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Old 04-25-2012, 03:21 PM   #2826
shpanko
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Originally Posted by ConquerorWorm View Post
pleeease tell me you have been impressed with the journalism so far!!! Not one site, Washington post (all teh presidents men) included has done anything more than quote the speculation-mongers on 2+2.

please tell me you have some faith in the press.
So WSJ isn't a credible source? We're getting off topic here though. I just get upset when hard-working individuals like DF or NoahSD get bashed for no reason. It's ridiculous.
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Old 04-25-2012, 03:21 PM   #2827
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by ConquerorWorm View Post
Feel free to attack this. Most ppl can see you for what you are (shill). why would anyone try to undermine a solution that guarantees BR's come back to a$$-raped players? I'll tell U why - because they're dirty little MERGE shills who want the hole thing to fall through.
Go back to whatever elementary school you failed out of please and repeat the 3rd grade and then maybe come back when you've learned how to read and we can have a conversation.

I'm not sure who you think you're disagreeing with, but it isn't me.
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Old 04-25-2012, 03:23 PM   #2828
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by kamikaze baby View Post
Go back to whatever elementary school you failed out of please and repeat the 3rd grade and then maybe come back when you've learned how to read and we can have a conversation.

I'm not sure who you think you're disagreeing with, but it isn't me.
Sophistry. Please provide a factual rebuttal baby.
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Old 04-25-2012, 03:24 PM   #2829
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by shpanko View Post
So WSJ isn't a credible source? We're getting off topic here though. I just get upset when hard-working individuals like DF or NoahSD get bashed for no reason. It's ridiculous.
I didn't mention Noah you dochebag. Noah is a researcher and gets his facts from sources.
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Old 04-25-2012, 03:27 PM   #2830
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

To all the haters itt

Please show the posts that you made that were helpful and informative as the news broke since GET started hiring right up to today. Show how you tried to help players by sifting through all the crap out there to try to bring news to tbe masses. I look forward to reading these posts.

Is mise Tompakee
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Old 04-25-2012, 03:27 PM   #2831
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I didn't mention Noah you dochebag. Noah is a researcher and gets his facts from sources.
And I wasn't implying that you were bashing Noah either. But many people have, I was just saying that it upsets me to see hard working people get bashed by lazy, tin-foil hat wearing morons who only derive pleasure from putting down others. I have read everything DF has posted and every article DF has written. She has done an excellent job and is very professional in general. It seems ridiculous to bash her or for anyone to insinuate that she has been intentionally misleading us.
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Old 04-25-2012, 03:27 PM   #2832
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Originally Posted by shpanko View Post
I have read every DF post in this thread and in the FTP containment thread. Her posts and articles have always been spot on as far as I can tell. Right now the onus is on you to prove that she has been "misleading us" as you are attacking her integrity. So post some proof or stfu and stop trolling.
..so I'm wrong...when is GBT opening up FTP2 again? DF said sometome in May right? Interesting this recent news is in fact just a lie and Tapei is still purchasing and hiring for ftp2.

I wasnt and am not out to get her....its blind defenders like you that cannot grasp a simple point attracting more attention that what she told us was incorrect...Should I still be patient and let tappie to their thing?

Last edited by NEMplsJW; 04-25-2012 at 03:34 PM.
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Old 04-25-2012, 03:27 PM   #2833
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by ConquerorWorm View Post
I didn't mention Noah you dochebag. Noah is a researcher and gets his facts from sources.
You have a lot more than 11 posts on 2+2 I believe. Welcome back!
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Old 04-25-2012, 03:28 PM   #2834
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

I don't know that DF has been misleading us but her latest post leads me to believe that DF/Subject Poker/the rest of the media have been mislead in regards to the GBT deal.

DF's latest post with details of the GBT deal sort of confirms the claims by some, including Wendeen Eolis, that GBT didn't have the funds to complete the deal (or weren't in a position to put it all up themselves) and they needed outside investors to help with the purchase.

It seems that GBT's plan was to negotiate a favorable deal that would attract other investors.

Requiring players to clear their balances isn't unusual, it happened when PokerStars purchased Bugsy's Club, but the very long time it seems it would take players to clear their large balances seems unfair but it would have provided GBT with a lot of time to hopefully show some sort of revenue to attract other investors or a buyer.

Tapei and his attorney were the most vocal in the press regarding the deal. The purpose could have been marketing to get the attention of possible investors.

FTP has their own reasons for wanting the deal to sound more solid than it was. It makes them seem like their doing something to help players and having at least one deal on the table makes it easier to negotiate better terms if another party is interested.

PokerStars might have been on the sidelines watching the deal. They might have preferred to own FTP rather than let someone else own it but they didn't think anyone would buy the stinking pile of crap FTP has become. Hearing that the GBT deal was near completion might have made them make an offer. They were going to be signing a big check over to the DOJ anyway, might as well get something out of it.

