Full Tilt Poker Deal Could Happen This Week

Reports have surfaced that the Groupe Bernard Tapie (GBT) is fully prepared to acquire the Full Tilt Poker website as early as this week.  While we have heard the same song and dance for months now, there is renewed optimism as a result of the specific time frame being announced.

It has been nearly a year since Full Tilt Poker pulled out of the US market.  Players the world over have waited anywhere from 9 to 12 months to get paid.  Millions of dollars are owed to FTP customers.

Additional reports, which cannot be confirmed, cite a new investor providing sufficient funds to repay the nearly $300 million still owed to Full Tilt Poker customers. 

On April 15, 2012, the US Justice Department froze more than a dozen bank accounts connected to Full Tilt Poker and its executives.  Two company officials were charged with bank fraud and money laundering. 

Groupe Bernard Tapie suggests it may take up to 4 weeks to have the resurrected Full Tilt Poker site operational.

- Chris Costigan, Gambling911.com Publisher