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Poker news tagged with 'department of justice'

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News tagged with department of justice:
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jan
24

Black Friday: DOJ Approves Release of $82m for 30,000 US Full Tilt Poker Players

Tags: black friday, department of justice, doj, full tilt poker, john pappas, poker player alliance
Posted on 24 January 2014 by "T".

Here's some great news for US players will money tied up at Full Tilt Poker since Black Friday. According to a report from the Poker Players Alliance (PPA), the Department of Justice (DOJ) has approved the release of $82 million in funds to about 30,000 players in the United States. John Pappas, Executive Director of the PPA, announced the good news through a poker forum on Wednesday.

"Yes good news. I spoke with AFMLS/DoJ staff today and they informed me that they have approved approximately 30,000 undisputed player claims totaling approx $82 million dollars in remissions. Garden City should be making a formal announcement on its website within the next 24 hours. Players with undisputed claims should be looking for an email from Garden City Group within the next few weeks with instructions on how to receive their payment. The DoJ could not provide me with a definitive date on when these emails will go out and when payments will be processed. But it looks like it will be in advance of their March 31 deadline."

jul
30

Full Tilt to Reopen in November?

Tags: black friday, department of justice, doj, full tilt poker, group bernard tapie, pokerstars
Posted on 30 July 2012 by "T".

Last Friday it was reported by numerous sources that PokerStars had finalized a deal with the United States Department of Justice (DOJ) to pay back frozen Full Tilt Poker player funds. Besides that, some people claimed that Full Tilt Poker will be back online in November this year.

The rumor that PokerStars is interested in buying Full Tilt Poker started popping up already in April this year. It came as a huge surprise since the French investment group Group Bernard Tapie had been the potentional buyer for several months. Something that added fuel to these rumors was when Alex Dreyfus, CEO of Chili Gaming, wrote that PokerStars had paid $750 million to acquire Full Tilt and settle its outstanding legal issues with DOJ.

 

apr
20

2004 WSOP Champion on FOX Business

Tags: 2004 wsop, department of justice, fbi, fox business, greg raymer
Posted on 20 April 2011 by "T".

Almost a week has now passed since F.B.I. and the Department of Justice closed down PokerStars, Full Tilt Poker and Absolute Poker due to suspicion of bank fraud, illegal gambling offenses and laundering millions billions in illegal gambling proceeds etc. Yesterday, the 2004 World Series of Poker Champion Greg Raymer went on Fox Business to discuss Friday's poker indictment.

Read more » 2004 WSOP Champion on FOX Business


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