Full Tilt Poker Deal Successfully Completed According to Report

PokerStars Purchasing Full Tilt Poker
By compncards
Published: July 27 2012

Follow up on the story: Full Tilt Poker players to get Full Refund within 90 days

According to an article on Poker Player Newspaper, the negotiations between Full Tilt Poker and PokerStars have reached a conclusion and an announcement on the details will be soon.

The article’s writer, Wendeen H. Eolis, also stated that she believes that players will receive their Full Tilt Poker funds in time for Christmas shopping.  These details come from what Eolis calls a “consistently impeccable resource.”  She did not give details because she said that the PPN print edition was about to come out and she would not be able to provide details before that point.

Should Eolis’ source prove reliable, this would spell a successful end for players in the Full Tilt Poker saga, one that has seen $390 Million of player funds squandered by Full Tilt Poker executives and players left holding the bag.  PokerStars would further their positive karma amongst players by repaying these funds.

The rumored deal between PokerStars and the US Department of Justice became public a couple of months ago and has since been the topic of public scrutiny by many in the poker community.  Ranging from “it’s a done deal” to “never going to happen”, players have waited patiently to find out if their funds would ever be returned.

Full Tilt CEO Ray Bitar is currently in his home in California on monitored bail following surrendering himself to federal authorities.  Chances are that we will see a resolution in the way of a plea agreement announced by the DOJ sometime in the next couple of weeks should today’s report hold true.

As always, we will keep you informed on this story as new details develop.

2 Responses to “Full Tilt Poker Deal Successfully Completed According to Report”

  1. gary williges says:

    Does anybody here have a clue as to what is happening with ewallet seizure?????????? any D.O.J. contact information , ewallet contact information(phone number has been disconnected, web page unable to see in U.S.A.), just amazing when people tell you they are putting pressure on this condition, but when you ask who they tell you it,s complicated, LMAO, my position is I am now not wasting any of my time on this Ole yeah I was also told Good Luck at calling my state attorney on this(yeah without documents from D.O.J.) it,s dam impossible to look like a force to be dealt with…P.P.A. is a funny association cant wait to ever get a official on the felt….I wont bother with them no more , Vegas big boys got this under control as far as online getting done n as far as ewallet, bye $$$$$$$$$$$$$$$ :)

  2. FullGuiltPoker says:

    Whether players are paid or not is doesn’t make it right what FTP did to players!! There will be NO HATCHET BURIED FOR THOSE SCUMBAGS! Justice will be served when they (Bitar, Howard & Chris) are sitting in a jail cell doing 145 years in prison.

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