Some U.S. Full Tilt Players to Get Paid

Full Tilt Poker will pay out $76 million to about 27,500 U.S. players who have had their accounts frozen since 2011. A court-appointed administrator announced the decision.

Full Tilt Poker will distribute about million to 27,500 U.S. customers under a decision announced by a court-appointed administrator.

The player’s accounts were frozen after the U.S. Department of Justice moved against offshore online gambling sites illegally operating in the U.S. in 2011.

The Poker Players Alliance, an advocacy group for online poker, praised the action, but added that there are still “several thousand” former Full Tilt players awaiting payment.

John Pappas, executive director of the PPA, said that there are between $50 million and $60 million in unclaimed or disputed funds that have not yet been distributed.

In 2012, the Justice Department announced a $731 million settlement with PokerStars and Full Tilt to resolve charges from the 2011 crackdown. Full Tilt also settled charges that it failed to maintain sufficient funds to cover player’s accounts.

Full Tilt agreed to forfeit almost all of its assets to the government. PokerStars then acquired Full Tilt.

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