Instapoker
Photo: Heartland Poker Tour
Today’s Boxscore
Greg Raymer $71,875 – HPT Route 66 Main Event
David Allan NZD$110,600 – ANZPT Snowfest Main Event
Dan Sun $77,103 – BLUFF MSPT Meskwaki Main Event
All hail our new PokerStars overlords. As Dan posted earlier (and you’d have to be living in a cave or passed out to not have noticed), PokerStars reached an agreement with the Department of Justice to pick up Full Tilt assets in exchange for backing up a dump truck full of cash. This opens the door for Stars to pay out FTP bankrolls, reopen Full Tilt for play, and take over the online poker world.
Stars stated they will release bankrolls for non-US players within 90 days but US players will need to go through the DoJ to collect. This might open up a huge can of crap for players but it’s a step in the right direction.
Official DoJ document regarding US player funds: Regulations Governing the Remission or Mitigation of Civil and Criminal Forfeitures (PDF format)
With all the online news, the latest Heartland Poker Tour champion is pushed below the fold. They wrapped up their 200th episode and none other than 2004 WSOP Main Event Champion Greg Raymer captured the title. HPT could not have asked for a better result coming through their Epic disaster and new ownership. Allen “Complainsaw” Kessler, Kathy Liebert, and former HPT champion Rob “veeRob” Perelman we also part of the 131 player field.
Link Dump
Tweet of the Day 1 – Understated by Poker Stars
We’ve just announced the DOJ settlement. Please read here: psta.rs/NGA1tC for more information.
— PokerStars (@PokerStars) July 31, 2012
Tweet of the Day 2 – Todd Terry has lost his damn mind. Why stop at thanking the DoJ? Why not thank Bill Frist, Jon Kyl and everyone else who sat on their hands while UIGEA was rammed through Congress?
All thank yous should be directed to Preet Bharara and the DoJ. They’re basically distributing $ they could keep to FTP’s victims. — Todd Terry (@toddbterry) July 31, 2012
PokerStars FAQ for Full Tilt Players – Almost everything you want to know as a player on FTP including turning the lights back on within 90 days. Also, thanks but no thanks to France, Italy, Spain, Denmark, Belgium and Estonia.
A Statement by Nolan Dalla – It’s great to see Nolan Dalla back to writing on his site (plus using Twitter!) and here’s his take on the Full Tilt/Poker Stars news. Now if he would just change the white text/dark background format so my retinae don’t burn out.
Poker Community Reacts to PokerStars-Full Tilt Poker Deal – Thanks to BLUFF for saving me the time to collect the Twitter reactions to the news. They also have comment from Blair Hinkle, who has $1.15million locked up on Tilt, plus statements from the PPA and Ray Bitar.
U.S. Department of Justice Requests Settlement Agreement with Absolute Poker/Ultimate Bet – Oh yeah, now what about the Ultimate Bet/Absolute Poker fire sale and player funds? Lost in the big news seems to be the DoJ reaching a settlement agreement with UB/AP to dump their assets to pay back players. That should get them a solid $3.50 to divide between everyone.
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