Full Tilt Poker Releases Update on Player AccountsOnline Site Credits Tournament Tickets and Dollars into Cash |
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At just after 3 p.m. PST on Friday, Full Tilt Poker released updates on the situation regarding its player’s Ticket and Tournament Dollars, as well as its Black Card and Iron Man promotions.
In an email to players, the site states that it has “converted any Tickets or Tournament Dollars in your account to cash.” Tournament Dollar balances have been converted at a rate of $1 for every T$1. Also, each Tournament Ticket has been credited at full cash value. Ring Game Tickets which expired after April 15 have been credited at their initial cash value, or at their current value if partially used. In addition, Full Tilt Poker states on its FAQ page that Black Card and Iron Man statuses will be maintained.
The site maintains its official stance on cash outs: Since April 15th and the days immediately following, Full Tilt Poker faced numerous challenges and hurdles to ensuring the smooth operation of its international business and the orderly return of US player funds. FTP has worked tirelessly to address these issues and has made significant progress on both fronts. FTP’s international business operations are returning to normal while we focus on ensuring the safe and orderly return of US player funds. We are absolutely committed to making sure that US players are refunded as soon as possible. We apologize for the delay and the fact that we underestimated the time it would take to work through these issues. We will update our US players when we have more specific information to provide.
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