Ok believe in what u want , u have here 40000 posts and i guess there will be 40000 again to chose from in 2 months
I told me opinion based in what my friend told me , hes he right ? no idea
But from my knowledge in business i would say soon there will be no news
but i would love to be wrong

I believe those are all the Tapie based temp employees.

A few things on the employment front.

1) Stars does not need to hire essentially from scratch like gbt was having to do.

2) if FTP is bought there is still no guarantee it would be run seperately.

Employment news is very different for this one then the other one. Stars could boost their own employment in perpetration for this. Hiring through pocket kings is not likely how stars would deal with it at this time.

I think the difference in our opinions comes from the fact that you equate tribal gaming regulation with the regulation of internet gaming offered from a sovereign nation. I don't think the analogy is applicable. Congress has given the tribal nations special status that operators like FTP don't have.

Additionally, while the Corbazon case discussed the prohibitory versus regulatory distinction, the Court did not find that issue dispositive or controlling. The Court's decision turned on other issues (the comparative importance of state, federal and tribal interests) that are not applicable to this situation.

What Justice White actually said was: "We conclude that the State's interest in preventing the infiltration of the tribal bingo enterprises by organized crime does not justify state regulation of the tribal bingo enterprises in light of the compelling federal and tribal interests supporting them. State regulation would impermissibly infringe on tribal government, and this conclusion applies equally to the county's attempted regulation of the Cabazon card club."

The court balanced the crime prevention interests of California and the economic development interests of the federal government and the tribe and found the latter to be more compelling.

While there was some discussion of "regulatory" versus "prohibitory" there was equal discussion of the importance of the activity occurring solely on tribal land and discussion of why state's were allowed to tax tobacco sales to customers who did little more than drive on and drive off the reservation; the case was not decided on these issues and discussion of them is merely dicta.

From yr words it seems FTP disappears and Stars assimilates all (debt,softw,personal etc) well maybe its possible for ex to have 2,3 softwares available prob tecnically etc (and players would chose that in the options)
I dont understand how can a major company having like 80% of share market
is going to buy the other major company (wich before BF was prob stars 60 , FTP 30 rest10) seems really strange they just dont need them they are bankrupt , now if stars thinks ok FTP has 40k players with $ there we buy all , pay all , delete FTP then these 40k players will play in stars and we enter the USA market somet like this seems better really
Having 2 companies means more costs in market,people, installations etcetc
It seems more logic to just keep 1 brand cut costs

I'm surprised that no enterprising poker journalist has not been down to the courthouse to see what Kentucky actually demanded at this conference.

Don't need anyone to come in with a huge reveal... I am a partner in VPR. I'm not here to promote anything or give anyone info that will lead to them getting paid, all I am saying is I happened to be present for one conversation, and the reporting of that conversation was true.

When you say in the know you mean CEO/coo/CFO chief legal counsel level right? Because it has always been questionable in terms of what some people think an in the know employed at stars is. Also since China previously claimed a stars source that did not work for stars and a matusow source that was not a matusow sticking up for him is nice.

I just want you to really know that someone in the know sitting around chatting with you guys about this. Was it a senior level stars exec? If not they are not in the know and just another misguided soul trying to trade on a little speculation for authoritative adulation.

It is unfortunate that you and your eyewitness testimony to this top senior level stars executive did not surface until after china left the thread.

I have vowed not to talk about him but unfortunately it seems china by proxy is the new thing.

where are all the doj and ftp announcements of previous deals that went bust?

If they didn't announce those when they fell through, why would they announce this one if it goes bust?

I'm not suggesting that there is some prevailing judicial precedent guaranteeing that PS would beat the illegal gambling business charges, if there was, the judge would have already dismissed the case.

There are obvious differences from any previous cases, and political concerns play a role (though they shouldn't), not to mention the fact that winning the case wouldn't make all their problems go away, there are still other states where they did business which had internet specific gambling prohibitions that could indict them on their way out of the courthouse.

