GCG to Issue More Full Tilt Poker Payments on June 12

Share:
The GCG is warning that not all "approved for payment" Petitioners have provided complete and accurate bank account information.

A new round of Full Tilt Poker payments of approximately $15 million will be distributed by the Garden City Group this coming Thursday, June 12.

The funds will cover “Petitioners who have been approved for payment in the upcoming distribution and whose bank account information has passed the preliminary testing process,” according to an updated statement published on the fulltiltpokerclaims.com website.

The GCG is warning that not all “approved for payment” Petitioners have provided complete and accurate bank account information.

According to the GCG, email notifications were sent to those individuals last Friday, with instructions on how to update bank account info that was incorrect.

The notice stated that such individuals will receive payment in a future distribution. If the Group does not receive updated bank account data from those Petitioners by June 25, it will send a check to the corresponding mailing address included in the petition.

To date, more than $80 million has been returned to former US Full Tilt Poker players who lost access to their account funds following Black Friday. The first round of payments was issued this March.

Three major groups—former FTP Pros, affiliates and those with disputed balances—have yet to be approved for remission.

The GCG previously announced that it will send petitions from these groups to the government for approval, however no statement regarding their approval or denial has been issued at this time.

Comments