Ultimate Bet/Absolute Poker dragging its feet on refunds

According to a report by Legal US Poker Sites, many Ultimate Bet (UB) and Absolute Poker (AP) victims have still not received their payouts. The delays are certainly frustrating for the players who got caught up in the scandal, and frustration should be mounting as the website has not had any new information posted to it in the past seven months.

Legal US Poker Sites indicates that they attempted to speak with someone at Garden City Group (GCG), which is in charge of managing the payments for UB and AP. In response to a phone call to the company, the individual who answered said only that all information will be posted to the website set up claims. A cursory search of the website reveals that it is collecting more dust than a Windows 95 computer.

After Full Tilt Poker players were allowed to recover their funds following Black Friday, any leftover amount was sent to be repaid to players who saw their money stolen by UB and AP. GCG has been overseeing that process and contacted almost 1.2 million victims beginning in April of last year. By June, it had distributed reimbursements worth $33.6 million to around 7,400 players.

Only a few short months later, another 4,600 players received their payments. GCG had so far been fulfilling its mission and paid out another $3.7 million in the second round. It then asked for a deadline extension passed the initial date of September 7. This past March, the company stated that it was preparing to reimburse another 450 players a total of just over $1.08 million. Since then, communication has been anything but consistent.