+1

Probably was on his way to his casino box to get cash to pay his settlement off

I've been in LV all week, havent seen him or talked to anyone that has. If you spot him again, please PM me. I would be happy to umm, ask him a few questions.

in after Diamond_Flush

in before complaints about Diamond_Flush posting and raising hopes without offering information.

I'm going to agree with Ford here and say that the two things are not connected at all. It is my opinion that the cardroom case is just a nuisance at this point. They have been trying to sue FTP and owners etc for years, in multiple jurisdictions. How their claims after all this time are not labeled frivolous is beyond comprehension.

There is a LOT of money in the pot here. Neither the Kentucky claim or the Cardroom claim should make any difference to the remission process.

I choose to believe, based on what I know, that the administrator was chosen and is already attempting to put ducks in a row. Clearly, the community would not be happy to just know that ABC Adminstrator was selected, without all the conditions for how the payment process will work being set. My information is that the news becoming public is imminent, but I was told that more than a week ago. Apparently imminent means different things to different people.

As to the Ferguson settlement - his claim against the assets wsa never really a serious one imo. The claim was filed in a timely manner, within the time frame allotted for anyone to file one. If he had proceded to trial and been successful (lol) he would have needed that claim in place. The same was true for Bitar, Lederer and Furst. Doesn't change the remission.

haha, literally LOL'd at this.

Ok back to being a non-poster

I fricking love you, lady. Not to put any pressure on you, but, if you ever let the poker community down in the way so many others have, I will be heartbroken.

DF, this is dead serious.


How and when did you become such a badass?

In before DOJ says they picked a claims admin and they have to streamline the process.

Been following this thread almost daily (I love misery I guess) since I have 6 figs on FTP. Called the press office myself for the first time today just to hear it for myself.

Same line - announcement imminent. No other information provided.

I don't know about the "community", but personally I would be pretty damn happy to know that the DOJ had accomplished SOMETHING concrete towards remission, even if no further details were forthcoming.

So any expectation of when this will be done? Before 2014? Before the WSOP?

When WHAT will be done? If you mean the "average" player having a check in hand...

50% chance imo

10% chance imo

yes Money in hand

No one knows. Anyone giving you a number at this point is just plucking something out of thin air because there aren't enough details to make that sort of prediciton.

Eh, there's SOME information (e.g. similar remissions cases) and SOME insights from people who seem like they know what they are talking about (e.g. 1938ford).

Putting those together, an intelligent person can make SOME sort of estimate.

You mean like "imminent" or "two weeks"?

The community would be happy to receive any and all information that could possibly be given. If they have chosen an administrator and haven't worked out the details on the process, we would be more than happy to know that.

ANYTHING is better than NOTHING at this point but those with the information don't seem to care about the people most affected by this at all. (I'm not talking about you DF)

Probably selected an administrator. Competitors contested the award. Takes 100 days for IG to rule.

About 350 days

That says the Ferguson money will be set aside. The Cardroom case isn't necessarily holding up the remission process.

So...

One year minus "two weeks"?

If they have selected an adminstrator, at least a majority of the work left to be done will be out of the hands of the embarrassingly inefficient government and into the hands of an independant contractor...

This has gotten to be just LOL at this point.

Whether it is or isn't only Preet Bharara knows, but he took the time to write a three sentence letter to the judge that only says one thing that the judge couldn't ascertain for herself from reading the settlement; that the funds forfeited won't be available for final distribution (remission in this case) until the Cardroom's claim is resolved.

Short of a plain language statement declaring that he can't pay victim remission until the judge strikes Cardroom's claim - which would be highly unethical - the intention behind that letter couldn't be more obvious.

He was walking around the Wynn that one night. On the same night, my friend said he saw Jesus stumbling around treasure island, drunk as can be. So he is in the vicinity.