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Full Tilt Payments to Take A Year or More - Why So Shocked?

21 July 2013 , By: compncards
Cardplayer dropped the bomb on former US Full Tilt Poker players last week when they said that it would be a year or longer before payments would be made. This has brought a lot of anger from players across the nation, but it really shouldn't be that big of a surprise. *Why So Shocked?* It has only been four months since the DOJ approved Garden City Group as the settlement firm. Some people completely expected to have been paid in full before now.
Categories: Black Friday, Full Tilt Poker, Garden City Group

Americans Continue to Wait for Full Tilt Poker Refunds

2 July 2013 , By: compncards
Americans Waiting
Back in March, the United States Department of Justice announced that the Garden City Group (GCG) would be utilized to process remission claims for former American players at Full Tilt Poker. At that time, the website FullTiltPokerClaims. com was setup and players were urged to register for further updates. More than 3 1/2 months have passed with very little information coming from the company in terms of when the process will begin and if an article at PokerUpdate.
Categories: Black Friday, Full Tilt Poker, Full Tilt Poker remission process, Garden City Group, United States Department of Justice

PokerStars Spending $750 Million to Become Virtual Online Poker Monopoly?

1 25 April 2012 , By: compncards
PokerStars Pac Man 389x300
I woke up on Tuesday around Noonish and sat down to my computer to see what the current buzz was regarding the poker world. As some of you know, I do some legal article writing for another site and when I sat down to look at that site's twitter, there were 125 new tweets to read. Immediately I knew something was up and then I see it. "PokerStars Purchases Full Tilt Poker for $750 Million.
Categories: Black Friday, Full Tilt Poker, Online Poker Monopoly, PokerStars, PokerStars Buys Full Tilt, PokerStars Purchases Full Tilt Poker

Prosecutors Aren't Walking Away From Campos - He's Just Not that Important

29 March 2012 , By: compncards
Campos DOJ Doesnt Care
Earlier today, Federal Judge Lewis Kaplan "delayed" the plea bargain agreement of John Campos after outright calling out the federal prosecutors on the leniency of the agreements. Kaplan outright asked the prosecutors whether or not they were walking away from prosecuting Campos (and subsequently Elie as well) and they essentially replied that there were risks that Campos and Elie's claim that they received legal advice stating that online poker was legal would cause problems for a jury. *Cue records scratching noise* Wait, you mean that one of those last ditch effort motions actually was somewhat legit? Out of everything that was motioned from the UIGEA being illegal to poker's legal status, it was the supposed "legal opinions" that was the hangup? The prosecutors claim that they were mainly going after the online companies that duped US banks into processing illegal payments and that Campos came in at the tail end of the conspiracy. In layman's terms for those that don't speak legal gibberish, they basically said Campos was not really that big a deal to them and that they wanted the other guys.
Categories: Black Friday, Black Friday Indictments, John Campos

Conviction Parties at the DOJ Underway

20 December 2011 , By: compncards
US DOJ 1 - Online Poker 0 Cue "Party at the DOJ" [youtube]http://www. youtube. com/watch?v=XYiy7L1grVk[/youtube] *Brent Beckley* pleaded guilty yesterday to conspiracy charges stemming from the Black Friday indictments on April 15th. Where are the people that claimed that none of the sites or processors would receive jail time? Where are the people that claimed that the UIGEA was a bad law with no teeth? The realists among us knew that the Black Friday indictments were not only bad news for the industry but also would likely result in at least some convictions.
Categories: Black Friday, Black Friday Indictments, Brent Buckley

KGC Demands DOJ and UB Conclude Negotiations

29 October 2011 , By: compncards
kgc
Looks like the Full Tilt Poker press release writer got a new job working for the Kahnawake Gaming Commission. The following was the press release sent out by the KGC on Friday: "Since the actions taken by the US Attorney'€™s Office for the Southern District of New York (the SDNY€) on April 15, 2011, the Commission has been in close and regular discussions with its licensee, Blanca Games Inc. (Blanca€), operating as Absolute Poker and UB. com (€œAP/UB€), to facilitate the reimbursement of both US and non-US players.
Categories: Black Friday, DOJ, Kahnawake Gaming Commission, KGC, UB

Are We Telling the DOJ Which Online Poker Sites to Target?

9 September 2011 , By: compncards
Merge USA
Sometimes I wonder how much poker news sites are helping to contribute to the visibility of certain online poker sites in the USA[[sitetree_link,id=596]] to the US government. Granted, the DOJ knows what sites are out there, but in all truthfulness, they don't even have to do that much research about which sites are doing well. Hell, we tell them. For example, Pokerscout releases a weekly report about online poker traffic.
Categories: Black Friday, Merge Gaming Network, Online poker, online poker indictments

Full Tilt Poker and I Seem to Face the Same Problems

16 May 2011 , By: compncards
BS
My editor here at PokerJunkie told me to do a blog, and I told him that I would have an announcement about the blog on Sunday. Well, late Sunday, I sent my boss the following email. "Since you sent me the email to write a blog for Poker Junkie, I have faced some issues in writing the blog. I worked tirelessly to address these problems and have made significant progress.
Categories: Black Friday, Full Tilt Poker, Online poker, online poker indictments
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