Full Tilt Poker relaunch expected by next November 6

PokerStars was given six days upon the signing of the deal to make a payment of us$ 225 million to the U.S. government as part of the us$ 547 million forfeiture agreement. With the first transfer now complete, PokerStars will make available all outstanding balances - totaling us$ 184 million - owed to the “rest of world” players who had money frozen on Full Tilt Poker. The rest of the money owed to the U.S. government will be paid over the next three years.

After the completion of the deal on Thursday morning, Shyam Markus, the poker room manager at Full Tilt Poker, addressed several questions at TwoPlusTwo.com regarding the site's upcoming re-launch. Markus began his post by revealing that he was the employee posting under the FTPDoug; account on a number of poker forums before and after Black Friday. Going forward, Markus will post from his “Shyam Markus” account on TwoPlusTwo and from @FTPMarkus on Twitter.

Among the questions and concerns Markus tackled involved rakeback accounts, VIP points, a Full Tilt Pro team, and the remission process for U.S. players. Many of the issues are still being considered by management, but Markus confirmed that U.S. players with money on Full Tilt Poker will still need to go through the DOJ to recoup funds. The remission process is still up in the air at this time.