FBI seizes domains of pokerstars, full tilt, ub.. (UPDATE: Howard Lederer Interview)

**BooG690** · 10-29-2011 07:04 AM

Blanca Gaming Considering Liquidating Assets to pay American Players « Poker Blogs

ONE TIME

**BooG690** · 11-01-2011 06:15 AM

More big news: MGM and Boyd Gaming Team Up with Bwin.Party « Poker Blogs

**bikes** · 11-01-2011 06:47 PM

BREAKING: GBT and DOJ Strike Deal, FTP Sale Pending | Subject: Poker

After weeks of waiting, Subject: Poker can confirm that Groupe Bernard Tapie and the US Department of Justice have come to terms that allows GBT’s acquisition of Full Tilt Poker to continue. If FTP’s current shareholders agree to acquisition of their company, this deal with the DOJ will provide for payment of all players worldwide.

Multiple sources have confirmed to S:P that the following email went out this morning to Tiltware shareholders from Ray Bitar:

Dear members,

I am pleased to announce that today the Department of Justice and Groupe Bernard Tapie have reached an agreement in principle regarding the acquisition of the companies comprising FullTiltPoker. My understanding is the deal provides that in exchange for an agreed upon payment by GBT, and a GBT commitment to assume responsibility for payment of ROW players, DoJ will reimburse US players and settle the outstanding civil litigation with the companies comprising FTP. Beyond these conditions, issues like the time frame and process for repayment of players remain unclear at this point and time.

With DoJ’s consent now in hand, GBT may now proceed to finalize an agreement to acquire the companies or assets that comprise FTP. That agreement will very likely address the status of your shares or interests in the successor company. When I receive that agreement, I will coordinate with our attorneys to ensure the terms of that proposed agreement will be shared with the membership and voted on.

-Ray

Final details are still being worked out between GBT and the US Attorney’s Office for the Southern District of New York. Subject: Poker hopes to be able to report the full terms of the deal in the coming days. Once this is complete, Groupe Bernard Tapie will be able to propose a deal to acquire Full Tilt Poker directly to its shareholders. Members representing two thirds of ownership interest must vote to approve any such deal.

Subject: Poker has confirmed from numerous sources that, if shareholders agree to GBT’s proposal, Groupe Bernard Tapie will assume responsibility of Full Tilt’s debt to non-US players and the US DOJ will set up a fund to repay US players. We do not know at this time what the timeline for such repayment will be.

If current FTP shareholders agree to the sale, GBT can move on to licensing, making the new company one step closer to launch.1

Again, Subject: Poker is activelyworking to bring our readers the full details of the deal, and we will publish what we know as soon as possible. We typically do not publish such information with so little detail, but we felt that this situation warranted fast publication.

**boost** · 11-01-2011 07:09 PM

Obv this is awesome... but I do kind of wish that GBT was dishing out my money, not the DOJ. But then again, after the phone surveys... maybe having the DOJ, who presumably has 100 pennies sitting in seized accounts, pay us out is best?

**drmcboy** · 11-17-2011 08:22 PM

Groupe Bernard Tapie to buy Full Tilt Poker - Yahoo! Finance

As part of the deal, the French firm will take responsibility for the burned players outside the U.S., while the Department of Justice will facilitate paybacks to the American gamblers who lost about $150 million. American players will have to apply to the DOJ for compensation.

won't feel real until I see the money but...

**drmcboy** · 11-17-2011 08:22 PM

i guess was also announced on Fox news and confirmed by FTP lawyer (per 2+2)

**fjuanl** · 11-18-2011 01:04 AM

Yahoo article is down for me.

BREAKING: DOJ and GBT Ink Their Deal, FTP/GBT Next in the Queue | Subject: Poker

FTP’s shareholders still must agree to the forfeiture of the companies’ assets in order for the deal to move forward.

<-- cautiously excited

**kiwiMark** · 11-18-2011 06:22 AM

Lederer's never gonna agree to the forfeiture of his black card.

**boost** · 11-18-2011 08:05 AM

Man, I hope the DOJ handles this well. It should be a really simple process, but obviously it's something that could easily be fucked up by some incompetent bureaucrats.

Take a look at the IRS for example. I can file online, and I get my return in a matter of days. If it takes the DOJ like 6 months + to figure this out, it would just be a shame.

**rong** · 11-18-2011 08:27 AM

I can't see the doj being in any rush to hand over vast sums of money.

