Full Tilt Poker Faces Another Law Suit

Written by:
Patrick Flanigan
Published on:
Full Tilt Poker

Yet another lawsuit has been filed against Full Tilt Poker, this one by Cardroom International. 

A statement was issued by the company: 

Cardroom sought to license its software to major media companies for use on their sports-related sites. Between them, the PokerStars defendants and the Full Tilt defendants entered into agreements whereby they provided such play money services to ESPN/ABC, Fox and NBC. At a meeting with one of the aforementioned networks, the CEO of Cardroom was informed that adoption of his system faced the barrier of the purchase of airtime on the network by PokerStars companies, as the PokerStars companies were tying continued purchase of airtime to use of their software and system on the network's website. Within weeks of meeting with this network, the network announced a deal with PokerStars. The bulk of the money utilized by the PokerStars defendants to purchase time for poker television programs came from funds illegally obtained from United States poker players. Though Full Tilt did not directly interfere in the potential transaction between Cardroom and the network, it was due to the joint conspiracy of the PokerStars defendants and the Full Tilt defendants alleged below that both companies achieved their dominant position in on-line poker."

Cardroom International "claims a right, title and interest" in the identified funds "based on damages suffered as a result defendants' violation" of the Racketeer Influenced and Corrupt Organization Act (RICO) "in an amount no less than $30 million."

Full Tilt Poker ceased operating on June 29 after the Alderney Gambling Control Commission pulled the plug on what had been the world’s second largest online poker room.  Full Tilt Poker executives were charged in April with money laundering and bank fraud.  The company has failed to pay back players since its June closure.

- Ace King, Gambling911.com