I'm simply saying it's no where close to a slam dunk, and SDNY would have serious egg on their face if they lost, so both sides may be motivated to reach an agreement but the idea that PS would accept a deal at any cost for fears of having their business seized are unfounded - the deal has to make some fiscal sense.

There was an announcement by GBT, so I'm sure you can at the very least expect one from PS.

i doubt stars will announce something fell through when they don't even announce it exists.

R.I.P online Poker

if they don't get the players paid this **** ****ing scumbag scammer industry will have lost me as a regular rake paying customer forever and hopefully many more players will stop supporting this scumbag industry by stopping to play!

GBT let it be known they were in talks to acquire FTP and Stars has been silent(probably a good thing). Remember all the leaks and quotes from GBT lawyers and all their Bull ****. It's why I never thought much of GBT or thought they were ever going to close the deal. Prior to GBT others were in negotiations to buy FTP and we never really heard who they were there was no announcement made by them wen the deal as off. So it's possible that Stars never makes an announcement if the deals dies.

I don't know how enterprising I am, and some don't even recognize me as a journalist, but does it count if I already posted all about this a couple weeks ago? This followed some nonsense reports that the attorney for the Commonwealth of Ky stood up in court and stopped the deal while demanding $ 275M, which was hogwash.

http://forumserver.twoplustwo.com/sh...postcount=3326

[QUOTE=MrJuliusDhelas;32992217](wich before BF was prob stars 60 , FTP 30 rest10)

where did you pull these #s ?

Soothsayer imo.

But, DF, does anything jump out at you from those docs? Or at they all old news/ standard stuff?

The only ones "In the know" here I believe would be those who are actually in the room actively taking part in the discussions. I also do not think that they are going to come out and breathe a word of what's going on to anyone.
There is also a lot of groundwork to cover in this situation. It's not like buying a new car or house. For someone to come out and say a month or so I don't see it happening that quick.
Just my opinion for what it's worth.

translate.google

If you mean the actual docs re the May 8 hearing, I also posted about that here:
http://forumserver.twoplustwo.com/sh...postcount=3335

Is there any significance to the May 9 and May 24 entries?
http://dockets.justia.com/docket/new...v02564/377900/

So how bad do you guys think this news is regarding the workforce getting fired? Is it in any way significant?

He was hired by Tapie, wasn`t he? So no connection I think.

I`m really tired of this saga, would just like to know if we `ll get our money or no, that`s all.

totally agree. I believe most of us with money in their are fed up by now, i think

that seeing Lederer, Ferguson, Bitar and the rest in jail would make me happier

even if i dont get my money, the emotional damage and stress that they have

done to us cannot be counted into dollars.

As the poster above mentioned he was most likely part of those "new" employees attached to a potential Tapie deal (all of them on short contracts). Stars only needs the main guys that know the software and other important aspects of the site for a quick and successful re-launch.

No, he was hired by Pocket Kings in anticipation of the GBT (or any) deal.

I'd love to see it like this but it's very hard to after reading the post by the Portuguese gentleman. If these people were being fired because the GBT deal fell through they would've been let go weeks ago. They were hired because of the GBT deal looking like it was going through and then kept on the last several weeks as the PokerStars deal looked solid. Having these people be let go has to be seen as a pretty bad sign, IMO.

Yes, there is a chance that the deal is closing and PokerStars said "hey PocketKings, we're going to expand our own workforce to handle FTP so we don't need any of those people". I might be inclined to believe that, except that he specifically refers to negotiations reaching an impasse, etc. It's possible that he's just rehashing office rumor and doesn't really know the full story, I guess. We'll see.

Well stated sir

Although an impasse is very possible its not an auto-kill of the deal. It can be an issue at the moment but can also be taken care of over time. I have a feeling Stars would have loooooved to finish up a deal before the WSOP and step in the Amazon looking like saviors. Next interesting date for them might be the Main in early July.