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Repayment of French Full Tilt Players Set for Nov. 2

While rest-of-world Full Tilt players eagerly await for Nov. 6 to arrive in order to be reunited with their share of $184 million in payouts, players in France are apparently first in the queue and will be repaid commencing Nov. 2.

A recent statement released by French regulatory body ARJEL stated that “the date of effective implementation of the reimbursement process of players is Nov. 2, 2012.” The statement, first reported by Casino Choice, went on to say that an email “describing the course of this procedure will be sent by customer services to all PokerStars players involved.”

A statement issued by ARJEL last month indicated that PokerStars has established a trust fund to repay FullTiltPoker.fr players. Players will merely have to transfer the repaid funds from their Full Tilt account to a PokerStars.fr account. The relaunched Full Tilt will not be operating in France, Spain, Italy, Belgium, Denmark, or Estonia.

Players in those other countries, with the exception of Italy, will also be reimbursed through the PokerStars platform operating in those regions. PokerStars continues discussions with Italian regulators to devise an acceptable repayment plan. Full Tilt will not be available in the U.S. and players on American soil expecting reimbursement are waiting for further instructions from the DoJ on how to submit claims for their funds.

As per the agreement PokerStars made with the DoJ upon purchasing the assets of Full Tilt, all monies owed to rest-of-world players are due by Nov. 6. The countdown to the relaunch and infusion of $184 million into the online poker community now stands at 11 days.

 

 

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Charles Rettmuller

Charles has been an avid poker player for a number of years, both live and online. He holds a degree in journalism and previously worked as a reporter for a Chicago-based newspaper. Charles joined the PokerUpdate team in early 2012 and writes daily news articles for the site.

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