As we reported just over a week ago, the Garden City Group is prepared to send out the next wave of Full Tilt Poker payments this month. The GCG has now issued yet another statement on the Full Tilt Poker Claims Site and the payment date has been set for June 12.
$15 million will be paid to former Full Tilt Poker members based in the United States and the funds in this go round will be paid to petitioners who were approved for payment in the upcoming distribution. This will be players whose bank information was approved in the preliminary testing process.
According to the Full Tilt Poker Claims Site, not all players have provided bank account information that is both accurate and complete. These individuals have been approved for payment so the GCG sent out an email last Friday with instructions on what to do to update the account information so the group has the right information.
Players who fit into this category will be paid in the future and not in this round of distribution. If the bank information is not given to the GCG by June 25th, a check will be sent to the player to the mailing address that was included in the petition.
Since the beginning of the Full Tilt Poker repayment process, till now, former players from the United States have been given more than $80 million, with payments beginning this past March. Despite this massive amount of cash handed back out to players, there are still several groups who are waiting to be approved for repayment. Former professionals of the site, former affiliates and anyone with disputed balances still are unaware of their fate. The GCG is working on it, even sending petitions to the government, but there has yet to be an announcement on the subject.
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