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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

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