Weekly Roundup February 28 2014

Weekly Roundup February 28 2014

Full Tilt Poker Remission Payments Processed

Players that have submitted verifiable bank account information to the Garden City Group began receiving remission payments Friday.  The claims administrator reported more than 27,500 former Full Tilt players received an estimated $76 million is payments.  Some banks will take a few business days to post the electronic funds transfers.

Players that did not submit proper banking information were contacted by email.  These players have until March 13, 2014, to respond.  These payments will be processed as checks and delivered to the address on file if the deadline is not met.

Delaware and Nevada Create Interstate Poker Pact

Delaware and Nevada entered into an agreement that would allow the two states to share online poker pools.  This agreement created the Multi-State Internet Gaming Association.  It hopes to involve other states that legislate online poker in the future.  It requires those states to meet minimum standards.  New Jersey, the only other state with legalized online gaming in the U.S., is not included in this agreement.

Ultimate Poker New Jersey Reload Bonus

Ultimate Poker in New Jersey announced a reload bonus that is valid between now and March 4, 2014.  The bonus offer is 100% up to $500.  It clears at a rate of $25 for every 1,000 XPs earned.  This is equivalent to 25% rakeback.  It releases in $25 increments and expires after 30 days.  A minimum deposit of $50 is required.  The bonus may also be cleared in the casino.

Real Gaming in Nevada Has No Traffic

Real Gaming became the third regulated poker site in Nevada last week.  It opened without any promotions or marketing.  This has caused it to see virtually no traffic.  The software is in need of work to bring it up to the standards of its competitors.  Real Gaming is partnered with South Point, a locals’ casino in Las Vegas.