This morning PAS received an important update on the status of Full Tilt Poker affiliate commissions and payments that we wanted to pass on to publishers. In the statement, The Rational Group, the parent company of PokerStars and the new Full Tilt Poker, informed all affiliates that would not be honoring affiliate payments and referrals prior to the site shutting down in late June 2011.
As a result, affiliate commissions earned and credited to our account from April and May unfortunately cannot be passed on to PAS publishers. In addition, commissions earned during June 2011, the month the site was shut down, will not be credited to our account nor paid. Furthermore, any player referred to Full Tilt Poker prior to June 2011 will not be honored for any activity after November 6th, which is when the new Full Tilt Poker is scheduled to launch.
In the statement, The Rational Group stated [we] did not assume any liabilities of the previous Full Tilt Poker companies and therefore previous contractual agreements that Full Tilt Poker may have had with affiliates were excluded.
While today’s notice is not a positive development for Full Tilt Poker affiliates hoping to be compensated for past and future player activity, the announcement was not unexpected due to the large $ 731 million price tag of the PokerStars/Full Tilt/DOJ settlement.
While PAS is very disappointed with the decision, as affiliate marketers we cannot forget that our online poker players are the most important part of the industry we serve. Because of this, we are extremely pleased that on November 6th non-US players will once again have access to their Full Tilt player funds. In addition, U.S. players also appear that they will be refunded a large portion, if not all, of their player balances by the DOJ — at a time and method to be determined. We believe these to be incredibly positive developments for players, the online industry and the online poker ecosystem.
As for the future, the new Full Tilt Poker has stated they will not immediately work with affiliates but they do have plans to launch a brand new program in conjunction with PokerStars in the first half of 2013. As more details become available, we will update our publishers and will assess affiliate opportunities as they arise.
See below for the full email statement we received from Full Tilt Poker:
As you may be aware, The Rational Group, which operates PokerStars, obtained certain assets of Full Tilt Poker as part of a settlement reached with the US Department of Justice Southern District of New York.
Under the settlement agreement with the Department of Justice, The Rational Group committed to make available for withdrawal the online poker account balances of all non-U.S. players of Full Tilt Poker. FullTiltPoker.com will launch on November 6, and from this date forward non-U.S. players will be able to withdraw their balances, which relate to previous player activity on the site. These funds will be made available for withdrawal out of the Rational Group’s own resources through funds which will be transferred by the Rational Group into segregated bank accounts.
Other than the non-US player balances, The Rational Group did not assume any liabilities of the previous Full Tilt Poker companies and therefore previous contractual agreements that Full Tilt Poker may have had with affiliates were excluded. As such, The Rational Group is not liable and will not pay for any affiliate earnings which may have been due to you under your agreement with any former Full Tilt Poker company.
For those accounts where player funds are commingled with funds derived from affiliate earnings, The Rational Group will only be making the portion of the funds relating to your previous player activity available for withdrawal.
Separately, as we are working around the clock to get the new FullTiltPoker.com site up-and-running by November 6, we are unable to offer an affiliate program for Full Tilt Poker at this time. We do intend to launch a new affiliate program in the first quarter of 2013, under the Rational Group, which will be a joint program with PokerStars. This future program will give you the opportunity to promote and earn from both brands. We look forward to engaging with you on a new partnership going forward.
Full Tilt Poker
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