April 24, 2012

PokerStars to purchase Full Tilt Poker?!


A thread was posted earlier today (at 11.45am) on 2+2 was posted which states:

"PokerStars has reached an agreement with the U.S. Department of Justice to buy FTP. The things I heard:

* All players will be refunded 100%
* Both sites back online
* Both sites have promotions
* Employees remain in both places

Expect more news today."

It has come to light that there might be some truth to this post, and much speculation has occured since. Click here to see the thread: Big News: PokerStars Purchases FTP(?)


Edit: Development #1 (3.45pm)
A tweet from the ChiliPoker CEO seems to give further weight to the rumour:



Edit: Development #2 (4.45pm)
It has become clear that the potential Group Bernard Tapie buy-out of Full Tilt Poker has fallen through, after they released this statement.

Edit: Development #3 (5.30pm)
Poker News site PokerFuse is reporting it as a done deal, saying that "sources have corroborated the story with Pokerfuse that a deal has indeed been reached but could not confirm any specific details".

Edit: Development #4 (8.00pm)
Shaun Deeb has posted on 2+2:
"The deal is already done by what I am told;

Players will be paid within 90 days 
FTP will be open in the US market"


Edit: Development #5 (9.00pm)
PokerStars release a statement saying that they are unable to comment.


See this thread on PokerStrategy for more info on this story.




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2 Comments to "PokerStars to purchase Full Tilt Poker?!"

rubbish said...

Do you think this is a good thing should it happen?

James Atkin said...

I can't see it being a bad thing, certainly seems like the best case scenario for anyone with money on Full Tilt