Full Tilt Poker, no longer Tilt-ed

Aug 7, 2012 3:00 AM

Last week in Washington, D.C., it was announced that PokerStars has purchased the assets of Full Tilt and settled that company’s legal disputes with the U.S. Department of Justice.

John Pappas (right), executive director of Poker Players Alliance, the leading poker grassroots advocacy group in the nation with more than one million members nationwide, supported the decision, which means tens of thousands of Americans will be able to seek reimbursement of the more than $150 million owed to them since April 15, 2011.

“We applaud that the parties made a process for the restitution of the players a central component of the agreement, and appreciate the government’s commitment to the fair treatment of the players,” Pappas said. “At the same time, let’s remember that Americans still remain unable to play poker with safe and secure online sites based in the U.S. – a freedom and consumer protection they should not be denied.

“The PPA and its members continue to urge Congress to quickly enact thoughtful legislation to create a licensed and regulated U.S. online poker market that restores Americans’ freedom to enjoy a game of poker from their home computer,” Pappas said.

The government has not yet released the precise details on how reimbursements will occur. It is the PPA’s position that the government must take all steps necessary to ensure the process for the players to recover their full funds is not unduly burdensome.