Quote:
Originally Posted by OJsBludyNife
He bought ftp to prevent someone else from buying it. If ft reopens as a competitor instead of a partner then pstars loses money. Its all about money. Its not a goodwill gesture to the poker community, its about the long-term fiscal health of his company. Fortunately for everyone what helps him turns out to help us.
I think your short sighted here: While there is no doubt it is about money lets not kid ourselves that if he had not made the FT deal a long line of investors were not behind him to make a FT deal. In fact, few if any other entities would step off in a shut down business with huge liabilities from former owners under US Federal indictments all while not even sure when or if they will get a license to operate in the US in the future.
While you think a $5 football bet is a risk, this dude has onions the size you and I will never have.