..

Full Tilt Poker Faces Another Law Suit

Written by:
Patrick Flanigan
Published on:
Oct/06/2011
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

Poker News

Mouth to Out Hellmuth for "Protecting People Who Steal Millions in Poker World"

Mouth Outs Hellmuth for "Protecting People Who Steal Millions in Poker World"

Mike "The Mouth" Matusow promises a blockbuster revelation on his Friday night podcast.

The Mouth Warms Up To Biden....Kind of

The Mouth Warms Up To Biden....Kind of

One of now former US President Donald Trump's most ardent supporters in the poker community, Mike "The Mouth" Matusow, was quick to bash the incoming President Joe Biden via Twitter, but added he hoped for Biden to enjoy success.

New Hampshire Wins Its Poker Case Versus Justice Department

New Hampshire Wins Its Poker Case Versus Justice Department

The New Hampshire Lottery Commission has won its case against the US Justice Department.

Americas Cardroom Introduces New Pros.. Including the Popular Ebony Kenney

Americas Cardroom Introduces New Pros.. Including the Popular Ebony Kenney

Americas Cardroom has introduced a handful of new pros (also known as "brand ambassadors").

Postle Hit With Two Motions to Strike

Postle Hit With Two Motions to Strike

Poker pro Mike Postle has been hit with two motions to strike his complaints in California courts, by defendants in his lawsuit alleging defamation and seeking hundreds of millions in damages. 

Syndicate