GBT had invested a decent chunk of time and money on the deal and I wonder if they're going to get something out if it.
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Old 04-25-2012, 03:29 PM   #2835
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by ConquerorWorm View Post
S
How do you think a journo gets their news, uh? Do they use a secret command on netscape navigator and it reveals teh TRUTH? Or is it "leaked" to them.
You're obviously not a journalist nor do you understand how they do their jobs.
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Old 04-25-2012, 03:31 PM   #2836
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

lol, same old **** speculating till we get official news "next week".
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Old 04-25-2012, 03:32 PM   #2837
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by Shobun View Post
ok, I might be asking the most stupid question ever but what's in it for stars? 750 mil for what exactly?
This is the big question. People saying or and goodwill are wrong. To potentially keep anyone else from getting the software to launch a competitor? But that is not worth it alone. The DOJ will have to give them something.
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Old 04-25-2012, 03:32 PM   #2838
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by CGM View Post
respect for being a good mod here, but how about letting this thread just evolve naturally and stop trying to control the pace and flow of content

you have plenty of other threads to lock and edit, so please stop grandstanding and just stay out of the way of this one and let it just run its course organically

you don't need to micro-manage this one bro
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Originally Posted by FDSaussure View Post
Are you seriously berating a mod for stating facts?
Yeah.. that might be the weirdest criticism I've ever received.
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Old 04-25-2012, 03:32 PM   #2839
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Originally Posted by ConquerorWorm View Post
I didn't mention Noah you dochebag. Noah is a researcher and gets his facts from sources.

How do you know where DF gets her information? You seem to have first hand knowledge that her sources are of poorer quality than Noah's. Please provide some friggin evidence for anything that you are saying.
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Old 04-25-2012, 03:32 PM   #2840
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by Huskermoney00 View Post
lol, same old **** speculating till we get official news "next week".
I think it will be 2 weeks.
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Old 04-25-2012, 03:36 PM   #2841
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by NoahSD View Post
Yeah.. that might be the weirdest criticism I've ever received.
The way this thread is devolving, a little mico managing would not be unwelcome, at least to me. You don't need us defending you either BTW, I think you have shown you have the chops for "Troll Gigging" in the past.
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Old 04-25-2012, 03:37 PM   #2842
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by lwlee View Post
Seems pretty pricey to spend 3/4 billion dollars for goodwill. If they let FTP go down, they still own the poker market. So the logic is that by paying so much money, PS is actually buying a deal with DOJ to eventually allow US cash games. That's the only way I can see this making sense.
Yeah the goodwill angle is a non starter. Stars would have been better off never getting near this if that is the payoff. They have to get some serious concessions from the doj to put up so much money. The FTP software is not worth that much to them.
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Old 04-25-2012, 03:38 PM   #2843
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by IamPro View Post
From the article
I am trying to figure out who has this amount of money in the poker industry, ideas?
Guy Laliberte for sure does....
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Old 04-25-2012, 03:39 PM   #2844
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

lets assume that the GBT deal was canceled 3 or 6 months ago.

would stars have taken this step 3 or 6 month ago?
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Old 04-25-2012, 03:41 PM   #2845
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

If this page is any indication, I'm glad that I didn't read the last 9 pages.
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Old 04-25-2012, 03:41 PM   #2846
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by ConquerorWorm View Post
Sophistry. Please provide a factual rebuttal baby.
Why should he/she? You haven't presented a single fact, nothing more than conclusory allegations.
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Old 04-25-2012, 03:42 PM   #2847
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by epix- View Post
lets assume that the GBT deal was canceled 3 or 6 months ago.

would stars have taken this step 3 or 6 month ago?
Why do we need to assume 3 or 6 months ago? The exclusivity agreement with GBT ended on March 16th??

If anything, we can assume that Stars would have started to come in with their offer shortly after.
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Old 04-25-2012, 03:43 PM   #2848
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by gimmepilotwings View Post
Why do we need to assume 3 or 6 months ago? The exclusivity agreement with GBT ended on March 16th??

If anything, we can assume that Stars would have started to come in with their offer shortly after.
No he's saying IF it happened 3 or 6 months ago would Stars be doing the same thing as today.
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Old 04-25-2012, 03:45 PM   #2849
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by epix- View Post
lets assume that the GBT deal was canceled 3 or 6 months ago.

would stars have taken this step 3 or 6 month ago?
Possibly. Possibly not. Meaningless to speculate becuase, given the nature and timing of litigation, it's also entirely possible that had the GBT deal been canceled 3-6 months ago, PS could still have taken this step this week.

The DOJ lawsuit would likely still be in the discovery phase today (in other words, trial would not have taken place), and a settlement could still be reached.
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Old 04-25-2012, 03:47 PM   #2850
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Re: Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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Originally Posted by FDSaussure View Post
No he's saying IF it happened 3 or 6 months ago would Stars be doing the same thing as today.
And the answer is the same. Perhaps, perhaps not, but in either instance, Stars could still be doing the same thing today, that they do appear to be doing today.

That is, unless someone else actually managed to close a transaction in between 3-6 months ago and now, which would also be possible, but inherently speculative to the extent it's meaningless.
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