Full Tilt Remission Claims Still Being Accepted
Despite the fact that the deadline for U.S.-based players to submit online applications for Full Tilt Poker remissions passed last weekend, the company that the United States Justice Department appointed to oversee the entire process, Garden City Group, is still continuing to accept petitions.
FAQ updated to reflect current status
On the official Full Tilt Poker remissions web site, the FAQ section notes that although the deadline was last Saturday, November 16, players who believe they have a valid claim are encouraged to submit their information. The company, however, makes no assurances that those who are filing after the deadline will be able to collect the value of their accounts.
According to the remission web site. “The deadline to submit a Petition for Remission was Saturday, November 16, 2013. If you have not yet submitted your Petition, you may still do so. However, please be advised that there is no guarantee that late-filed Petitions will be accepted.”
Refunds expected to be dispersed in March of 2014
As for those who have already submitted their claims, payments are expected to be processed early next year, specifically in March.
Though the final leg of the journey to recover their funds is a relatively short one, by the time Full Tilt accountholders in the United States realize their refunds, nearly three years will have passed since the United States Justice department shut down Full Tilt and other real money U.S.-facing online poker rooms as part of a sweeping crackdown on offshore gambling companies that continued to offer games to American players after 2006.
2006 was the year that Congress passed the Unlawful Internet Gambling Enforcement Act, a law that limits certain transactions related to online gambling while not making the placing of such wagers explicitly illegal. Five years later, on April 15, 2011, a day that will forever be known in the poker world as Black Friday, the government shuttered the sites and froze player funds at that time.
Three U.S. states now allow real money gambling
In 2011, the Department of Justice issued an update declaring that the 1961 Federal Wire Act applied only to sports-betting, clearing the way for states to being regulating other forms of real money online wagering, including online poker.
So far, three states have done just that. Though the nascent U.S. online betting industry is small potatoes compared to well-established European online poker markets, Delaware and Nevada have both successfully launched real money gambling sites.
Today also marks a historic day for the third state to enact such legislation, New Jersey.
The soft launch, or testing period, for brand-new real money gambling sites in the Garden State begins today. The soft launch period will last for the next five days, during which invited players will test out the software during specific time periods ahead of the full scale opening of the sites, set to take place on November 26.
At that time, anyone is welcome to try their hand – pun intended – at the sites, so long as they are physically located within the borders of New Jersey while doing so and are over the legal age of twenty-one.