More Full Tilt Poker Money to be Released

Card Player – Another round of Full Tilt Poker repayments is scheduled for mid-June, the Garden City Group announced on its website on Wednesday. “GCG has been informed that the Department of Justice Asset Forfeiture and Money Laundering Section has approved a new round of payments,” the notice said. “This distribution will include approximately 3,500 payments totaling $15 million to petitioners who submitted complete, timely or late petitions confirming their FTP account balance. Also included in this round of payments are affiliates who submitted petitions confirming their FTP account balances.” Once the new payments go through, around $96 million will…

The “Poker Only” Federal Bill is Released

US Poker – A poker-only federal bill was released this week.  It was obtained by Nevada political reporter Jon Ralston.  There is evidence that Caesars Entertainment may be behind the bill, according to an update on Ralston’s website.  It is not the work of Sheldon Adelson or Las Vegas Sands. The bill is titled the “Internet Gambling Prohibition and Control Act of 2014″.  There are currently no sponsors for the bill. The bill would allow online poker, however, it would ban most other forms of online gambling.  Lotteries receive an exemption in the bill to sell tickets to daily drawings. …