mike1
1758
2011/12/17 07:34
#289340
Manne wrote:
One of the attorneys acting for Full Tilt Poker, Jeff Ifrah, has said that American players who still need to be paid out by the poker room may resist making a claim for their cash because of fears that they will be taxed. Ifrah called on the US authorities to be lenient with these players and to find a way to allow them to make a claim for what is rightfully theirs without being afraid of the tax man.
“Players need some encouragement to submit their claims as some may be concerned about action from the IRS,” he said.
After the buyers of Full Tilt Poker, the French investment group, Groupe Bernard Tapie, reached an agreement with the Department of Justice that allowed the sale to go through, Ifrah said that the US government will be establishing a fund that will oversee the payback of the millions of dollars owed to Full Tilt Poker players. However, according to the attorney, there are a number of issues that still need to be discussed regarding how the claims can be made.
There are a number of obstacles that could stand in the way the payout taking place in the near future, including motions filed by several board members of the online poker room against the US government. However, it is expected that these motions will ultimately be dropped.
Full Tilt Poker owes its former players around $150 million, although it has not yet been decided how much of the money will be paid back, nor does the sale to Groupe Tapie guarantee that the money will be seen at all. According to the deal, some of the money that is found in bank accounts associated with the online poker room will be returned to the investment group upon the sale, with the intention being to “bring this matter to a complete resolution as soon as possible.”
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Titanpoker - the leading online poker games room has launched satellite qualifiers awarding seats at four online poker tournaments with $1,000,000 in total guaranteed prizes, and at a live event that will be staged in Prague.
IPOPS, the iPoker Online Poker Series, will consist of four online events between November 28th and December 4th, 2011. Each of the tournaments carries a large guaranteed prize and offers affordable direct entries. Titan Poker is staging satellite qualifiers to these tournaments around the clock with buy-ins starting as low as $0.10+$0.01.
iPOPS will conclude with a $500,000 guaranteed prize freezeout on December 4th. The online tournament action will pause when only 27 players remain, and the tournament will resume as a live event at the Corinthia Hotel in Prague on December 10th.
In addition to the online poker tournaments, Titan Poker is staging satellites leading to the IPOPS Live Main Event, which will take place in Prague on December 10th-11th, 2011.
Three weekly Super Satellites will award winning players with €1,450 packages, which include the €700+ €70 buy-in to the IPOPS Live Main Event; €255 for 3 nights' accommodation at the Corinthia Hotel in Prague, December 9th - 12th 2011; €25 for handling fees; and €400 for flights and spending. Participating players will be invited to a special Welcome Party on December 9th.
Poker novices and veteran poker players alike are invited to try out the free poker download at Titan Poker in order to participate in the exciting IPOPS tournaments.