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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)
View Poll Results: Do you want the AGCC to regulate the new FTP?
Yes
1,156 56.58%
No
887 43.42%

09-09-2011 , 11:09 PM
Quote:
Originally Posted by WhoWhoOwl
What happens on the 19th? If FTP doesn't get it's license back then or doesn't have an investor, are they going be forced in bankruptcy immediately?
I got my fingers crossed that Full Tilt gets their license back. The 19th is def going to be a very big day.
09-09-2011 , 11:11 PM
I ll give a 500$ to charity if they reopens at 19th sept

Quote:
Originally Posted by kevmode
I got my fingers crossed that Full Tilt gets their license back. The 19th is def going to be a very big day.
09-09-2011 , 11:14 PM
I really hope ftp reopens on KGC and says 'USA players u wait till we are up and running and get some funds together'. And serve the rest of the free world for time being.... prob would take alot less liquitdy and would get the ball moving at least
09-09-2011 , 11:16 PM
Quote:
Originally Posted by kevmode
I got my fingers crossed that Full Tilt gets their license back. The 19th is def going to be a very big day.
I agree it should be a big day
I can only assume you want them to get their license back on the condition they have enough to pay players back. amirite?
09-09-2011 , 11:16 PM
Yea I would like to watch those high stakes cash games on there again also. Those cash games were epic.
09-09-2011 , 11:17 PM
Quote:
Originally Posted by kevmode
I got my fingers crossed that Full Tilt gets their license back. The 19th is def going to be a very big day.
Well that gives them 10 days to get 300 mil into their bank accounts. Doesn't look too likely. I hope all those involved get jailed for a long long time.
09-09-2011 , 11:21 PM
Quote:
Originally Posted by WhoWhoOwl
Well that gives them 10 days to get 300 mil into their bank accounts. Doesn't look too likely. I hope all those involved get jailed for a long long time.
If they have an investor who is willing to buy the company then Full Tilt will be fine. We should wait and see what happens on the 19th instead of being negative and showing hatred towards FTP. It has only been a few months and FTP just needs more time to sort everything out.
09-09-2011 , 11:22 PM
I was able to get through to Full Tilt lines from multiple redirection of calls. Took me approximately 8 hours. I was able to find out that Full Tilt is currently keeping on their full staff and are still "actively seeking investors", with their entire staff. I kind of find it ironic that they need so many people doing this task.
09-09-2011 , 11:25 PM
Quote:
Originally Posted by kevmode
Yea I would like to watch those high stakes cash games on there again also. Those cash games were epic.
LOL. Those FTP pros borrowed our money without our consent to play those games. If FTP returns, everybody will have to play with his own money, so doubt we will see much high stakes action.
09-09-2011 , 11:27 PM
Quote:
Originally Posted by kevmode
It has only been a few months and FTP just needs more time to sort everything out.
If I didn't know better, I would think...
09-09-2011 , 11:28 PM
Antonius and Hansen def have money to play the high stakes action. There would def be high stakes games running if FTP got their license back.
09-09-2011 , 11:31 PM
Quote:
Originally Posted by daveh07
I was able to get through to Full Tilt lines from multiple redirection of calls. Took me approximately 8 hours
+1 for effort! Pity we already knew what they told you. Actually, that sorta says they are not in talks with any current investors huh?
09-10-2011 , 12:17 AM
Quote:
Originally Posted by daveh07
I was able to find out that Full Tilt is currently keeping on their full staff and are still "actively seeking investors", with their entire staff.
Yeah, apart from all the best qualified staff members who have left and moved to paddypower.
09-10-2011 , 12:34 AM
FTP will never pay up so get over it and move on with your life!!!
09-10-2011 , 12:43 AM
Quote:
Originally Posted by V-Delaney
If I didn't know better, I would think...
Nope! He's just a kid who really wants/needs for this FTP situation to work out positive. Just another kind of victim of this mess who is likely going to get hurt in the end!
09-10-2011 , 12:46 AM
Quote:
Originally Posted by Jankone54
10 days.... we will know more than reading 212 pages here.
Quote:
Originally Posted by kevmode
I got my fingers crossed that Full Tilt gets their license back. The 19th is def going to be a very big day.
Your support and optimism for Full Tilt are unprecedented. In fact I'd bet 99% of the people that work for FT aren't as optimistic about their prospects going forward as you seem to be.

