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Full Tilt Poker cannot pay back about 400 million USD

November 10th, 2011
Author: Christopher Cozzone

It all started on April 15, 2011 when USA authorities shut down website of Full Tilt Poker and its customers were simply screwed. Many professionals have always been squeamish about this ‘family business’ (the online poker resource was run by two siblings), nevertheless, hundreds of mature poker players made their living here until the site was shut down in one day without any warnings and explanations.

Only half a year later it is possible to estimate the round sum of money that had to be paid back to Full Tilt Poker users – it is 300-400 million dollars. One more stunning fact is that Howard Lederer and Jesus Ferguson knew too well how to care about themselves within four years they paid themselves almost $444000000! Poker pros are frustrated, now they cannot be 100% sure that their current online poker site is not going to be shut down tomorrow.

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