..

Full Tilt Poker Head of Marketing Resigns Amidst Reports of “Brain Drain”

Written by:
C Costigan
Published on:
Aug/19/2011
Full Tilt Poker

In a widely circulated email obtained by various industry personnel, Full Tilt Poker Chief Marketing executive (CMO of parent company Pocket Kings, Ltd) has resigned his post from the deadbeat company.

179*179 Mad Month

Quadjacks.com broke the story late Friday.

The email from Lothar Rentschler read:

“This was, after almost 3 years with the company, not an easy step… It was 3 years with many challenges and also many successes… However, given the current circumstances, I do believe it is a long overdue step towards the right direction.”

He addresses the current standing of Pocket Kings, Ltd.:

“I do apologize for the inconvenience the current circumstances at PKL have caused for you personally as well as for your respective companies. Our hands in Marketing were bound and at the end even every communication was stopped. Again, I can only apologize for this situation. The future will hopefully see a better, well organized structure and a return to business as usual. To see the brand FTP going down that way, hurts a lot.”



Mr. Rentschler’s resignation will be effective September 13th of this year – just two days before the deadline for the upcoming hearing in London between Full Tilt Poker and The Alderney Gambling Control Commission to discuss the possible restoration of the former’s license, Quadjacks.com noted.  

Full Tilt Poker has gone silent since the Alderney Gambling Control Commission pulled the plug on the company June 29.  Its two founders were indicted in the US on April 15 for money laundering and bank fraud.  Both remain fugitives of the law with their whereabouts mostly unknown. 

The last major indictment of online gambling executives who hid from the long arm of the US law occurred in July of 2006 when BetOnSports.com founder Gary Kaplan managed to elude authorities for a number of months before his capture in the Dominican Republic. 

QuadJacks.com suggested possible "brain drain" as a motive for his departure, noting that at least 30 employees had already left the partent company to go work for Ireland's biggest bookmaker, PaddyPower.com.

- Chris Costigan, Gambling911.com Publisher

Poker News

Man Carrying AR-15 Subdued at Poker Room: Up to 50 People Inside

Man Carrying AR-15 Subdued at Poker Room: Up to 50 People Inside

Police say a security guard at the Legends Poker Room at 9200 Richmond tackled the armed man. The gun went off several times, but no one was harmed. 

Chris Moneymaker to Assist in PayPal Suit

Chris Moneymaker to Assist in PayPal Suit

While Moneymaker will not be a plaintiff in the case, he will be assisting Poker League of Nations (PLON) founder Lena Evans in retrieving nearly $27,000 in confiscated funds from the online payment processing giant.

Binance CEO Changpeng Zhao Has Amassed Biggest Crypto Fortune on the Planet: Began With a Poker Game

With $96 billion, Binance CEO Changpeng Zhao ranks among the richest men in the world, and that figure does not even include Zhao's massive crypto fortune, considered the largest on the planet. 

An Unvaccinated Mike Matusow Would Likely Have Been 6 Feet Under By Now

An Unvaccinated Mike Matusow Would Likely Have Been 6 Feet Under By Now

Outspoken poker pro Mike "The Mouth" Matusow said early Wednesday morning he was feeling much better following a second bout with Covid despite receiving his booster shot.....but at least we can be grateful he is still around to bitch about the vaccine.

Stick to Poker Mike: But 43.3% Want The Mouth to Keep "Exposing the Liars"

Stick to Poker Mike: But 43.3% Want The Mouth to Keep "Exposing the Liars"

The consensus is that Twitter followers of poker pro Mike "The Mouth" Matusow want him to focus more on poker and abandon his political and Covid-19 commentary.  In other words, become boring.

Syndicate