Amateur Poker Association & Tour

Poker Forum => General Discussion => Topic started by: mporter123 on April 24, 2012, 17:06:33 PM

Title: Pokerstars buys Full Tilt
Post by: mporter123 on April 24, 2012, 17:06:33 PM
Pretty incredible turn of events, looks fantastic news.

http://pokerfuse.com/news/poker-room-news/pokerstars-buys-full-tilt-settles-with-doj/

http://www.pokercircuit.com/index.php/full-tilt-pokerstars-close-t/

nothing officially confirmed yet of course but rumours abound.
Title: Re: Pokerstars buys Full Tilt
Post by: TheSnapper on April 24, 2012, 18:05:05 PM
Quote from: mporter123 on April 24, 2012, 17:06:33 PM

Pretty incredible turn of events, looks fantastic news.

http://pokerfuse.com/news/poker-room-news/pokerstars-buys-full-tilt-settles-with-doj/

http://www.pokercircuit.com/index.php/full-tilt-pokerstars-close-t/

nothing officially confirmed yet of course but rumours abound.


Not sure if it"s good news though. They would have a huge monopoly in the market.
Title: Re: Pokerstars buys Full Tilt
Post by: MrBlack on April 24, 2012, 18:20:48 PM
Good news for FT players but as said, its a monopoly. Not sure if this will be allowed tbh by regulation committess. Pretty sure theres laws against monopolies?
Title: Re: Pokerstars buys Full Tilt
Post by: dwh103 on April 24, 2012, 18:32:47 PM
Obviously good for those with money on FT - neutral at best imo for the online poker community. Would be nice to have viable competition for Stars (oh, if only Playtech could purchase the FT software).

If true, sounds like some kind of deal has been struck that will allow Stars to operate online in the US once available.
Title: Re: Pokerstars buys Full Tilt
Post by: CincinnatiKid on April 24, 2012, 20:14:36 PM
Good for players who are waiting for their money.Guess PokerStars need a solution to open a backdoor to the US market.
Title: Re: Pokerstars buys Full Tilt
Post by: mylesfdo on April 24, 2012, 20:26:09 PM
Quote from: MrBlack on April 24, 2012, 18:20:48 PM

Good news for FT players but as said, its a monopoly. Not sure if this will be allowed tbh by regulation committess. Pretty sure theres laws against monopolies?


Think plan is for them to run independently which Im guessing eliminates monopoly problems.
Title: Re: Pokerstars buys Full Tilt
Post by: Jon MW on April 24, 2012, 20:46:56 PM
Quote from: mylesfdo on April 24, 2012, 20:26:09 PM

Quote from: MrBlack on April 24, 2012, 18:20:48 PM

Good news for FT players but as said, its a monopoly. Not sure if this will be allowed tbh by regulation committess. Pretty sure theres laws against monopolies?


Think plan is for them to run independently which Im guessing eliminates monopoly problems.


Monopoly arrangements for worldwide organisations are rarely policed anyway - it"s quite unusual at any level for business to be interfered with because of the potential of one.
Title: Re: Pokerstars buys Full Tilt
Post by: CincinnatiKid on April 24, 2012, 20:47:51 PM
Players will be paid within 90 days
FTP will be open in the US market
Isai S. will be stepping down from the company.
Title: Re: Pokerstars buys Full Tilt
Post by: mylesfdo on April 24, 2012, 21:43:56 PM
Non-denial statement issued by Stars:

http://www.pokerstarsblog.com/news/corporate-blog/ (http://www.pokerstarsblog.com/news/corporate-blog/)

gotta be good news!!
Title: Re: Pokerstars buys Full Tilt
Post by: mylesfdo on April 25, 2012, 18:54:48 PM
And more reports that this sale is going through here:

http://pokerfuse.com/news/poker-room-news/pokerstars-reaches-agreement-buy-full-tilt-settle-doj/ (http://pokerfuse.com/news/poker-room-news/pokerstars-reaches-agreement-buy-full-tilt-settle-doj/)
Title: Re: Pokerstars buys Full Tilt
Post by: Cyntaf on April 26, 2012, 00:35:46 AM
Does this mean I will be able to go on and lose the last $71 dollars in my account then? ;D