**boost** · 11-18-2011 09:45 AM

Originally Posted by DanAronG

I can't see the doj being in any rush to hand over vast sums of money.

Maybe not a big rush, but what exactly is their incentive to hold onto it? I wouldn't imagine that they can use the money, so it really does them no good to hold onto it.

**bikes** · 11-18-2011 03:55 PM

logic not government's strong point imo

**bikes** · 12-15-2011 05:03 PM

FTP and GBT Agree on Assets; DOJ Next in the Queue | Subject: Poker

good news is good

**drmcboy** · 12-15-2011 05:39 PM

slowest board run out ever

**Illfavor** · 12-25-2011 05:09 AM

Made the front page online, not bad.

http://www.nytimes.com/2011/12/25/us...rtment.html?hp

Cliffs: DoJ reads Wire Act.

**EasyPoker** · 12-25-2011 10:53 PM

Originally Posted by drmcboy

slowest board run out ever

rofl

**KoRnholio** · 12-25-2011 11:02 PM

Originally Posted by Illfavor

Made the front page online, not bad.

http://www.nytimes.com/2011/12/25/us...rtment.html?hp

Cliffs: DoJ reads Wire Act.

FTR does news too you know

DOJ Clarifies that Wire Act only applies to Sports Betting « Poker Blogs

**bikes** · 01-26-2012 02:48 AM

Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal | Subject: Poker

FUCKING HELL WHAT THE FUCK

**lolzzz_321** · 01-26-2012 07:10 AM

he should be crucified

**boost** · 01-26-2012 11:18 AM

Originally Posted by lolzzz_321

he should be crucified

**givememyleg** · 01-26-2012 03:07 PM

god damn

**drmcboy** · 01-26-2012 04:50 PM

have never trusted long hairs

**thelorax** · 01-26-2012 06:16 PM

massive piece of shit

**bikes** · 01-27-2012 12:34 AM

http://www.pokerplayernewspaper.com/...pay-dirt-11874

kinda nice news after i want to stake jesus through his ankles

**boost** · 01-27-2012 07:46 AM

ya, that is def good news. Let's just hope that it wasn't written prior to the Jesus stuff hitting the press.

**bikes** · 02-01-2012 03:28 AM

REPORT: Full Tilt Poker, DOJ Agree on Forfeiture Agreement; RICO Suit Dismissed | PokerNews

**boost** · 02-01-2012 04:43 AM

one fucking time

btw, getting paid would be so sweet now, because enough time has elapsed where I no longer think of the money as mine. Pretty much freerollin now.

**Roid_Rage** · 02-01-2012 06:07 AM

+1

Surprise check for like $1.2k (forget how much now :S) would be pretty sexcellent to go w/ tax returns.

**bikes** · 02-01-2012 06:10 AM

Judge Dismisses Most of FTP Class Action | Subject: Poker

**bikes** · 02-01-2012 06:12 AM

Chris Ferguson Close To Settling With DOJ, Lawyer Says

**boost** · 02-01-2012 06:33 AM

bling blang blaow

let's keep this momentum rolling...

**bigred** · 02-01-2012 01:05 PM

Is online poker legal in the States yet?

**dranger7070** · 02-02-2012 04:39 AM

America.

Fuck yea.

**bikes** · 02-02-2012 11:05 PM

News: Exclusive: Groupe Bernard Tapie Unable to Collect Owed Funds from Several Pros

**bikes** · 02-02-2012 11:06 PM

barry greensteins response xpost from 2p2
Two Plus Two Poker Forums - View Single Post - Response regarding money I owe to Full Tilt

**boost** · 02-03-2012 09:37 AM

honestly, it seems like Greenstein is on point here. It is highly likely that American players, if they see money at all, see less than 100c on the dollar. So why should American pros settle their debt with GBT, instead of paying into the pool that will make American players whole? Obviously I want the deal to go through, but that doesn't mean GBT is the infallible hero of the story.

**bikes** · 02-03-2012 07:48 PM

http://pokerupdate.com/news/the-full...poke-too-soon/

gotta keep the people updated

**donkbee** · 02-04-2012 12:59 AM

PokerUpdate » Full Tilt - Spoke Too Soon?

bikes your link is broken, they had a typo and fixed it

**bikes** · 02-24-2012 05:58 PM

Whispers from Full Tilt | News

-.-

**bikes** · 02-24-2012 06:02 PM

excuse me while i completely discard any hope i had accumulated over the past 2 months. not so much for myself, cause i had mebbe 2-3k in lost monies but i have a lot of friends with fuck tons of monies there and this is completely shitty news for them.

