..

Full Tilt Poker to Cut 250 Jobs

Written by:
Ace King
Published on:
Sep/14/2011
Full Tilt Poker

Full Tilt Poker was expected to cut 250 jobs in its home base of Dublin, Ireland.

The troubled online poker company was shut down by its licensing arm on June 29.  On April 15, two of the firm’s founders were indicted for money laundering and bank fraud.

Pocket Kings, the Loughlinstown, Co Dublin, operation that provides marketing and technology back up for Full Tilt Poker’s operations, said yesterday that its departure from the US market meant it had to make savings of €12 million, according to the Irish Times. 

A closed hearing was scheduled to take place between FTP and the Alderney Gaming Control Commission this coming Monday September 19 to determine the fate of Full Tilt Poker.

- Ace King, Gambling911.com

Poker News

Jungleman, Other Phil Ivey Backers Seek Court Action to Reclaim Winnings

Jungleman, Other Phil Ivey Backers Seek Court Action to Reclaim Winnings

Big name poker players Dan Jungleman and Illya Trincher have filed a court action in an effort to claim their share of Phil Ivey’s World Series of Poker winnings after getting caught in the crossfire Borgata's battle to collect on a legal judgement.

$5,000,000 High Five Tournament Series Returns 4 20 Days

$5,000,000 High Five Tournament Series Returns 4 20 Days

The High Five poker tournament at Americas Cardroom returns, bigger, better - and can we be blunt - four times richer than the previous tournament, with $5,000,000 in guarantees. It runs September 10th-29th.  And WE'ED love to see you win it.

Poker Player Calls Cops After Busting Tournament And Gets Herself Arrested

Poker Player Calls Cops After Busting Tournament And Gets Herself Arrested

An unidentified female poker player busted then got busted, literally, all after earlier offering to flash her breasts.

PartyPoker War on Bots Continues, Closes to Serbian Market

PartyPoker War on Bots Continues, Closes to Serbian Market

PartyPoker continues to wage war on bots, this time resulting in the termination of 121 fraudulent accounts and $76,267 and €88,351 confiscated.

Winners of Seminole Hard Rock Poker Open Announced

Winners of Seminole Hard Rock Poker Open Announced

For the fifth consecutive year, the Seminole Hard Rock Poker Open (SHRPO) concluded with the crowning of The Big 4 champions at the Hard Rock Event Center at Seminole Hard Rock Hotel & Casino Hollywood.

Syndicate