In past years, any inclusion of legalized sports wagering would have been a nonstarter. Not this time.
Full Tilt Poker BS
Full Tilt Poker BS
Full Tilt Poker’s FTOPS XXIV came to a close last weekend with more than $3.3 million in prize pools won across the final three days.
Two weeks of exciting tournament action culminated with over $1,600,000 awarded in the Main Event, which saw “poksu pete” outlast a field of 2,755 to turn his $635 buy-in into $207,016. Second-place finisher “Illini213” took the lion’s share of the Main Event prize pool however with $261,339, due to a deal made three handed.
PokerStars Head of Corporate Communications, Andrew Feldman, shot down rumors Wednesday that the company had backed out of a deal to purchase the assets of shuttered Full Tilt Poker. Stars was widely expected to pay back monies owed to players of the one time second largest online poker company in the world.
This tweet appeared late Wednesday:
Andrew Feldman @AFeldmanESPN
The Head of Corp Communications for @PokerStars @erichollreiser says the Twitter rumors of PS folding on the FTP deal is "false"
Though Full Tilt Poker’s French suitors attorneys continue to insist the deal to acquire the troubled company is still in, Texas Dolly and poker icon Doyle Brunson agrees with a number of other pros who have come forward to express their concerns, suggesting the deal is likely to fall apart.
Poker pro Matt Glantz provided his gloomy assessment of the future of Full Tilt Poker and those supposed white knights out of France, Groupe Bernard Tapie.
“Unfortunately, I feel based on their recent actions, I believe it is inevitable that Tapie will be backing out. It looks to me that for whatever reason, they have no real interest in acquiring FTP. The reasons why they are hanging around giving the illusion that they are still interested are unclear.”
With the prize pool set at the 2012 LA Poker Classic, Phil Ivey made his debut after more than a year’s absence playing in US tournaments. Ivey has suffered through a tumultuous divorce both from his wife and former employer, the now defunct Full Tilt Poker.
Legendary poker pro Doyle Brunson is the latest to offer his opinion on the folks behind Full Tilt Poker who have made miserable the lives of many thousands of players over this past year. Daniel Negreanu did the same last week. Neither gentlemen are known to mince words.
The man who promised to pay back players owed by Full Tilt Poker with over a million dollars of his own money if they failed to pay is probably wishing he hadn’t made such a rash promise. After all, Tom Dwan had only signed on with FTP a few months prior to the company’s collapse post April 15 of this past year and the New Jersey-born player has yet to be implicated in any wrongdoing (unlike fellow FTP pros Chris Ferguson and Howard Lederer).
US Feds allege Full Tilt Poker stakeholder and professional poker player Chris “Jesus” Ferguson was embroiled in an elaborate ponzi scheme. Now it is being reported he funneled $45 million of his $60 million in Full Tilt distribution payments into bank accounts held for him in the name of Pocket Kings Ltd.
The Alderney Gaming Control Commission (AGCC) may be wiping its hands of Full Tilt Poker and all responsibilities associated with the now defunct company once and for all.
PokerNews.com spoke this week to the US-based attorney representing Groupe Tappie’s interest in Full Tilt Poker, stating that there was nothing new in regard to any attempts at reaching a settlement with the US Justice Department. The DOJ seized millions of dollars from Full Tilt Poker on April 15, indicted two of the company’s executives and FTP has failed to pay US players since.
Attorney Behnam Dayanim told PokerNews.com:
The Alderney Gaming Control Commission (AGCC) has come under intense scrutiny for its handling of the Full Tilt Poker matter, which culminated in a suspension of the one time second largest online poker firm’s license.
With the Super Committee deficit-reduction failure drawing added viewers to CNN’s afternoon programming, the news network’s special look at how much money was lost by US poker players on Full Tilt Poker managed to garner additional attention, not to mention scaring off more potential poker players.
“A popular online gambling website shut down by the US Feds. Just how much money was lost by players?” a teaser asks.
While the shutdown occurred back in April, CNN continued to broadcast its segment throughout the afternoon hours.
A DOJ spokesperson, Carly Sullivan responded to a CNN report that was quickly pulled off its site regarding a DOJ deal to allow Groupe Bernard Tapie’s acquisition of Full Tilt Poker: “We have no comment and do not confirm or deny a deal.”
Full Tilt Poker itself later issued a statement that an “agreement between Groupe Bernard Tapie and the Department of Justice have been finalized”, however, FTP has released “misleading” statements in the past.
An outspoken attorney for disgraced online poker firm Full Tilt Poker claims the US Justice Department has reached an agreement whereby they will permit a French company to acquire FTP. Unconfirmed reports suggest the US Justice Department would be responsible for facilitating payouts to players.
Groupe Bernard Tapiehas sought to purchase Full Tilt Poker after following a series of indictments in April 15 that forced the one time second largest Internet poker room to exit the US market. Players worldwide have not received payment in months.
In an interview with PokerStrategy.com this week, outspoken poker pro Daniel Negreanu called out Full Tilt Poker boss Raymond Bitar as a “buffoon”.
It’s no secret to those who have covered the online poker industry for the past couple of years that Full Tilt Poker was a major contributor to the Poker Players Alliance, a grass roots organization chaired by former New York Senator Alfonse D’Amato.
Disgraced online poker firm Full Tilt Poker has laid off its remaining staff of 180 employees in Dublin, Ireland. The company had its license officially revoked last month following a series of US indictments.
A handful of poker pros/shareholders in the company, including Howard Lederer and Chris Ferguson, are accused by the US Government of perpetrating an elaborate ponzi scheme.
US Customers of Full Tilt Poker have yet to be paid since April 15 while those worldwide have not received payouts since late June.
Yet another class action lawsuit has been filed against defunct online poker company Full Tilt Poker.
In an interview with poker pro Patrik Antonius, the Finnish former Full Tilt Poker spokesperson says he will likely be among the “Biggest losers” should FTP fold for good. He claims to have a significant amount of money tied up on the site, which was shut down June 29 and has had its license permanently revoked.
Hopes appear to be dashed that French investors Bernard and Laurent Tapie can save shuttered online poker room Full Tilt Poker, at least where payment to customers is concerned.
Chris “Jesus” Ferguson’s attorney has made himself available via his Facebook page, but as some poker players have quickly discovered, many of their questions are not staying up for long.
“Why are so many questions getting deleted?” asked Tim Cobia.
Dion Renno wrote: “My comment was deleted as well, I asked why FTP lied and said our funds were safe when there were no funds at all.”
News that mysterious (or not so mysterious) “French investors” are looking to acquire Full Tilt Poker had the folks from WickedChopsPoker.com doing the math, mostly subtraction…and folks, it doesn’t look good by any stretch of the imagination, even using Mickey Mouse calculations.
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