All Entries in the "Full Tilt Poker" Category
AGCC Tells British Full Tilt Players to Call Police
British online poker players who had funds tied up in Full Tilt Poker’s accounts when the site was closed down and its assets seized were told in an official statement released by the Alderney Gambling Control Commission that if they feel they’ve been the victim of any crime and / or if they think Full [...]
Full Tilt Poker Going French?
Full Tilt Poker may not be wiped off the face of the online poker map after all. A French business tycoon by the name of Bernard Tapie appears to be buying the beleaguered site, despite its financial and legal troubles. Full Tilt Poker is the defendant in at least two class action lawsuits, one from [...]
Full Tilt Poker Purchase Agreement Signed
In a stunning release, Full Tilt Poker has announced an agreement with Groupe Bernard Tapie which includes the sale of the company and all assets. Laurent Tapie announced this morning that the long-rumored purchase by the investment group has finally been signed, but is predicated upon numerous conditions, which most notably includes a promising disposition [...]
Was Full Tilt Poker a Ponzi Scheme? Feds Say Yes
As if Full Tilt Poker’s troubles weren’t huge enough, now there are allegations floating around that the online poker site was actually…get this: a Ponzi scheme. On September 20, 2011, the Wall Street Journal reported that federal prosecutors are claiming that Full Tilt Poker was a global Ponzi scheme and not a legitimate online poker [...]
Rafe Furst Sends Open Letter to Public About Full Tilt Poker
While the ongoing allegations against Full Tilt Poker will continue for weeks at a minimum, and a few of the bigger names in poker who are involved will continue to have negative reports come out about them (Howard Lederer, Chris Ferguson, and Rafe Furst); one player has decided to post an open letter to the [...]
Hendon Mob Drops Full Tilt
The latest fallout of the Full Tilt Poker debacle has taken shape in the form of a farewell from one of the disgraced site’s formerly most fond supporters. The Hendon Mob, the first group of players from Europe to sign on as Full Tilt Poker Pros, is no longer. At first following Black Friday, the [...]
Full Tilt Poker gets KGC License Renewed
On Friday, the Kahnawake Gaming Commission (KGC) announced that it has granted Full Tilt Poker a renewal of its Secondary Client Provider Authorization (Secondary CPA). Over a month ago, Full Tilt Poker had its primary license suspended by the Alderney Gambling Control Commission (AGCC) and has not been open for business for anyone in the [...]
Tom Dwan Responds to the $1 Million Question
Just after the indictment of Full Tilt Poker, Poker Stars, and Absolute Poker, the online poker world was in a frenzy in the United States. Players had an incredible amount of money locked up in the online poker sites, so on April 19th, just four days after the indictment; both Tom “durrr” Dwan, and Phil [...]
Full Tilt Poker Hearings end in Disgrace
The Full Tilt Poker hearings regarding their Alderney Gambling Control Commission (AGCC) license was held earlier today and lawyers for Full Tilt immediately asked the commissioners to make the public hearings closed to the public. The lawyers cited “confidential information that would impede further negotiations with the Unnamed European investor group”. After a three-hour deliberation [...]
Full Tilt Poker Revival seen as Unlikely
The latest rumors about embattled Full Tilt Poker and their fall from grace had unknown European investors set to buy up the beleaguered franchise. Now ERG Magazine is reporting that those investors are only interested in certain UK and Ireland based parts of the company. The word is that they want nothing to do with anything facing [...]
Full Tilt Fumbles Beyond Recovery?
Everyone in the poker world seems to be wondering what fate will come of Full Tilt Poker, the deposed leader of online poker (along with its rival, the still-standing Poker Stars). The news out of FullTilt of late seems like nothing but a litany of dismal headlines. Here’s a rough chronology of the latest string [...]
Ray Bitar out as Full Tilt Poker CEO
After weeks of conflicting news on the Full Tilt Poker situation, two startling developments are beginning to unfold. First, rumors are circulating that there is a new captain leading the ship. At the most recent board of directors’ meeting, wanted man Ray Bitar was voted out of his role as CEO. Obviously, this has been [...]
Full Tilt Poker Closed
The last week of June wasn’t just the end of the ’10-’11 Fiscal Year. It was also the official end of Full Tilt Poker. A descent that started on April 15 of this year, thereafter considered by the online poker world to be Black Friday, ended last week when Full Tilt Poker closed its doors, [...]
Report: Full Tilt Poker Sold
The LA Times is reporting that European investors are poised to buy a majority stake in Pocket Kings, the parent company of Full Tilt Poker. So far this is the only report on the matter, but the Times got this quote from Phil Ivey’s lawyer, David Chesnoff ”Mr. Ivey intends to dismiss his lawsuit as [...]
Full Tilt Poker Servers Down
The Full Tilt Poker servers are down following the suspension of its Alderney licences. All real money play throughout the world has been suspended and players who were in the middle of online poker tournaments were booted off the site. Full Tilt Poker’s website says the servers being down is due to “Scheduled Maintenance”. Players [...]
Alderney suspends Full Tilt Poker’s operating licence
BREAKING NEWS: The Alderney Gambling Control Commission (AGCC) has suspended the licences for Full Tilt Poker. Full Tilt is required to suspend all operations from within the jurisdiction immediately. The AGCC said in a statement this morning: “The decision to suspend these licenses follows a special investigation prompted by the indictments unsealed by US Attorney [...]
Full Tilt Poker Faces Another Lawsuit
Full Tilt Poker can’t win for losing, it seems. First one of its leading spokesmen and biggest draws, Phil Ivey, soured to the site, quitting its team of pros and suing the site’s parent company, Tiltware, for $150 million. Now one of its former leading spokeswomen, Clonie Gowen, has revived a formerly defunct lawsuit she [...]
Phil Ivey Lawsuit & WSOP Boycott Raises Fellow Pros’ Ire & Support, Alternately
By now it’s no big news that Phil Ivey is boycotting the 2011 World Series of Poker. Nor are there many poker fans who haven’t yet heard that Ivey is suing Tiltware, the company responsible for Full Tilt Poker’s failure to refund to its locked-out U.S. players their unused funds and gains. That’s because it’s [...]
Full Tilt Poker Puppet Show
According to a post on QuadJacks.com the person who has been keeping the poker community informed of what’s going on with US player cash-outs from Full Tilt Poker is none other than Full Tilt Poker PR representative Michelle Clayborne posing as “FTPDoug” on the 2+2 Poker Forums. As source close to Full Tilt Poker claims [...]
Phil Ivey Fed Up: Sues Full Tilt, Boycotts WSOP
Just a year and a half ago, Phil Ivey was sitting at the final table of the World Series of Poker, one of the esteemed November Nine. This year, he’ll be sitting out the event entirely, in protest to what he sees as Full Tilt Poker’s unfair treatment of its American-based players. On top of [...]