Thousands More Full Tilt Petitioners Reunited With Their Funds
October 6, 2015 3:33 pmMore than four years have passed since Full Tilt was shut out of the USA’s unregulated iGaming market, leaving thousands of its customers separated from their online funds. The situation was further compounded after it was discovered Full Tilt had mixed its customer’s money with its own operating funds, and that the business was no longer able to pay the money it owed.
Fortunately, Amaya Gaming bought both PokerStars and Full Tilt in 2014, and started making good on any outstanding balances soon after. In fact, the Canadian company is currently preparing to release a seventh batch of refunds amounting to $5.7 million to more than 2,000 petitioners, which includes those persons who initially disputed their refund totals, or who had information missing on their claim forms, as well as a number of late petitioners.
The latest tranche of reparations means over 40,000 Full Tilt customers have now received more than $100 million in refunds to date, leaving just 3,800 players unpaid. Commenting on the development, Poker Players Alliance President John Pappas said:
“This leaves about 3,800 petitions unresolved. Most of them are ‘new petitioners’ and there are some others, including pro players, who are mixed into that bunch. There was no timeline provided for those final petitions, but the expectation was that they could all be done at once.”
Anyone with any outstanding claim related questions are encouraged to either call 866-250-2640, or direct them to the following email, Info@FullTiltPokerClaims.com.
In the meantime, Full Tilt and PokerStars were finally granted a license to offer their iGaming products in New Jersey, in conjunction with land-based partner Resorts Casino. While PokerStars has continued to dominate the online poker industry since Black-Friday, however, Full Tilt has seen it share of the global market shrink, and the site has now slipped to just 9th on PokerScout’s ‘Online Poker Traffic Report’. It therefore remains to be seen whether Amaya Gaming will choose to solely promote its PokerStars brand in the Garden State, or if it will also attempt to revive its damaged Full Tilt brand.