To claim the money they lost, players who still had account balances at Absolute Poker would need to file a Petition for Remission found on the site. Of these claims, GCG approved 44320 which then resulted in a payout of more or less $118 million.
FULL TILT POKER REFUND FULL
Full Tilt Poker was the first to process the repayments for 53220 claimants that were reviewed by the Garden City Group in March 2013. Thankfully, the DOJ ruled that the players were entitled to recover the funds that they lost due to the closure. As a result of the shutdown, players registered on those sites were unable to recover their funds. This led to the immediate shut down of the PokerStars and Full Tilt Poker sites followed by Absolute Poker’s. The DOJ sent out a 52-page indictment of the three sites’ top executives and also lodge a civil complaint against their respective companies. Six years ago, sites like Full Tilt Poker, Absolute Poker, UltimateBet, and PokerStars got shuttled down by the DOJ and the FBI for violating the Unlawful Internet Gambling Enforcement Act.
As of this writing, the GCG already has a dedicated website (to accommodate players/victims’ claims. A press release issued by the DOJ detailed how the government will have the Garden City Group (GCG) take charge of the compensation process. Victims of Absolute Poker’s Black Friday fraud in 2011 just received great news as the US Department of Justice announced that they were going to have a chance to recoup their lost account balances.
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