National Class Action Launched In the Wake of Revocation of Online Gambling License for Internet Giant 'Full Tilt Poker'

CALGARY, Sept. 30, 2011 /CNW/ - "Our class action issued with the courts today asserts that tens of millions of dollars is owed to Canadian online poker players with real money accounts at Full Tilt Poker", said Tony Merchant, Q.C. on behalf of Merchant Law Group LLP.  "Our firm has already received complaints from more than 150 people who were online poker players.  Many of these individuals held thousands of dollars in their players' account prior to their accounts being frozen in June, 2011."

Full Tilt players with real money accounts could previously make deposits and withdrawals against their player's account in a manner similar to other online credit or bank accounts. But since June, Full Tilt has refused to release any money to Full Tilt players.

This class action has been launched one day after gambling regulators on the British Channel Island of Alderney revoked Full Tilt's online gambling license used to operate its online card rooms worldwide. The executive director of the Alderney Gambling Control Commission has reportedly said Full Tilt had severe financial problems including unauthorized loans, accounting difficulties, and a failure to report significant material events.

Merchant Law Group LLP has launched this class action litigation on behalf of all real money account holders at Full Tilt Poker.  News reports internationally estimate the total value of Full Tilt players accounts is between one hundred and fifty million dollars ($150,000,000) and three hundred and ninety million dollars ($390,000,000). 

Merchant Law Group LLP is a nationally prominent law firm in many areas of the law including class actions, with offices in Montreal, Toronto, St. Catharines, Ottawa, Winnipeg, Regina, Saskatoon, Moose Jaw, Edmonton, Calgary, Vancouver, and Victoria.

SOURCE Merchant Law Group

For further information:

http://www.merchantlaw.com/classactions/fulltilt.php

E. F. Anthony Merchant, Q.C.

306-539-7777 Cellular

merchant@merchantlaw.com (a copy of the Statement of Claim is available on request)


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