Posted by Steve Ruddock on Dec 16, 2011 Posted in Poker News | No Comments »
fulltiltpoker sold

After a majority vote by shareholders the sale of Full Tilt poker to Groupe Bernard Tapie is one-step closer to becoming a reality according to a report by Diamond Flush at Subject Poker. According to the article, multiple sources told the author that the vote passed allowing FullRead Full Article

Posted by Steve Ruddock on Nov 19, 2011 Posted in Poker Industry News | No Comments »
fulltiltpoker sold

It appears we may all have jumped the gun a bit after CNN Money posted an article (that was quickly taken down by the site). A new version of the article was posted on CNN Money on Friday, with some corrections made; corrections that will not sit wellRead Full Article

Posted by Steve Ruddock on Nov 17, 2011 Posted in Poker News | No Comments »
fulltiltpoker sold

In a post by CNNMoney.com that was later taken down (the article appears to be under embargo at the moment) it was stated that Full Tilt Poker had been sold to Groupe Bernard Tapie for $80 million. If the story turns out to be accurate (which is quiteRead Full Article

Posted by Steve Ruddock on Nov 03, 2011 Posted in Poker News | No Comments »
fulltiltpoker sold

One of the main principles involved in the ongoing negotiations for Groupe Bernard Tapie in their take-over bid of the struggling online poker site Full Tilt Poker has confirmed that the article written on Subject: Poker Tuesday was indeed accurate, and that the US Department of Justice hasRead Full Article

Posted by Steve Ruddock on Nov 01, 2011 Posted in Poker News | No Comments »
fulltiltpoker sold

According to the website Subject: Poker, a deal has been struck between Groupe Bernard Tapie and the US Department of Justice that would see the DOJ take on the responsibility of repaying US players, while Groupe Bernard Tapie would take over the site’s current obligations to players fromRead Full Article

Posted by Steve Ruddock on Oct 21, 2011 Posted in Poker News | No Comments »

In 2006 Party Poker was the largest online poker room in the world, but after UIGEA legislation was passed the publicly traded company was forced to leave the US market, as well as facing the US Department of Justice in court –Party Poker would eventually strike a dealRead Full Article

Posted by Steve Ruddock on Oct 08, 2011 Posted in Poker News | 2 Comments »

Over the years there have been a lot of scandals involving poker players and in most of these cases the transgressions that occurred would eventually be forgiven provided the money involved wasn’t off-the-charts, and the perpetrator was willing to pay their dues and rehabilitate their image. However, thereRead Full Article

Posted by James Guill on Oct 05, 2011 Posted in Poker News | No Comments »

Last week, Full Tilt announced that it had reached an acquisition agreement with Group Bernard Tapie.  Since that time, various information has been released either through lawyers or directly from Bernard Tapie in the form of interviews.  Here is the good, the bad, and the ugly from theRead Full Article

Posted by Steve Ruddock on Sep 30, 2011 Posted in Poker Industry News | No Comments »
fulltiltpoker sold

Hours after the first whispers of a deal to purchase the ailing online poker room Full Tilt poker hit the Internet, iGamingFrance.com landed an exclusive interview with the man heading the group of investors that have entered into an Acquisition Agreement with Full Tilt poker, Laurent Tapie. AccordingRead Full Article

Posted by James Guill on Sep 21, 2011 Posted in Poker News | 3 Comments »

Unless you have been living under a rock, you know that on Tuesday, the United States Department of Justice issued a modified civil complaint that included Howard Lederer, Chris Ferguson, and Rafe Furst.  Furthermore, it was revealed that Full Tilt not only had a shortfall of funds forRead Full Article