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Pokerstars Plan To Repay Full Tilt Poker Players

Written By: Maya Michaels | September 26, 2012 | Posted In Poker News

Pokerstars has publicized their intent of paying off all the players of Full Tilt Poker that are located outside of the United States. The $184 million program is a portion of the list of business events leading to the relaunch of the legendary poker site on November 6.

The repayment is a patchwork of programs that are made to adjust with the patchwork of global gaming laws, so the process will depend based on the location.

Any previous player of Full Tilt that has an outstanding account from Belgium, Estonia, Denmark, Spain or France will be connected with a licensed local representative of PokerStars. That account will be paired with a PokerStars account from which they can withdraw their funds.

In countries like Ireland and UK, players will be able to get their money directly from an official account on www.FullTiltPoker.com.

Accounts of American Players will be given through a fund that’s taken from the $547 million fund that PokerStars paid to the U.S. Department of Justice.

PokerStars officials stated: “PokerStars has been working with regulators in all relevant jurisdictions to ensure that repayment is conducted in strict compliance with local regulatory requirements that ensure the security of player accounts and confirmation of the rightful ownership of those accounts”

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