POKER

Garden City Group Announce $2m in Payments to be Issued to Former FTP Players and Gus Hansen Reaches $20m in Online Cash Game Losses

TAGs: Black Friday, full tilt poker, garden city group, Gus Hansen, Lee Davy, Tom Dwan, viktor blom

Claims administrator, Garden City Group, announce the latest round of payments to former Full Tilt Poker players, Gus Hansen tops $20 million in all-time online-cash-game losses, and nobody cares about the Full Tilt Heads Up Showdown.

Garden City Group Announce $2m in Payments to be Issued to Former FTP Players and Gus Hansen Reaches $20m in Online Cash Game LossesThe former Full Tilt Poker (FTP) Black Friday debacle is moving one step closer to completion, after an update on the FullTiltPokerClaims website, informed the general public that the Department of Justice Asset Forfeiture and Money Laundering Section had approved a new round of payments.

You may remember that former American based FTP players, whose funds were frozen during Black Friday, were given a deadline date of 3 Sep to submit all petitions. 600 of them did what they were told and $2 million in funds is being readied for transfer.

The notice stated that the “GCG is currently working with the bank set up by the DPJ to set up payment process,” and warned players that a zero sum figure shown on their bank statement is a perfectly natural part of the process, and that the real funds will duly follow.

It’s believed that everyone will get his or her money by the end of September.

Hansen Running Our of Piggy Banks

One man who could desperately do with a $2 million present is the FTP Ambassador Gus Hansen.

Hansen was unveiled as a member of The FTP Professionals (along with Viktor Blom and Tom Dwan) when the site relaunched back in Nov 2012. Dwan was later dropped by FTP, barely 12-months into his contract, but Hansen and Blom continue to represent the brand.

According to PokerNews reporter Chad Holloway, the Great Dane, was once again the online high-takes cash games biggest loser, last week, with another $751,486 in losses sending Hanson over the $20 million mark in lifetime losses.

Hansen, who has not been in profit since 2009, has lost $5,522,583 YTD. His Professional partner, Blom, was one of the week’s biggest winners, taking $381,249 from the tables, but remains one of the three biggest losers YTD with total losses booked at $1,310,928.

Perhaps, this combined annual loss of nearly $7 million is one of the reasons 62.5% of people polled at CalvinAyre said they couldn’t give a monkey’s who was victorious in the upcoming Full Tilt Poker Heads-Up Showdown.

Comments

views and opinions expressed are those of the author and do not necessarily reflect those of CalvinAyre.com