AGCC/FTP Hearing Thread (Hearing now delayed until September)

[Peter Popoff]

The players do have some of the responsibility but Full Tilt's responsibility is much larger and much more relevant. Yeah we were all taking a risk playing on these sites but that doesn't give them a free pass to behave irresponsibly. It's also a little hard to see all the risks when FT was going out of it's way to hide things/ not be transparent.

This is the same company that post BF announced their global business was healthy and operating as normal. ~ A month later they get shut down and a bunch of non-US players have money stuck. It's a joke.

Sad thing is there's a good chance we find out even more shady stuff FT was up to.

One thing for sure though is I won't end up in this situation again.

[costanza_g]

yes howard, youre so much smarter than all of us for not playing poker as our sole source of income for the past 5-8 years.

happy now?

[gradx]

CEO of ChiliPoker just reported on QJ radio that FTP is still in exclusive negotiations and that ARJEL has extended their period to allow the audit to continue and he expects AGCC to follow suit, so nothing new today from the AGCC....supposedly

Also reported that the license was suspended for not having sufficient funds to cover the ratio of player funds, so the audit needs to finish to satisfy this requirement and have the license reinstated.

Edit: additional info
Revenue: Just under $1B last year, company paid dividends every year.
Source: European regulatory body

[anteatereater]

source on quadjacks is saying the hearing will be basically postponed, because of the ongoing negotiations FTP is involved in.

the guy is alex ??? with a french accent.

EDIT: it's apparently Alexandre Dreyfus, Chilipoker CEO

[Tirppa]

Originally Posted by costanza_g

Nothing good is going to come of this hearing, i dont know why everyone is so excited.

this

[Howard Beale]

Originally Posted by costanza_g

yes howard, youre so much smarter than all of us for not playing poker as our sole source of income for the past 5-8 years.

happy now?

Where does this come from? Show me where I've said anything unreasonable.

[anteatereater]

Originally Posted by anteatereater

source on quadjacks is saying the hearing will be basically postponed, because of the ongoing negotiations FTP is involved in.

the guy is alex ??? with a french accent.

EDIT: it's apparently Alexandre Dreyfus, Chilipoker CEO

he's saying the hearing will just consist of FTP standing up and refusing to speak because of ongoing negotiations.

[catuskid]

Originally Posted by anteatereater

source on quadjacks is saying the hearing will be basically postponed, because of the ongoing negotiations FTP is involved in.

oh no really

[anteatereater]

here's his twitter

From @Alex_Dreyfus: "A source from a 'European regulatory body' tells me the hearing today will most likely be delayed, audit not finished."

[three_dee]

Originally Posted by A_C_Slater

It is joy to the just to do judgment, but destruction shall be to the worker's of iniquity. --- Proverbs 21:15

"There she lusted after her lovers, whose genitals were like those of donkeys and whose emission was like that of horses." -- Ezekiel 23:20

[anteatereater]

another tweet

@igamingFrance: Exclusive: Full Tilt Poker will request an additional delay in order to finalize their negotiations with new investor.

[anteatereater]

dreyfus expecting a one-month postponement of the hearing

[Tirppa]

Originally Posted by anteatereater

here's his twitter

From @Alex_Dreyfus: "A source from a 'European regulatory body' tells me the hearing today will most likely be delayed, audit not finished."

Aahhahahahaha ahahahhahahahah ahahahahhaah

lolololololololololololol..

[fergus8]

24H radio coverage for a postponement

incredible scenes

[BigDish]

alright, now this is starting to get pretty redic