Eighteen months after Full Tilt Poker was forced to shut down by the United States Department of Justice (DoJ) the online poker room will once again be back in business on Tuesday, November 6, 2012. Since its shutdown, it was a very frustrating period for Full Tilt Poker players whose funds had been blocked. Those in the industry also found this to be a very trying time as they tried to get the online poker room back on stream. The Alderney Gambling Control Commission canceled Full Tilt … [Read more...]
Full Tilt Poker Purchased by Poker Stars
May 2, 2012 by
Following on the regrettable news that the proposed deal between Full Tilt Poker and Groupe Bernard Tapie had fallen through after six months of negotiations, it came as a pleasant surprise when it was revealed that Full Tilt Poker’s biggest competitor, Poker Stars, had finalized a deal with the United States Department of Justice to acquire the beleaguered online poker room. It is understood that $330 million of the amount of $750 million that Poker Stars paid to the United States Department … [Read more...]
Full Tilt Poker Deal Fails
April 26, 2012 by
It has regrettably been announced that the proposed deal between Groupe Bernard Tapie and Full Tilt Poker has fallen through due to the fact that the French investors were unable to agree with the Department of Justice over how quickly players would be repaid with the money that was tied up on the site. According to a Washington-based attorney for Groupe Bernard Tapie, Benham Dayanim’s statement to The Associated Press a few days ago, prosecutors had changed their offer earlier this month and … [Read more...]
