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FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP) FTP Discussion Thread (Everything but big new news goes here. Cliffs in OP)
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06-26-2012 , 01:26 PM
Ok, a google search revealed this news item in french which apparently reproduces an item in Igaming Post. I looked at the Igaming Post site, but I found nothing.


Cliffs for those who don't speak french.

- The info derives from a couple of highly placed lawyers the author of the original article met in NY.

- The deal is set to be announced in July.

- All charges against PS and its founder will be dropped.

- Americans will be repaid directly by PS instead of the DOJ. The DOJ is going to hand them the money they seized in order to do so.

- PS will have 90 days after the announcement of the deal to do so.

- FTP will not be allowed to enter the US, but PS will be a fact which allows it to resume its partnership with Wynn.

TAKE ALL OF THE ABOVE WITH A HUGE GRAIN OF SALT.

I do have to note that I can't understand how the DOJ has the power to allow one site or the other to enter the US market after its rumored legalization. This should be up to the forthcoming law and the gaming committee which is going to interpret it to decide.

I would guess that the only way the DOJ has influence over that is by not pursuing any legal action against this or that site at the time of legalization.

Last edited by SGT RJ; 06-26-2012 at 03:45 PM.
06-26-2012 , 01:31 PM
^ cliffs of cliffs

Spoiler:
Next month ...
06-26-2012 , 01:34 PM
Next month is practically next week tho! We re back to where we started! lol
06-26-2012 , 01:38 PM
Quote:
Originally Posted by leviathan74
Next month is practically next week tho! We re back to where we started! lol
I kinda missed the next weeks.
06-26-2012 , 01:45 PM
Plz let PS handle the payouts, plz.
06-26-2012 , 01:50 PM
Quote:
Originally Posted by Go Get It
Plz let PS buy FTP, plz.
FYP - let's start with that first!
06-26-2012 , 01:50 PM
My Birthday is on Friday (no joke) and FTP is then down for maintenance for one full year. Could the mods please allow all the links with really-really-soon-rumors for this day?

Im in the mood for hope!
06-26-2012 , 01:51 PM
Quote:
Originally Posted by leviathan74
Ok, a google search revealed this news item in french which apparently reproduces an item in Igaming Post. I looked at the Igaming Post site, but I found nothing.
http://www.casinoweb.org/20120626-40...n-juillet.html

Cliffs for those who don't speak french.

- The info derives from a couple of highly placed lawyers the author of the original article met in NY.

- The deal is set to be announced in July.

- All charges against PS and its founder will be dropped.

- Americans will be repaid directly by PS instead of the DOJ. The DOJ is going to hand them the money they seized in order to do so.

- PS will have 90 days after the announcement of the deal to do so.

- FTP will not be allowed to enter the US, but PS will be a fact which allows it to resume its partnership with Wynn.

TAKE ALL OF THE ABOVE WITH A HUGE GRAIN OF SALT.

I do have to note that I can't understand how the DOJ has the power to allow one site or the other to enter the US market after its rumored legalization. This should be up to the forthcoming law and the gaming committee which is going to interpret it to decide.

I would guess that the only way the DOJ has influence over that is by not pursuing any legal action against this or that site at the time of legalization.
The original article on igaming stated that the DoJ would NOT give up seized funds and mentioned the end of the WSOP as a possible date for an announcement fwiw.
06-26-2012 , 01:57 PM
It better be an early July announcement, because this is getting ridiculous
06-26-2012 , 02:01 PM
Quote:
Originally Posted by oneonth3run
The original article on igaming stated that the DoJ would NOT give up seized funds and mentioned the end of the WSOP as a possible date for an announcement fwiw.
Anything that uses the WSOP as a reference date for an announcement just loses all credibility to my mind. Just more Chinamanisources probably


Quote:
Originally Posted by Brilliant27
It better be an early July announcement, because this is getting ridiculous
My birthday is on 11th July!

That said July 1st would do just fine thanks guys.
06-26-2012 , 02:02 PM
Quote:
Originally Posted by Brilliant27
It better be an early July announcement, because this is getting ridiculous
I'm sure you'll wait until next July if that's what it takes to get your money back .

EDIT: FUN OPTIMISTIC RANDOM QUESTION TIME

Lets say everything goes through, and PS refunds money to everyone who asks for it.
-How much % of customers would ask their money back
-How much % of money would be returned

My guesses: 51%
97.35%
06-26-2012 , 02:12 PM
i'd really like a comment from D_F for this, i'm pretty sure if this is true her sources would of inform her
06-26-2012 , 02:22 PM
Quote:
Originally Posted by leviathan74
Ok, a google search revealed this news item in french which apparently reproduces an item in Igaming Post. I looked at the Igaming Post site, but I found nothing.
http://www.casinoweb.org/20120626-40...n-juillet.html

Cliffs for those who don't speak french.

- The info derives from a couple of highly placed lawyers the author of the original article met in NY.

- The deal is set to be announced in July.

- All charges against PS and its founder will be dropped.

- Americans will be repaid directly by PS instead of the DOJ. The DOJ is going to hand them the money they seized in order to do so.

- PS will have 90 days after the announcement of the deal to do so.

- FTP will not be allowed to enter the US, but PS will be a fact which allows it to resume its partnership with Wynn.

TAKE ALL OF THE ABOVE WITH A HUGE GRAIN OF SALT.

I do have to note that I can't understand how the DOJ has the power to allow one site or the other to enter the US market after its rumored legalization. This should be up to the forthcoming law and the gaming committee which is going to interpret it to decide.

