THe FTP fire is dying down, a lil gas is all they need.

wow sick, very good work grim.

LMAO @ Georges Djen.

We have being informed by our fellow forum members in Poker-Red that the good news reported by our colleagues in Subject:Poker have not deterred GBT from running the survey.

Sadly, the call has an unpredectible change of script.

Now, there no more three options to recover your money.

As the operator remarks, GBT understand that they have no responsability in ROW players' funds, so they want to know if people is interested in deposit to unblock a cash bonus equivalent to the former positive balance.

We, and I say we because I am affected as well as I have stated in this thread, are in rage mode. I was expecting some move, knowing that this kind of risky operations ask for some angle shooting to diminish risks, but this is way too much.

I want to ask again to the community to keep us informed of further calls and the script behind them to track if some feedback is incorpored to it.

Ty in advance.

First, thanks for the update. It is much appreciated.

Second, if I am interpreting this correctly, giant RUH ROH just got unleashed. ROW will not be happy.

how could they do that? if thats their plan for row players then the lawsuits wont be droped.

More info on this please? That can't be right... what about guys who has big sums up, and no money to deposit?

This raises more questions:

According to who are they not responsible? The DoJ or FT's board?
Will it affect the vote and final sale?
How does it effect Americans?

In before determined to be a misunderstanding.

Although would be pretty sick... my initial reaction was that it would be suicide to do this since you'll piss off your entire client base. But then I realized players wouldn't have a choice... if you had an instantaneous $X bonus (assuming X is significant) you would be stupid to not play there until you at least clear the bonus. If the requirements on the bonus mean you rake more for the site than what the bonus was worth, they can't lose. Would be such a sick freeroll for GBT if true, especially if he can use the new ROW deposits to pay the DOJ/US players.

your would be right but people can still sue their ass if thats their plan so no, its not a freeroll.

Well obviously GBT would not go this route unless it was inherently known that the new FTP would have no legal obligation to ROW player balances.

people i want to remind you that IT IS/WAS A SURVEY

Good point, and it was also never confirmed to be directly tied to GBT and the new FTP. It was indirectly assumed by association that it was GBT although never confirmed.

If they don't have the money to deposit, I seriously doubt they have the money to sue.

As I read between the lines, they have been receiving a large cashout-edged answer to their survey and they are studying a new angle to prevent as many cashouts as they can.

As they have modified the script to push another buttons on the community, we can give nothing credit as written in stone in those new calls, but is interesting to made clear our voices.

I feel as abused because I have not a big brother backing me -DoJ-

The "we are a new enterprise, we don't owe you nothing" doesn't stand as other players have another set of rules to deal with.

I don't know if my english is fluid and rich enough to express my inner thoughts and, as well, I am afraid to overreact to a mere explorative approach from GBT, so maybe i'm trying to avoid to be harsh.

I truly expect that neither GBT neither any regulator will fully support this approach and is simply another possibility offered to those low-to-mid stakes grinders who have not so much funds frozen by now.

Now I'm going personal. I fulfilled my role as representative of my community as best as I could, and this post is too much filled with my own opinion. Please, notice this. TY

I think a better aproach would be that they offer bonuses to those that wont withdraw. That way noone is punished and players get rewarded for playing/depositing instead.

Iv only got like 80 dollars on it.But this is nonsence.So because we are alowd to play again we are not entitiled to our money.

It was their responsiblity to sort out the Us players but no the rest? Not pay off the people who are going to pay the rake for the next 10 years?

Not too much info by now.

Some interesting ideas in these few posts. Opted-in bunuses, grinders win-win bonuses (you don't cashout, we give you an "appreciate" bonus)

I don't know about ya'll, but there's no way in hell I would give FTP any business if they made me rake out my previous balance.

I mean, many sites have ongoing bonuses, so this wouldn't give me anything I can't already get at many other sites.

As I said in the other thread, I don't see how they can't get licensed in this situation. They are asking people to deposit and play for money that doesn't exist. Didn't the AGCC suspend/revoke FT's license because they didn't have funds to cover player balances?
There would be so much fuss kicked up no regulator could license them and remain credible, nor could FT ultimately survive. It would really be turning it into a ponzi scheme, or reverse ponzi scheme. Or something.

This is how I responded to some Hairy Chinese Kid about the same issue in the FT containment thread. It explains how GBT could legally relaunch a licensed FTP without crediting ROW players with their past balances.

Any lawsuits outstanding against FTP would continue to be in force agaisnt the old FTP companies, not GBT's new FTP.

For GBT to do this, they would need the approval of the DoJ to purchase specific assets rather than the entirety of the FTP companies. In such a case, it might be possible that the DoJ, feeling that it had less responsibility to the ROW than to US residents, might be satisfied if it got some sort of guarantee that US players would be paid out - perhaps the DoJ would oversee the payments to US players.

The biggest obstacle to GBT failing to pay out ROW players would seem to be the reported provision of the deal in principal with the DoJ - that GBT would "assume responsibility for payment of ROW players". When Bitar says "responsibility for payment of ROW players" could he mean something other than "GBT have to pay them in full"?

That would be the worst marketing decision ever if they do this.

Nobody would play on their site.Maybe people would try to get their roll back with the deposit bonus,but then they would be gone.

GBT have paid a lot of money already to get this far,they surely won't risk all of it by offering deposit bonuses to players to get their rolls back.

I really can't believe they are phoning people and asking this question,that already makes them look untrustworthy and shady before they even went back online!

Seems like a lot of fuss is being made over one second-hand report of a telephone survey conducted by a group whose affiliation with GBT hasn't even been established.

It would be patently absurd if players had to deposit whatever amount they wanted to withdraw. I'm pretty sure that's obvious to GBT. If not, well that's clearly a problem.

i mean come on, do ppl really think that if FTP is reopened that players would get their deposit as a bonus only???? what about ppl w/ like 1m on there? they can never be expected to clear that...seriously doubt that's what would happen if the tapie deal goes thru

What we 'know':
> Tapie is paying DOJ $? to remove the US balances from the equation
> DOJ will then somehow use that money + other money to pay US balances
> That will presumably make DOJ civil forfeiture go away
> Tapie is considering a variety of options to address ROW balances, including conversion to stock, large haircuts, and conversion to bonus

What we suspect:
> Tapie probably does NOT have the money himself to repay ROW balances
> Tapie may have backers with some / all of this money. Maybe.
> It's possible that Tapie is buying assets (off FTP or maybe off DOJ) to reopen a new site.

Therefore the following seems likely to me:
1. Tapie makes US / DOJ go away with a little money. US player repaid.
2. Tapie buys some FTP assets from FTP and / or DOJ.
3. Tapie opens new pokersite.
4. Tapie tells ROW players "sorry, you were robbed, however heres a bonus to make up for it"
5. ROW grinders go nuts. ROW casual players (with zero balance) don't care, start playing again. Grinders follow (as usual).