I have a couple of questions for you Kevmode. Will you still be as optimistic once once FT files bankruptcy? Bankruptcy aside what will it take for your optimism towards Full Tilt to change to pessimism or doubt?

Somewhere down the road Bitar is going to be in jail. Lederer, Ivey and Ferguson are going to be filing for bankruptcy protection and you're going to be in here convinced it's in some way a good sign.

There's nothing wrong with being hopeful but don't forget to blend in a little bit of reality.
09-10-2011 , 02:50 AM
So where's the other statements?
09-10-2011 , 02:58 AM
Quote:
Originally Posted by Todd Terry
Stop ****ing calling FTP's lawyers, they're getting paid with our money to answer. Calling isn't going to prompt them to reveal anything that they wouldn't reveal otherwise.
lol, this is a joke i hope?
09-10-2011 , 03:32 AM
I'm sorry, but this forum has a boatload of naive folks that need to better understand the dynamics of the situation.

FT is done. The AGCC put off the hearing until the 19th as a stalling tactic, to see if there was ANY CHANCE AT ALL of a sale. It was wishful thinking at best, as there was no-one dumb enough to pay for a losing hand.

It's most likely, that the hearing on 19th will bring another delay in answering the questions that everyone wants answered. The AGCC is desperate for anything positive to come of Full Tilt. That's because it knows that if the Full Tilt brand is beyond salvage, then the AGCC will have to answer for it's failures. Listed below is the Alderney Gaming Control Commission's commitment to PLAYERS, in it's own words and as listed on it's website.

The Commission regulates the eGambling industry, to ensure that it is conducted honestly and fairly, remains free from criminal influence and that it does not cause harm to the public at large, individual persons and families.

The Commission’s functions in respect of the interests of the player include:

-Assessing the background of the various entities involved in offering the gambling game, including the sources of their funding and the ultimate beneficiaries of the licensed entity;
-Assessing the internal controls and operating procedures applied by the licensed operator to ensure that sufficient controls are in place to mitigate any risks associated with gambling;
-Assessing the fairness, security and auditability of the gambling systems used in making gambling available;
-Reviewing the marketing and advertising policies of licensees;
-Investigating complaints by aggrieved players; and
-The granting of approval and continuous reviewing of policies in respect of player protection and under-age gambling, including:
o Customer registration;
o Customer verification;
o Customer funds [e.g. deposits; recourse to funds; additions to funds];
o Limiting customer activity;
o Counselling for customers; and
o Customer complaints.

The above listed, are a series of claims made by the Alderney Gaming Control Commission in it's mission statement. The question the AGCC will be posed with is:

If the AGCC had done 'due diligence' regarding PLAYER PROTECTIONS as listed on it's own mission statement, could Full Tilt players have have experienced fewer losses? Is it possible that Full Tilt players could have been spared MOST of the loss that they are currently experiencing, if the AGCC had done it's 'due diligence' early on?

The AGCC will face these two questions at some point, and it's response will surely be met with high criticism, probable legal action, and/or government intervention. For the betterment of the Poker industry, the sooner the better.
09-10-2011 , 03:38 AM
^^^ good post.
09-10-2011 , 03:55 AM
Sue the AGCC?
09-10-2011 , 04:03 AM
Quote:
Originally Posted by Mycology
Sue the AGCC?
why not? nobody is unapproachable, despite whatever authority they present themselves of having, but have proven superficial. Their walls can crumble just like everyone else's.
09-10-2011 , 04:13 AM
It hasn't been discussed much, but can someone with contacts find out if it is true all staff are being let go at end of September and if so which staff?
09-10-2011 , 05:59 AM
I don't see why AGCC can't just give ftp their license back with limited withdrawals to something like $500 per week or 5% of a bankroll per month until things pick back up. At this point I would be ecstatic if I was allowed to do 5% a month.
09-10-2011 , 06:02 AM
Quote:
Originally Posted by quit stallin
I don't see why AGCC can't just give ftp their license back with limited withdrawals to something like $500 per week or 5% of a bankroll per month until things pick back up. At this point I would be ecstatic if I was allowed to do 5% a month.
Although you might get flamed for this, it isn't the worst idea ever. It depends just how bad things really are behind the scenes. But if they are REALLY bad, I don't really see how just going under and closing the doors would benefit the players more than turning into a shady site that operates rogue and pays players very slowly. This is not me saying the latter is a good situation, but just better than players getting 0 with a nail in the coffin.

      
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