PPA Pushes For US Full Tilt Player Rights

PPA Pushes For US Full Tilt Player RightsWhen Full Tilt Poker ran into financial difficulties last year, around 1.3 million U.S. players were left high and dry with the beleaguered poker room unable to refund them their $160 million bankrolls.
After 15 months of failed attempts to rescue Full Tilt, PokerStars finally succeeded in finalizing a deal to acquire its former nearest rival while settling all outstanding disputes with the US Department of Justice. The $731 million deal includes PokerStars refunding Full Tilt ‘Rest Of The World’ customers directly their full funds, whereas US players will have to deal with the DoJ.
To help with the process, the Department of Justice is now looking for a Claims Administrator firm to help deal with payments to former Full Tilt players, with the DoJ explaining that the candidate will need to “evaluate claims, and to process payments..obtain and evaluate information, such as financial transaction records, from claimants, and analyze information contained in user account records provided in database and other format by Full Tilt Poker.”
Undoubtedly, the whole repayment process would be much quicker if PokerStars handled the whole affair, but the DoJ insistence in being involved without giving an explanation for its decision has created concern amongst the poker community that they may receive only a fraction of their missing money, or even worse just their initial deposit minus any winnings.
Weighing in on the confusion is the Poker Players Alliance (PPA), which has offered to assist the DoJ in any way possible, as well as ensure players receive 100% of their funds. In this regard, the PPA has highlighted the fact that the PokerStars and Full Tilt deal  permits the companies to operate in the US market in the eventuality of online poker legalization. As PPA Executive Director John Pappas explained recently:
“The Justice Department could have very easily banned PokerStars and Full Tilt Poker from the United States forever, yet it chose not to. It chose to clearly recognize that online poker can and should be a viable industry in this country…It would be unfair for players who were successful online to be shortchanged from what they have rightly won, and quite honestly, lawfully won.”
With the whole affair is about to go through a protracted process, it is at least good to know the PPA are doing their utmost to fully represent poker players and ensure consistency in the DoJ’s approach to its US players.

Other news:   Poker Hall of Fame nominees announced

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