is complete, a separate notice will be sent to Pros who are deemed eligible to file a Petition for Remission and they will have 30 days from the date of the notice to file a Petition.

The second announcement made by the GCG governs Full Tilt Poker affiliates. Earlier, all affiliates and “red pros” were not eligible for any reimbursement amount. After strong discussions with the Poker Players Alliance, this restriction was removed and affiliates will now be able to send in their reimbursement claim. However, it is important to note that affiliates are only qualified to receive refunds for money earned via poker play and not from their affiliate business.

The GCG confirmed that it had sent out 8,400 emails on the 31st of Jan 2014 to poker affiliates informing them of this new development and giving them further instructions on how they should go about filing their reimbursement claim. The deadline for filing these affiliate reimbursement claims in the 2nd of March 2014.

Tim GlocksAuthor

Tim Glocks is a retired professor, he currently contributes to Poker-Online.com. Tim enjoys playing poker and has taken it up as a hobby since his retirement. He has taken part in many online tournaments and has become a veteran in a short space of time. Visit Tim’s google + page here