This week has seen those responsible for administering the claims US players had outstanding against Full Tilt poker announcing that payments would commence in February. Full Tilt had all of their funds seized the US justice department last year and until Rational Entertainment purchases Full Tilt player funds were at a loss.
The Department of Justice has now been advised that the initial round of payments will be awarded to players, which to date exceeds 30,000 with claims totalling in excess of $80 million. Those who have completed claims correctly will be paid first, those who have failed to complete claims correctly will then be paid at a later date is approval of their claims is determined. This is expected to occur inside of 3 week with payments completed by the end of March.
There is instructions advising players to check the website for updates relating to payments and the time for processing those payments, which will be by check or directly to player bank accounts. Only those applicants who met the deadline for claims will be considered. Those who failed to submit in time will forfeit any funds owed.
Full Tilt is once again operating under new management but has struggle to regain a loyal following since its initial demise.