I would guess that the only way the DOJ has influence over that is by not pursuing any legal action against this or that site at the time of legalization.
IMO, if any of this is true, it's purely by coincidence.
06-26-2012 , 02:25 PM
Quote:
Originally Posted by SpecialOne
i'd really like a comment from D_F for this, i'm pretty sure if this is true her sources would of inform her
The article is ridiculous and doesn't deserve a comment. The DOJ handing over seized funds to Pokerstars. Ridiculous. The DOJ allowing Pokerstars, but not Full Tilt, in to the U.S. online poker market after legalization. Ridiculous. The DOJ will have no say there, and in the fairy-tale world where they did have say, the idea that Full Tilt could not be licensed but Pokerstars could just compounds the comedy.
06-26-2012 , 02:35 PM
Quote:
Originally Posted by pianospike
The article is ridiculous and doesn't deserve a comment. The DOJ handing over seized funds to Pokerstars. Ridiculous. The DOJ allowing Pokerstars, but not Full Tilt, in to the U.S. online poker market after legalization. Ridiculous. The DOJ will have no say there, and in the fairy-tale world where they did have say, the idea that Full Tilt could not be licensed but Pokerstars could just compounds the comedy.
That guy was wrong. The original article said the that DOJ would not hand over funds. Instead, they would discount it from the purchase price. The DOJ could demand as part of a settlement. an agreement from Pokerstars not to re-enter the U.S. market at any time. The DOJ will not need to affirmatively give them permission, but they could certainly make it a term of a settlement that they do not. By agreeing not to require such a term, they are "allowing" pokerstars to re-enter the U.S. market. Get it?

It should also be noted that the article said nothing new. It basically re-quoted the Wendeen Eolis' Poker Player Newsletter article, about her NY attorney contacts telling her Scheinberg is basically off the hook, and an earlier article igaming posted likely off of Chinamaniac or some other gossiper saying it would be announced on a special WSOP day.

People are going to keep guessing that it will be announced on the first day of the WSOP or after the WSOP concludes because those seem like good guesses based off the information everyone has. I would be willing to bet even Pokerstars and the DOJ don't currently know when, or 100% for sure if, they will announce a deal.

We can get our hopes up for a specific date again, and then get devastated and angry when it doesn't happen on that date, or we can just remain cautiously optimistic that it will happen at sometime in the near future. Personal choice for all to make.
06-26-2012 , 02:38 PM
And this is what happens when the thread is not policed by the mods, every troll, degenerate sociopath, and crackpot posts BS and the usual supects eat it up and then are irate when it blows up. It's a zoo. Guess I belong too for posting about it **** me runnin'
06-26-2012 , 02:52 PM
Quote:
Originally Posted by oneonth3run
The original article on igaming stated that the DoJ would NOT give up seized funds and mentioned the end of the WSOP as a possible date for an announcement fwiw.
What happened to this article, no longer up?
06-26-2012 , 03:06 PM
Quote:
Originally Posted by Bene Gesserit
And this is what happens when the thread is not policed by the mods, every troll, degenerate sociopath, and crackpot posts BS and the usual supects eat it up and then are irate when it blows up. It's a zoo. Guess I belong too for posting about it **** me runnin'
Self awareness goes along long way in this thread. Your final sentence guarantees your redemption.

Last edited by Joe Totale; 06-26-2012 at 03:09 PM. Reason: spellong
06-26-2012 , 03:14 PM
Quote:
Originally Posted by Go Get It
What happened to this article, no longer up?
still up.
06-26-2012 , 03:20 PM
Quote:
Originally Posted by Bene Gesserit
And this is what happens when the thread is not policed by the mods, every troll, degenerate sociopath, and crackpot posts BS and the usual supects eat it up and then are irate when it blows up. It's a zoo. Guess I belong too for posting about it **** me runnin'

hahah i thought i was one of the only people to use the "**** me runnin'" phrase... wp sir.

oh and article is clearly BS. although, i would like to hear diamond's take on it.
06-26-2012 , 03:22 PM
They are just guessing and crossing their fingers they are right
06-26-2012 , 03:28 PM
The article's BS on it's face. No lawyer is gonna risk disbarment for violating attorney-client privilege, just for the sake of leaking to some igamingpost "writer".

Quote:
- The info derives from a couple of highly placed lawyers the author of the original article met in NY.
That was all I needed to read.
06-26-2012 , 03:29 PM
Quote:
Originally Posted by SuperJez
They are just guessing and crossing their fingers they are right
Direct Quote from igamingpost:

"While in New York myself this week I heard first hand from two lawyers that told me directly what they have been told.

It is understood that the conclusion of the deal includes that there will be NO criminal case against PokerStars, its founder Isai Scheinberg or any other executives from the company."

What igamingpost really is saying:

"While in New York myself this week I [read this statement on Poker Player Newsletter: 'Recent word in legal circles around the US Attorney’s Office in Manhattan is that Scheinberg’s criminal case is not going to trial, suggesting that a global resolution has in fact been reached.' From this statement I learned] first hand from two lawyers that told [someone] [in]directly what they have [heard from others]."
06-26-2012 , 03:36 PM
Sigh, I really try to answer all the emails and PM's an legit questions in this thread. The article ppl keep asking me about is almost a week old, and I actually made a post about it when it was first brought up. http://forumserver.twoplustwo.com/sh...ostcount=30326

It's probably inappropriate for me to keep commenting on other media's articles, and I only do so when asked. However, when any article labels things as rumors, then technically they aren't being untruthful. Someone could print an article saying they heard a rumor that the moon is made of green cheese. Maybe they really heard that rumor, so that part is possibly true. This is not the same as reading that the moon is made of green cheese and believing it.
06-26-2012 , 04:08 PM
Quote:
Originally Posted by Bene Gesserit
And this is what happens when the thread is not policed by the mods, every troll, degenerate sociopath, and crackpot posts BS and the usual suspects eat it up and then are irate when it blows up.
This should be the name of the thread.

      
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