**rong** · 02-24-2012 09:13 PM

If things ever start to look like Fulltilt will be returning funds or that you American folk may be allowed to play again, can someone post it in a new thread, I'm sick of coming in here to check, it's depressing.

**drmcboy** · 03-03-2012 05:31 AM

http://www.pokerplayernewspaper.com/...or-board-11965

worth noting this author has done many articles re: the deal and most of them were negative.

**boost** · 03-03-2012 08:37 AM

fucking roller coaster.

**bikes** · 03-07-2012 03:11 AM

News: Exclusive: Full Tilt Poker CEO Ray Bitar Apologizes to the Poker World

**dranger7070** · 03-07-2012 08:43 AM

Just give me my money you fucking crook.

Little late,for 'oh, my bad'

**bigred** · 03-07-2012 03:24 PM

Is online poker legal yet?

**StarGrinder** · 03-07-2012 04:31 PM

Goddammit. Every time this thread is bumped it's like watching a super hot chick walk into the room by herself then kiss the guy sitting at the bar. Hopes, crushed.

**BennyLaRue** · 03-07-2012 04:37 PM

Why do you care if I'm sitting at the bar?

**kickass** · 03-07-2012 05:10 PM

Originally Posted by StarGrinder

Goddammit. Every time this thread is bumped it's like watching a chick walk into the room by herself then kiss the super hot guy sitting at the bar. Hopes, crushed.

fyp thought it suited you more this way

**bikes** · 03-07-2012 05:11 PM

10-29-2011 07:04 AM #901
BooG690 View Profile View Forum Posts Private Message Join Date Mar 2009 Posts 4,185	Blanca Gaming Considering Liquidating Assets to pay American Players « Poker Blogs ONE TIME
	That's how winners play; we convince the other guy he's making all the right moves.
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11-01-2011 06:15 AM #902
BooG690 View Profile View Forum Posts Private Message Join Date Mar 2009 Posts 4,185	More big news: MGM and Boyd Gaming Team Up with Bwin.Party « Poker Blogs
	That's how winners play; we convince the other guy he's making all the right moves.
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11-01-2011 06:47 PM #903
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	BREAKING: GBT and DOJ Strike Deal, FTP Sale Pending \| Subject: Poker After weeks of waiting, Subject: Poker can confirm that Groupe Bernard Tapie and the US Department of Justice have come to terms that allows GBT’s acquisition of Full Tilt Poker to continue. If FTP’s current shareholders agree to acquisition of their company, this deal with the DOJ will provide for payment of all players worldwide. Multiple sources have confirmed to S:P that the following email went out this morning to Tiltware shareholders from Ray Bitar: Dear members, I am pleased to announce that today the Department of Justice and Groupe Bernard Tapie have reached an agreement in principle regarding the acquisition of the companies comprising FullTiltPoker. My understanding is the deal provides that in exchange for an agreed upon payment by GBT, and a GBT commitment to assume responsibility for payment of ROW players, DoJ will reimburse US players and settle the outstanding civil litigation with the companies comprising FTP. Beyond these conditions, issues like the time frame and process for repayment of players remain unclear at this point and time. With DoJ’s consent now in hand, GBT may now proceed to finalize an agreement to acquire the companies or assets that comprise FTP. That agreement will very likely address the status of your shares or interests in the successor company. When I receive that agreement, I will coordinate with our attorneys to ensure the terms of that proposed agreement will be shared with the membership and voted on. -Ray Final details are still being worked out between GBT and the US Attorney’s Office for the Southern District of New York. Subject: Poker hopes to be able to report the full terms of the deal in the coming days. Once this is complete, Groupe Bernard Tapie will be able to propose a deal to acquire Full Tilt Poker directly to its shareholders. Members representing two thirds of ownership interest must vote to approve any such deal. Subject: Poker has confirmed from numerous sources that, if shareholders agree to GBT’s proposal, Groupe Bernard Tapie will assume responsibility of Full Tilt’s debt to non-US players and the US DOJ will set up a fund to repay US players. We do not know at this time what the timeline for such repayment will be. If current FTP shareholders agree to the sale, GBT can move on to licensing, making the new company one step closer to launch.1 Again, Subject: Poker is activelyworking to bring our readers the full details of the deal, and we will publish what we know as soon as possible. We typically do not publish such information with so little detail, but we felt that this situation warranted fast publication.

