When Alan Meltzer passed away last October, he left behind $1 million in his will to his chauffeur and another $500,000 to the doorman of his building. An entrepreneurial success story, Meltzer built his fortune in the music business and gained fame in the poker world when he appeared on Season 5 of High Stakes [...]
In another bizarre update to the current Full Tilt Poker and GBT. It also appears that Matusow is not alone in owning Full Tilt money. In an interview with PokerUpdate, Groupe Benard Tapie’s lawyer Behn Dayanim claimed that players such as Barry Greenstein, Phil Ivey, David Benyamine, Layne Flack and Erick Lindgren all owe Full [...]
There has been a rapid influx of developments regarding Full Tilt Poker in the past week and most of it is pretty exciting news for former Full Tilt Poker players who have been awaiting reimbursement of their bankrolls. All of the recent events currently point toward Full Tilt Poker being reopened in the reasonably near [...]
It has been over a month since FlopTurnRiver last reported anything about Groupe Bernard Tapie’s acquisition of Full Tilt Poker. Since then, there hasn’t been that much news concerning the matter. However, new leaked information shines a spotlight on exactly who may be stalling the deal: Chris “Jesus” Ferguson. It is no secret that Ferguson [...]
Complaints are still rolling in to the Alderney Gaming Control Commission (AGCC) by disgruntled former FullTilt Poker players. The AGCC issued a statement to remind players that FullTilt Poker is no longer licensed by their organization, and thus are unable to help mediate disputes or recover any funds owed by the poker site. They will [...]
Full Tilt Poker has reached a transfer agreement with Group Bernard Tapie (GBT), the French investment firm planning to take the company’s reigns. According to a report from Subject:Poker, the former online poker giant will see its assets routed through the United States Department of Justice and then into the hands of their purchaser.
Last week, it was confirmed that the Groupe Bernard Tapie (GBT) came to an agreement to buy the Fulltilt name, assets and debts from the U.S. Department of Justice for a sum of $80 million. The agreement stated that the GBT would be responsible for paying back all international player balances, while American players would [...]
Last week Group Bernard Tapie (GBT) and the Department of Justice came to an agreement which would allow the GBT to purchase Full Tilt Poker and its assets. Currently Full Tilt Poker and all player funds are being held by the American Justice Department. The GBT is reportedly going to pay $80 million to the [...]
For weeks, Groupe Bernard Tapie and the U.S. Department of Justice have been in discussions about the money seized from payment processors that were destined to the hands of former Full Tilt Poker players. There has finally been word that GBT and the DOJ have struck a deal that includes the DOJ paying American players [...]