Garden City Group confirms second round of Full Tilt payments

Garden City Group confirms second round of Full Tilt payments

Friday, April 4, 2014 Totally Gaming

Garden City Group, the legal administration firm dealing with customers of Full Tilt Poker, said they had completed the second round of payments, and issued a further $5m to around 2,200 accounts. This follows a first round of payments that totalled $74m in late February.

A total of around $81m in payments has now been distributed to just under 30,000 accounts.

US customer accounts have been frozen since 2011 due to a criminal case.

Prosecutors had accused Full Tilt, as well as fellow online operators PokerStars and Absolute Poker, of circumventing federal laws against online gaming by deceiving banks and credit card issuers into processing payments for US players.

In July 2012, the Justice Department announced a $731m settlement with PokerStars and Full Tilt to resolve the allegations.

Latest
No alternative text provided

The Stars Group raises key funds as Czech expansion is unveiled

No alternative text provided

Ambitious 2020 target for M&A hungry Catena Media

SportPesa and Microgame combine for Italian expansion

No alternative text provided

Gambling.com eyes aggressive growth with Fredrik Burvall appointment

Gaming Products & Services Directory

The essential directory for the gaming industry