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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

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