Full Tilt Poker Money Denied To 1,500 PlayersVictims Have 10-Day Window To Appeal |
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Garden City Group said last week that roughly 1,500 petitions that were filed to recover Full Tilt Poker funds have been denied by the federal government.
“GCG has been informed that the Department of Justice Asset Forfeiture and Money Laundering Section has denied approximately 1,500 petitions,” a statement dated May 6 reads. “Petitioners flagged for denial have been notified via email. Please be sure to check your email account’s spam or junk folder to ensure the message was not filtered. Denied petitioners have 10 days to appeal the decision.”
An update in March indicated that some petitions had “deficiencies.”
Card Player contacted GCG on Monday, but the claims administrator said it was unable to provide an explanation at this time as to why the petitions were denied.
The dollar amount from the 1,500 failed petitions wasn’t released.
According to GCG in March, 94 percent of all petitions filed to reclaim Full Tilt Poker money have resulted in payment. Those successful petitions amount to roughly $112 million.
The federal government said that $159 million was stolen from Americans by Full Tilt Poker when it was under previous ownership. The site is owned these days by Amaya Gaming Group, which is planning to retire Full Tilt’s poker platform later this month.