The room cost fades into oblivion when you consider the lawyers fees for dialogue with DoJ.

IMO the only reason legal argument FTP has with AGCC to keep suspended state of licence is that, technically, PK is not busto cause the funds are merely frozen!

The frozen funds remain the property of FTP so long as the DoJ take to get round to seizing the money. Why so slow?

DoJ seize money = FTP busto = adios licence
DoJ carry on being dog slow = FTP still got funds albeit frozen = AGCC can't legally terminate licence = limbo

Get a move on DoJ! 4 months and counting - thought DoJ were powerful. Maybe the foreign governments aren't handing over the foreign bank accounts (Luxembourg was the first!)??

So long as DoJ pick their noses, FTP still have lobster for lunch

How much does a lawyer at this caliber cost per hour ? I thought ftp was complete broke lol

On route now. Just heading on the tube so will lose 3G- update soon

one problem with this is it risks drawing attention to online poker "regulation" which would probably be a bad thing for UK players as it would likely involve government taking a slice of the action.

Having seen the accounts while you are right PK isnt busto it is totally irrelevant to the AGCC licence, the player balances seem to be one of the other companies somewhere which may well be technically busto with the missing processor money having a bearing.

Was there a list somewhere of what companies had what amounts siezed?

Wtf at Jesse May's twitter. Not sure if he's serious.

https://twitter.com/scurrilousmay/st...77906207326208

don't see why he would joke about it

is that real???

No list of balances unfortunately; just the accounts and country info was released.

Wonder how much the DoJ got away with in the Linwell Processor sting? More money gone from FTP's coughers, whichever shell they kept it in.

One time plz

Euro Joke. Greece is busto. Couldn't afford a FTP t shirt! Like a country os gonna buy a Poker website. Like Greece fancies a pending $1bn lawsuit on it's books.

It's a joke and not even a funny one.

Edit - See above.

****ing ******

How could ANYONE not see this was just a poor joke?

lol how clueless are you people Obv. it's a joke.

at this point some people are desperate and anything is a sweat.

its 8 05 am here in ny , what time is this shyt over so I can knock out. I'm sweating this pretty good.
1timeeeeeeee

Theres people on twitter asking for a source.

americans don´t know what Greece is

it's not funny.
actually even FTP could buy Greece.
:-)

Jeezes what an *******

Maybe a staterun poker room is not the worst idea for Greece's problem, would counteract the abbility of the Greek to avoid taxes...

i think bad news. why would they do that ..
http://uk.pokernews.com/news/2011/09...poker-7207.htm

I actually thought it was kind of amusing and was a pretty obvious joke.