Full Tilt Poker remissions process is now effectively complete. Andrew “luckychewy” Lichtenberger launches an interesting new poker site. These stories and more in today’s Hit and Run.
Full Tilt Poker Remissions Process Unlikely to Reimburse Much More
FlushDraw.net has reported that after a final round of payments in November, that the Full Tilt Poker remissions process is effectively complete. The process began in February 2014 when $76 million was repaid to former Full Tilt Poker players. Since then, an additional eight rounds of reimbursements paying $38 million have been made. In total, Full Tilt has paid nearly 45,000 accounts totaling $115 million over the last two and a half years.
When the process began, $160 million was set aside by claims administrator Garden City Group to pay eligible players that made claims, meaning that $45 million or so remains unclaimed or is not able to be claimed. It is likely that tens of thousands of player accounts with small balances are account some of the amount left unclaimed. In addition, some of the remaining unpaid funds comes from 1,600 plus accounts which were denied due claimers being a Full Tilt Poker owner, affiliate or other reasons.
Even though the vast majority of claims that will be paid already have been paid, there is still a small hope for those that have been denied. FlushDraw says that an unspecified number of denied petitions are still under active appeal. These are likely to be handled on a case by case basis, rather than another round of payments. Any funds not paid will be split between the Department of Justice and the Garden City Group.
— Andrew “luckychewy” Lichtenberger has announced the launch of his new poker site, LuckyChewyPoker.com. According to Lichtenberger, the new poker site is a site for the players, one with low rake and great rewards. The poker room, which has also UK license, allows players to be more interactive with the site, allowing for the posting of blogs, groups and other user-based content. At this time, the poker room is only accepting play money play but Lichtenberger has hinted real money play will come soon.
(1) Greetings everyone, I am pleased to announce that https://t.co/1QseAK7GeR is live with play money gaming for you to enjoy at this point
— Andrew Lichtenberger (@luckychewy) December 11, 2016
– With the European Poker Tour ending this December, PokerStrategy takes a look at the greatest EPT hands over its 13 seasons.
– Season 1 of the Global Poker League is now complete with the Montreal Nationals win earlier this month, but was it a success? The final attracted about 5,000 continuous viewers but only around 1,000 viewed the playoffs, which was less than lower stakes Twitch streamers. GPL head Alexandre Dreyfus is urging patience, saying the success of the GPL can’t be determined yet.
Regardless of what happens to the GPL, which also announced GPL China over the weekend, at least we got to see Aaron Paul play some poker.