Big News: PokerStars Purchases FTP(?) Cliffs in OP Last update 4/24 1:02PM PT - Page 25 - Poker News

Someone explain to me WHY PokerStars would do this?

The only reason I can think of is they know something we don't with regards to the US Market. Otherwise it makes 0 sense. They already own the market.

Either way, I think Ipoker and Party Poker are sh*tting themselves right now

04-24-2012 , 11:51 AM

#602

gimmepilotwings

centurion

Join Date: Feb 2012 Posts: 105

Quote:

Originally Posted by zerosum79

Guessing PS swooped in with a much better offer and GBT got hosed. Maybe DOJ felt they could do much better for the US players getting paid in full?

zero

Absolutely. As it looks, they don't have to use the seized funds to pay back US players.

04-24-2012 , 11:51 AM

#603

Phatty

old hand

Join Date: Aug 2009 Posts: 1,913

If this is true, why did they wait so long? There was speculation a long time ago that Stars should do this and they didn't.

04-24-2012 , 11:51 AM

#604

andyg2001

veteran

Join Date: Mar 2009 Posts: 2,905

Quote:

Originally Posted by imfromsweden

Why would DN go out and proclaim that there was zero chance for us to get any money back and we should all just forget about FTP a few weeks ago, if Stars was working with a deal with DOJ? Surely he is high enough up to know about such a deal. I hope for the best, but doubt this is true

1. We don't know when Pokerstars decided they may want to buy FT.
2. He does not manage Pokerstars, his just the face of Pokerstars.

04-24-2012 , 11:51 AM

#605

LOLRussians

old hand

Join Date: Oct 2011 Posts: 1,381

Quote:

Originally Posted by adama

So did Tapie take too long to close out the deal and stars swooped in with a better offer?

I think the DOJ might of had second thoughts of selling the assets of a bunch of thieves and crooks to another crook and thief.... Just Sayn'

04-24-2012 , 11:51 AM

#606

zerosum79

old hand

Join Date: Jun 2010 Posts: 1,978

Quote:

Originally Posted by skik210

PLEASE stop posting these articles that are just using this thread as their source!

"Sources have corroborated the story with Pokerfuse that a deal has indeed been reached but could not confirm any specific details."

Independently corroborated.

zero

04-24-2012 , 11:51 AM

#607

blueodum

old hand

Join Date: Oct 2005 Posts: 1,295

If PokerFuse feels confident enough to run the story it's got a chance of being true - let's say 70% at this point.

Would love to hear a statement from Stars.

04-24-2012 , 11:51 AM

#608

Wille

centurion

Join Date: Jun 2010 Posts: 154

Quote:

Originally Posted by Tendencies

There's no case for a monopoly because the other networks/sites have sufficient numbers and customers usually have active accounts on multiple sites

dude pokerstars prob has over 50% an full tilt used to have 30something
thats a monopoly allright

04-24-2012 , 11:51 AM

#609

BreakYaNeck

Carpal \'Tunnel

Join Date: Oct 2008 Posts: 8,187

Dear Stars, Please buy UB too! Thanks

04-24-2012 , 11:52 AM

#610

22hard4

enthusiast

Join Date: Jul 2011 Posts: 97

Quote:

Originally Posted by BeerBottlez

They should interrupt every station on national television when ready for this announcement it is more important then anything Obama has said in his time in office with the exception of the capture of Bin Laden.

Did we capture him? Pretty sure we killed him then let him sink to the bottom of the ocean.. but I guess thats the same as capturing?

04-24-2012 , 11:52 AM

#611

MICK E JUICE

adept

Join Date: Jul 2011 Posts: 820

Guess this is what Dan Cates was tweeting bout yesty

04-24-2012 , 11:52 AM

#612

jspill

Carpal \'Tunnel

Join Date: Feb 2009 Posts: 8,644

lol can't load that pokerfuse article, traffic overload

04-24-2012 , 11:53 AM

#613

foldacedeuce

journeyman

Join Date: Feb 2012 Posts: 253

I have called some people at BwinParty, they say their side is bull about them buying anything, HOWEVER it is true about GBT failing with the FTP deal and will be confirmed later today.

BUT the PS & FTP deal is real I am told and news on this is coming

04-24-2012 , 11:53 AM

#614

gimmepilotwings

centurion

Join Date: Feb 2012 Posts: 105

Quote:

Originally Posted by m00sy

Can't really understand the business sense in this unless Stars suspects there are players out there who will play only on Tilt and not Stars, for the good of online poker and more importantly for the good of the players with balances stuck on there I really hope this is true but it just seems unbelievable right now.

I would have never played on FTP again after this fiasco. If this is true, I would probably go back to FTP, depending on the tourney structures. I'm more a MTT grinder...

I respect how PS handled themselves post BF and the efficiency that they payed back their US players.

04-24-2012 , 11:53 AM

#615

Frubi_ZMIJA

journeyman

Join Date: Sep 2010 Posts: 297

http://pokerfuse.com/news/poker-room..****es-with-doj/

04-24-2012 , 11:53 AM

#616

$Betpot$

veteran

Join Date: Nov 2008 Posts: 3,244

Reduce the Rake

04-24-2012 , 11:53 AM

#617

mmwhops

centurion

Join Date: Feb 2011 Posts: 130

Quote:

Originally Posted by ULcajun

More news TODAY? thats impossibru!

Still feeling like this is one big hustle of some sort.

04-24-2012 , 11:53 AM

#618

Sinister_Kane

enthusiast

Join Date: Nov 2006 Posts: 89

Wait wait wait wait wait wait....

Whitney Houston died?

04-24-2012 , 11:53 AM

#619

TicKinTiMeBomB

banned

Join Date: Oct 2011 Posts: 719

Wtf they said it was a done deal?"next week", move to Ireland start a company applied for license, Test the site.
Wtf this is terrible news that GBT backed out unless Its 100% stars rumor is true

04-24-2012 , 11:54 AM

#620

DePokerGod

old hand

Join Date: Jun 2011 Posts: 1,311

No no no no no no. I wont accept it. I wont. NO.

04-24-2012 , 11:54 AM

#621

zachvac

Carpal \'Tunnel

Join Date: Apr 2008 Posts: 13,775

Quote:

Originally Posted by Sinister_Kane

I don't get posts like these. If FTP is profitable for GBT to buy, it's profitable for Stars to buy. If it's a +ev investment why wouldn't any company with the money buy it regardless of whether they are in the same market?

04-24-2012 , 11:54 AM

#622

clonbuc

newbie

Join Date: Mar 2011 Posts: 36

Perfect timing for a huge annoucement during EPT Grand Final in Monte Carlo...

04-24-2012 , 11:54 AM

#623

bballwiz

old hand

Join Date: Oct 2005 Posts: 1,296

04-24-2012 , 11:54 AM

#624

bizzle03

adept

Join Date: Aug 2006 Posts: 1,000

Quote:

Originally Posted by imfromsweden

He came back a week later saying he was hearing positive things and that U.S. players might be repaid before the start of the WSOP. This is likely what he was thinking of and the only way he would know such a thing. Also, really the only way we could be paid back before the WSOP!

04-24-2012 , 11:54 AM

#625

Tendencies

enthusiast

Join Date: Jun 2006 Posts: 75

Quote:

Originally Posted by Wille

dude pokerstars prob has over 50% an full tilt used to have 30something
thats a monopoly allright

My comment was in reply to posts about laws against monopolies in the EU. Do you understansd what a monopoly is and what constitutes a monopoly within the EU? If you don't then no point in you posting again but I can confirm that Stars owning Tilt will not constitute a monopoly under EU law.

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