In a further development in the Full Tilt Poker story, the United States Department of Justice has advertised the position of “Independent Claims Administrator” to organise the process of refunding players owed money by Full Tilt Poker. The ad appeared on the Southern District of New York US Attorney’s Office website. The person appointed will have to “design and execute a process to solicit, receive and evaluate claims and to process payments, for losses incurred by U.S. victims”.
The job also involves the need for the claims administrator to “obtain and evaluate information, such as financial transaction records from claimants and analyze information contained in user account records provided in database and other formats by Full Tilt Poker.” The closing date for applications is the 31st of August 2012. The applicants must also provide proof of their qualifications and experience in the online poker industry as well as experience as a claims administrator. They must also reveal any links to any online gaming sites in particular Full Tilt Poker, Absolute Poker and Poker Stars.The money to repay the American players on Full Tilt Poker, who have had their accounts blocked since “Black Friday” in April last year when the federal authorities closed down Full Tilt Poker, Poker Stars and Absolute Poker, is being held by the American authorities.
This money has come from a deal recently reached between the United States Department of Justice and Poker Stars whereby Poker Stars is to pay 547 million dollars to acquire Full Tilt Poker. Part of this amount will be used by the government to repay the almost 159 million dollars owed to approximately 1.3 million ex-Full Tilt poker players in the United States. Agreement has also been reached that Poker Stars will pay about 184 million dollars owed to players who live outside the United States.It is hoped that those players who are owed money by Full Tilt Poker will be repaid in full as soon as possible. However with a closing date for claims administrator applications set for the end of August it looks as if they will have quite a wait to be reimbursed fully.