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11-01-2011 07:09 PM #904
boost View Profile View Forum Posts Private Message Join Date Mar 2005 Posts 8,932 Location Chicago	Obv this is awesome... but I do kind of wish that GBT was dishing out my money, not the DOJ. But then again, after the phone surveys... maybe having the DOJ, who presumably has 100 pennies sitting in seized accounts, pay us out is best?

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11-17-2011 08:22 PM #905
drmcboy View Profile View Forum Posts Private Message DrButtInski Join Date Aug 2004 Posts 10,669	Groupe Bernard Tapie to buy Full Tilt Poker - Yahoo! Finance As part of the deal, the French firm will take responsibility for the burned players outside the U.S., while the Department of Justice will facilitate paybacks to the American gamblers who lost about $150 million. American players will have to apply to the DOJ for compensation. won't feel real until I see the money but...

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FBI seizes domains of pokerstars, full tilt, ub.. (UPDATE: Howard Lederer Interview)

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11-17-2011 08:22 PM #906
drmcboy View Profile View Forum Posts Private Message DrButtInski Join Date Aug 2004 Posts 10,669	i guess was also announced on Fox news and confirmed by FTP lawyer (per 2+2)

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11-18-2011 01:04 AM #907
fjuanl View Profile View Forum Posts Private Message Join Date Mar 2005 Posts 2,646	Yahoo article is down for me. BREAKING: DOJ and GBT Ink Their Deal, FTP/GBT Next in the Queue \| Subject: Poker FTP’s shareholders still must agree to the forfeiture of the companies’ assets in order for the deal to move forward. <-- cautiously excited

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11-18-2011 06:22 AM #908
kiwiMark View Profile View Forum Posts Private Message Join Date Jul 2009 Posts 3,261 Location Nu Zuland bru	Lederer's never gonna agree to the forfeiture of his black card.

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11-18-2011 08:05 AM #909
boost View Profile View Forum Posts Private Message Join Date Mar 2005 Posts 8,932 Location Chicago	Man, I hope the DOJ handles this well. It should be a really simple process, but obviously it's something that could easily be fucked up by some incompetent bureaucrats. Take a look at the IRS for example. I can file online, and I get my return in a matter of days. If it takes the DOJ like 6 months + to figure this out, it would just be a shame.

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11-18-2011 08:27 AM #910
rong View Profile View Forum Posts Private Message Join Date Nov 2008 Posts 5,534 Location behind you with an axe	I can't see the doj being in any rush to hand over vast sums of money.
	With a bit of luck, his life was ruined forever. Always thinking that just behind some narrow door in all of his favorite bars, men in red woolen shirts are getting incredible kicks from things he'll never know.
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11-18-2011 09:45 AM #911
boost View Profile View Forum Posts Private Message Join Date Mar 2005 Posts 8,932 Location Chicago	Originally Posted by DanAronG I can't see the doj being in any rush to hand over vast sums of money. Maybe not a big rush, but what exactly is their incentive to hold onto it? I wouldn't imagine that they can use the money, so it really does them no good to hold onto it.

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11-18-2011 03:55 PM #912
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	logic not government's strong point imo

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12-15-2011 05:03 PM #913
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	FTP and GBT Agree on Assets; DOJ Next in the Queue \| Subject: Poker good news is good

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12-15-2011 05:39 PM #914
drmcboy View Profile View Forum Posts Private Message DrButtInski Join Date Aug 2004 Posts 10,669	slowest board run out ever

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12-25-2011 05:09 AM #915
Illfavor View Profile View Forum Posts Private Message Join Date Jun 2008 Posts 1,489 Location Denton, TX	Made the front page online, not bad. http://www.nytimes.com/2011/12/25/us...rtment.html?hp Cliffs: DoJ reads Wire Act.
	Ich grolle nicht...
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12-25-2011 10:53 PM #916
EasyPoker View Profile View Forum Posts Private Message Join Date Nov 2009 Posts 786	Originally Posted by drmcboy slowest board run out ever rofl
	[20:19] <Zill4> god [20:19] <Zill4> u guys [20:19] <Zill4> so fking hopeless [20:19] <Zill4> and dumb
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12-25-2011 11:02 PM #917
KoRnholio View Profile View Forum Posts Private Message Join Date Jul 2005 Posts 2,753 Location Canada	Originally Posted by Illfavor Made the front page online, not bad. http://www.nytimes.com/2011/12/25/us...rtment.html?hp Cliffs: DoJ reads Wire Act. FTR does news too you know DOJ Clarifies that Wire Act only applies to Sports Betting « Poker Blogs
	Some days it feels like I've been standing forever, waiting for the bank teller to return so I can cash in all these Sklansky Bucks.
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01-26-2012 02:48 AM #918
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	Chris Ferguson’s Secret FTP Bank Accounts and Threats to GBT Deal \| Subject: Poker FUCKING HELL WHAT THE FUCK

