Behind the Numbers of PokerStars White Tuesday

02 August 2012

The day that DoJ, PokerStars and Full Tilt Poker reached a final agreement marks the rebirth of online poker in the most positive scenario possible, this day is now known as White Tuesday.
Here is a breakdown in numbers on this important day for Online Poker.

7. The days that both parties have to sign the agreement and proceed with the transfer of assets from Full Tilt to PokerStars.

11. The number of defendants accused by the DoJ regarding Black Friday. 8 of them already face US judges, Ray Bitar, Bradley Frazen, Ryan Lang, Ira Rubin, Brent Beckley, Chad Elie, John Campos and Nelson Burtnik (the last was arrested yesterday). The remaining 3 were nowhere close to the courthouse of the Southern District of New York, Isai Scheimberg and Paul Tate (both from PokerStars) and Scott Tom (from Absolute Poker).

15. The months that Ray Bitar says to be working on finding a solution to solve the player funds problem.

31. The 31st July will be in history as “White Tuesday”, the day that the agreement between DoJ, PokerStars and Full Tilt was finally done, solving the Black Friday problems of both poker rooms.

45. The days that Isai Scheimberg has to quit as “Commander” of PokerStars

90. The days that PokerStars has to return non-US player funds and to reopen Full Tilt poker

472. The number of days that player funds were blocked on Full Tilt poker since Black Friday.

2.4 Millions. Gus Hansen’s money blocked on Full Tilt.

2.5 Millions. The sum that Ray Bitar paid DoJ to be released on Bail.

4 Millions. The amount that players like Phil Ivey or Eric Lindgren we to Full Tilt. Other players like David Benyamine or Layne Flack owe around 2 Million each.

184 Millions. The amount that PokerStars has to deposit on a segregated account to ensure the withdrawal requests of non-US players with money held on Full Tilt.

225 Millions. The amount that PokerStars has to pay to DoJ so it can start to process payments to US Players.

330 Millions. The estimated player funds that are frozen in Full Tilt poker player accounts.

440 Millions. The amount charged to Full Tilt as “Company benefits” by Howard Lederer, Ray Bitar and Rafe Furst.

731 Millions. The total amount that PokerStars has to pay to be able to buy Full Tilt poker as a final agreement with the US Department of Justice.

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