Poker News – Late last week, the Garden City Group, the firm responsible for overseeing the repayment of money owed to Full Tilt Poker players in the U.S., posted two new announcements on its website regarding the remission process. The GCG announced last month that approximately $82 million in Full Tilt Poker funds is expected to be returned to petitioners by the end of March. However, some may not see any of the money hit their bank account at all. The first update posted on the GCG website on Friday update regarded customers eligible for a refund who have a…

From Poker Fuse At midday on Thursday, November 6, Full Tilt Poker was successfully relaunched under new management. As part of Rational Group’s settlement with the US Department of Justice, $186 million, the sum of all non-US player deposits prior to Full Tilt’s closure, was returned to poker players. It could be immediately withdrawn, transferred to PokerStars or—as the new FTP management hoped—left online and used to play on the relaunched site. To encourage players to stay, FTP was launched to much fanfare: “relaunch week” included freerolls, happy hours, and big cash bonuses for all. “The Professionals” graced the high…