..

Full Tilt Poker Investors Want No Part In US Player Acquisitions: UK, Ireland Assets Only

Written by:
C Costigan
Published on:
Jul/22/2011
Full Tilt Poker

It appears as if the highly anticipated “Full Tilt Poker purchase” by a mysterious European investor group may turn out to be a bust….unless you happen to be a player in the United Kingdom or Ireland.

888poker

(*US players prohibited at 888Poker.com)

Attorneys for the company told eGaming Review on Friday they only want to acquire the company’s assets in Ireland and the UK. That probably won’t bode well for the Alderney Gambling Control Commission, which pulled FTP’s license June 29 after it had stopped paying customers living in the US. 

Ironically, these mysterious investors originally broke the news of a potential purchase to a US-based media outlet, the Los Angeles Times, leading many to further speculate the company is simply “buying time” and continues to “lead players along”. The initial report also suggested that the payment of all players owed would be a primary objective of any sale. 

Just this week, Gambling911.com reported on how Todd Brunson, son of poker legend Doyle Brunson, was paid cash owed by FTP from the trunk of Howard Lederer’s BMW (as per a tweet from Todd Brunson).  Lederer is generally considered the “face of Full Tilt Poker” through advertisements and spokesperson engagements. 

Asource connected to the suspended poker company told eGaming Review the potential transaction had “nothing to do with stateside activities” and that the prospective investors were still locked in exclusive discussions to buy part of the beleaguered brand.

“The purchase includes the family of companies in the UK and Ireland [including marketing and technology company Pocket Kings in Dublin] as well as the Alderney licences,” the source said.

Alderney is scheduled to meet with Full Tilt Poker representatives to determine the company’s fate on July 26.

- Chris Costigan, Gambling911.com Publisher

Advertisement:  USA Players and those around the world welcome at Cake Poker

Poker News

Poker News: Americas Cardroom is Giving Away 18 Tickets to Million Dollar Weekend

The Friday and Saturday mega event coincides with Americas Cardroom turning 21, which in poker terms equates to an ace. 

Poker Pro Cory Zeidman Arrested in Connection to $25 Million Sports Betting Scheme

Poker Pro Cory Zeidman Arrested in Connection to $25 Million Sports Betting Scheme

The 61-year-old professional poker player was charged Wednesday morning in Florida with placing radio ads to “lure victims to retain [his] organization for sports betting advice”, promising that “privileged information” meant that the bettors would have no risk.

Matusow Defends Negreanu Over Sexual Misconduct Claims

Matusow Defends Negreanu Over Sexual Misconduct Claims

“What this woman said is just lies,” Matusow said. “Daniel would never ever act like that towards a woman poker player. He told me if he was staring at her it was just to get reads, not because he wanted to f*** her.”

Punta del Este Main Satellite Announced for July (2022)

This is your chance to win a $4,500 dream poker vacation to compete in a Live Event in an exotic location!

Negreanu Chimes in on Depp-Heard Trial: Justice for Johnny, Amber a Liar

Negreanu Chimes in on Depp-Heard Trial: Justice for Johnny, Amber a Liar

In regard to Amber, who claimed she was abused by Depp, Negreanu asks: "Does anyone believe if she had these injuries that she wouldn’t have taken a single picture at any point? It’s not plausible or believable to me at all considering how much she documented during the relationship."

Syndicate