Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT - Page 135 - Poker News

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Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT

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05-12-2012 , 02:30 PM

#3351

Kirbynator

Carpal \'Tunnel

Join Date: Aug 2006 Posts: 52,004

that question has been asked about 30 times and answered many times over

05-12-2012 , 02:36 PM

#3352

joeyrulesall

Pooh-Bah

Join Date: Feb 2011 Posts: 3,532

Quote:

Originally Posted by Kirbynator

that question has been asked about 30 times and answered many times over

Hasn't been answered truthfully. It's been answered by people blinded by the optimism of being paid back.
Now that the euphoria has somewhat worn off and people are thinking more clearly can someone give me a real reason why this would happen.

05-12-2012 , 02:43 PM

#3353

Happy_Fish

Carpal \'Tunnel

Join Date: Mar 2012 Posts: 7,497

Thousands and thousands of players who wouldn't dream of playing anywhere else?

05-12-2012 , 02:45 PM

#3354

joeyrulesall

Pooh-Bah

Join Date: Feb 2011 Posts: 3,532

Quote:

Originally Posted by Happy_Fish

Thousands and thousands of players who wouldn't dream of playing anywhere else?

Was about 20 thousand post black Friday I believe and a lot of that number probably already play on stars. So how could that possibly help stars??

05-12-2012 , 02:53 PM

#3355

Alex_Striker

grinder

Join Date: Feb 2009 Posts: 403

I doubt Stars, if rumors are true, is doing this out of the goodness of their hearts. It seems more likely that it's the DoJ leveraging a dismissal of charges towards Scheinberg and possibly Stars in order to resolve this quickly and to get all players paid out.

05-12-2012 , 02:54 PM

#3356

joeyrulesall

Pooh-Bah

Join Date: Feb 2011 Posts: 3,532

Quote:

Originally Posted by Alex_Striker

Now that is a good point. Very possible.

05-12-2012 , 03:00 PM

#3357

Kirbynator

Carpal \'Tunnel

Join Date: Aug 2006 Posts: 52,004

and it has been said dozens of times before in this thread, unlike your previous dumb assessment that everybody was "blinded"

05-12-2012 , 03:20 PM

#3358

Happy_Fish

Carpal \'Tunnel

Join Date: Mar 2012 Posts: 7,497

Quote:

Originally Posted by joeyrulesall

Was about 20 thousand post black Friday I believe and a lot of that number probably already play on stars. So how could that possibly help stars??

Because the situation as it stands now is not going to be the situation forever. When poker comes back to the USA, they get all the Full Tilt players from the US. They also probably get some sort of deal with the DOJ.

05-12-2012 , 03:26 PM

#3359

joeyrulesall

Pooh-Bah

Join Date: Feb 2011 Posts: 3,532

Quote:

Originally Posted by Kirbynator

and it has been said dozens of times before in this thread, unlike your previous dumb assessment that everybody was "blinded"

Your responses are worse than your lame avatar.

05-12-2012 , 03:31 PM

#3360

IamPro

one time Plz???

Join Date: Jan 2009 Posts: 17,652

So when is the next real hearing?

05-12-2012 , 03:33 PM

#3361

Kirbynator

Carpal \'Tunnel

Join Date: Aug 2006 Posts: 52,004

Quote:

Originally Posted by joeyrulesall

Your responses are worse than your lame avatar.

says the guy who thinks competition is better for a company than a monopoly

lmao

05-12-2012 , 03:52 PM

#3362

Underrated

adept

Join Date: Jul 2007 Posts: 870

And your avatar is awesome.

05-12-2012 , 03:57 PM

#3363

thebottomline

enthusiast

Join Date: Jul 2007 Posts: 69

Quote:

Originally Posted by joeyrulesall

I thought I missed 2+2, but I forgot about joeyrulesall...

05-12-2012 , 04:19 PM

#3364

Blizzuff

veteran

Join Date: Jun 2009 Posts: 2,713

Quote:

Originally Posted by wsmp

Wouldn't surprise me at all if PokerStars just ****ed the GBT deal and now are leaving ftp to die. And yes the GBT deal as far as we know seemed to be horrible for a lot of players but better than nothing at least.