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01-26-2012 07:10 AM #919
lolzzz_321 View Profile View Forum Posts Private Message NO YOU Join Date Oct 2004 Posts 7,460 Location My ice is polarized	he should be crucified

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01-26-2012 11:18 AM #920
boost View Profile View Forum Posts Private Message Join Date Mar 2005 Posts 8,932 Location Chicago	Originally Posted by lolzzz_321 he should be crucified

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01-26-2012 03:07 PM #921
givememyleg View Profile View Forum Posts Private Message Join Date Nov 2005 Posts 13,799 Location ISHPERMING MISHIGEN	god damn
	ante up with your ass cuz you ain't got a penny
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01-26-2012 04:50 PM #922
drmcboy View Profile View Forum Posts Private Message DrButtInski Join Date Aug 2004 Posts 10,669	have never trusted long hairs

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01-26-2012 06:16 PM #923
thelorax View Profile View Forum Posts Private Message Join Date Jun 2010 Posts 355 Location getting reemed by fee hikes, ca	massive piece of shit
	no pressure, no diamonds
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01-27-2012 12:34 AM #924
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	http://www.pokerplayernewspaper.com/...pay-dirt-11874 kinda nice news after i want to stake jesus through his ankles

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01-27-2012 07:46 AM #925
boost View Profile View Forum Posts Private Message Join Date Mar 2005 Posts 8,932 Location Chicago	ya, that is def good news. Let's just hope that it wasn't written prior to the Jesus stuff hitting the press.

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02-01-2012 03:28 AM #926
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	REPORT: Full Tilt Poker, DOJ Agree on Forfeiture Agreement; RICO Suit Dismissed \| PokerNews

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02-01-2012 04:43 AM #927
boost View Profile View Forum Posts Private Message Join Date Mar 2005 Posts 8,932 Location Chicago	one fucking time btw, getting paid would be so sweet now, because enough time has elapsed where I no longer think of the money as mine. Pretty much freerollin now.
	Last edited by boost; 02-01-2012 at 04:45 AM.
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02-01-2012 06:07 AM #928
Roid_Rage View Profile View Forum Posts Private Message Join Date Nov 2010 Posts 998 Location He just wins, mmkay?	+1 Surprise check for like $1.2k (forget how much now :S) would be pretty sexcellent to go w/ tax returns.
	Originally Posted by d0zer cock sauce and anything asian is great
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02-01-2012 06:10 AM #929
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	Judge Dismisses Most of FTP Class Action \| Subject: Poker

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02-01-2012 06:12 AM #930
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	Chris Ferguson Close To Settling With DOJ, Lawyer Says

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02-01-2012 06:33 AM #931
boost View Profile View Forum Posts Private Message Join Date Mar 2005 Posts 8,932 Location Chicago	bling blang blaow let's keep this momentum rolling...

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02-01-2012 01:05 PM #932
bigred View Profile View Forum Posts Private Message PROFESSIONAL TROLL Join Date Sep 2004 Posts 14,312 Location Nest of Douchebags	Is online poker legal in the States yet?
	LOL OPERATIONS
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02-02-2012 04:39 AM #933
dranger7070 View Profile View Forum Posts Private Message Join Date Oct 2008 Posts 4,080 Location Butnaahhhhhh	America. Fuck yea.

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02-02-2012 11:05 PM #934
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	News: Exclusive: Groupe Bernard Tapie Unable to Collect Owed Funds from Several Pros

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02-02-2012 11:06 PM #935
bikes View Profile View Forum Posts Private Message i roll up Join Date Nov 2007 Posts 6,219 Location house	barry greensteins response xpost from 2p2 Two Plus Two Poker Forums - View Single Post - Response regarding money I owe to Full Tilt

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