Ahh, I missed this thread.

05-12-2012 , 04:29 PM

#3365

ShipItYo

veteran

Join Date: Nov 2008 Posts: 2,041

if the stars deal doesn't work out and we get screwed, i'm going to be so incredibly angry. i mean, if the choice was between nothing and the GBT crappy deal.... i think the choice becomes pretty obvious. I mean I'll be glad if the stars deal works out, but if we end up with nothing...................

05-12-2012 , 04:33 PM

#3366

Bene Gesserit

Carpal \'Tunnel

Join Date: Jul 2011 Posts: 6,365

A joeyrulesall-Kirbynator **** fight. Please SGT RJ give them a few hours for oldtimes sake!

05-12-2012 , 04:38 PM

#3367

Zenzor

Pooh-Bah

Join Date: Dec 2007 Posts: 5,420

thank god i have this thread to slave away my life to again. i was about ready to hang myself F5ing google news.

05-12-2012 , 04:51 PM

#3368

KOJAK175

centurion

Join Date: Jan 2011 Posts: 141

Quote:

Originally Posted by IamPro

So when is the next real hearing?

This, anyone?

05-12-2012 , 05:03 PM

#3369

TiberiuC*

newbie

Join Date: Nov 2009 Posts: 38

Is this really happening? can somedy get me up to date? i couldn't read trough the hole thing...

05-12-2012 , 05:07 PM

#3370

G3K0

old hand

Join Date: Dec 2007 Posts: 1,234

I'm terribly sorry about this likely-to-have-been-answered...

what is the amount of the outstanding FTP player balances?
what was the amount of funds seized by the US DOJ?

has there been a comment on my current assumption:

players could be repaid FTP balances if the DOJ approves a 3rd party step in and assume those liabilities but the DOJ will not repay any balances out of seized funds and assets?

again, sorry for being so ill-informed on the issue.

05-12-2012 , 05:29 PM

#3371

andyg2001

veteran

Join Date: Mar 2009 Posts: 2,905

Quote:

Originally Posted by G3K0

I think the total player balances are about 330mil for both U.S and ROW combined.

05-12-2012 , 06:21 PM

#3372

joeyrulesall

Pooh-Bah

Join Date: Feb 2011 Posts: 3,532

Quote:

Originally Posted by andyg2001

I think the total player balances are about 330mil for both U.S and ROW combined.

Actually I believe it's about 350.

05-12-2012 , 06:24 PM

#3373

Stickit69r

journeyman

Join Date: May 2009 Posts: 236

can diamond flush please elaborate on what happened with the Tapie ultimatum? He wanted to hire all the top FTP staff and start a new company. Have not heard anything on that front.

05-12-2012 , 07:17 PM

#3374

WasWilly

enthusiast

Join Date: May 2012 Posts: 87

Quote:

Originally Posted by Stickit69r

can diamond flush please elaborate on what happened with the Tapie ultimatum? He wanted to hire all the top FTP staff and start a new company. Have not heard anything on that front.

Yes Please

05-12-2012 , 07:42 PM

#3375

tangram

enthusiast

Join Date: May 2012 Posts: 64

Quote:

Originally Posted by joeyrulesall

His name is Barry boss? Great name. Now back to reality, what would stars gain from buying FTP that they don't gain by just leaving FTP dead? Only thing I can think is to stop competition from buying FTP but isn't competition good for business?

It would be only funnier and more ironic if he were related to Hugo. You know, Israeli-owned poker megasite using relative of dude who designed Nazi unis to get them off of double secret probation and one day in the not too distant future, actually legal in the USA.

I'm just trying to figure out what DOJ is going to do with the $350-400M they are going to pocket off of this, if the true buyout figure is $750M.

Which reminds me, I wonder if the Stars/Wynn partnership is going to be announced as being back on sometime soon. Maybe this fall?

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