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Los Angeles Times: Full Tilt Poker to be sold to European investors Los Angeles Times: Full Tilt Poker to be sold to European investors
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06-30-2011 , 09:54 PM
#51
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Grats.
06-30-2011 , 09:54 PM
#52
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Roman Abramovich?
06-30-2011 , 09:54 PM
#53
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Spoiler:


There is a God!!!






06-30-2011 , 09:55 PM
#54
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Say this happens and the euro investor pays back players. Do we still get all of the OMG and Durrrr FT money?
06-30-2011 , 09:55 PM
#55
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Great news
06-30-2011 , 09:55 PM
#56
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Quote:
Originally Posted by AKingdom
The article claims that not only will the purchase take care the 150 million owed to players but also the massive 3 billion $ fine levied by the DOJ. How is this possible? Is it possible that FTP is still worth anywhere near 3.15 billion at this point?
this is not whats happening.
06-30-2011 , 09:55 PM
#57
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Now how long is this gonna take?
Cuz i want my money
06-30-2011 , 09:55 PM
#58
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Quote:
Originally Posted by ThePreacherJesse
How did Noah and ZBHorton miss this?
Who do you think has more sources near very wealthy European investors, SP or the LAT?

That's absolutely no diss to SP guys, they've been far away and above the best and most reliable guys around here recently and unlike others they actually put out objective, relevant and accurate information on a consistent basis.
06-30-2011 , 09:56 PM
#59
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Quote:
Originally Posted by LiveActionPro
Wow, the players get their money back, then what? USA will still be with out online poker.
On your bike
06-30-2011 , 09:56 PM
#60
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realistically, can you see someone investing $150million just so everyone can take their money and run?
06-30-2011 , 09:56 PM
#61
brokestballeruknow
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06-30-2011 , 09:56 PM
#62
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Quote:
Originally Posted by AKingdom
The article claims that not only will the purchase take care the 150 million owed to players but also the massive 3 billion $ fine levied by the DOJ. How is this possible? Is it possible that FTP is still worth anywhere near 3.15 billion at this point?
It's $1bn per site afaik and I would imagine that it'll be settled for significantly less.
06-30-2011 , 09:56 PM
#63
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so a day after they lose backing from the AGC they have a deal signed?


any1 else think its obvious they have had this deal waiting to be signed and the AGC news was the deciding factor in them giving control of the company over.

I was pretty pissed at the AGC but it seems like that move might have helped us American players.
06-30-2011 , 09:57 PM
#64
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YO YO GO GET EMIL! GO GET EMIL!!!!



in other news:


FINALLY!
06-30-2011 , 09:57 PM
#65
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Putin must be one of the investors....
06-30-2011 , 09:58 PM
#66
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It appears that they are willing to give up a majority stake in pocket kings today when they weren't a few weeks ago. Does anyone else read it that way?
06-30-2011 , 09:58 PM
#67
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wait it is not jack binion ? who would have guessed that QJ would be wrong about something.
06-30-2011 , 09:59 PM
#68
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06-30-2011 , 09:59 PM
#69
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IHoward and Chris...never doubted them....group hug everybody
06-30-2011 , 10:00 PM
#70
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this is savage news lads
06-30-2011 , 10:00 PM
#71
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Quote:
Originally Posted by kanga22
http://www.latimes.com/business/la-f...,6054543.story
The best first post in years....
06-30-2011 , 10:00 PM
#72
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Quote:
Originally Posted by stackinsideways
so a day after they lose backing from the AGC they have a deal signed?


any1 else think its obvious they have had this deal waiting to be signed and the AGC news was the deciding factor in them giving control of the company over.

I was pretty pissed at the AGC but it seems like that move might have helped us American players.
i don't want to know how much money they loose every minute they are not online. It's a hell of pressure for a company
06-30-2011 , 10:00 PM
#73
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winning
06-30-2011 , 10:01 PM
#74
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Quote:
Originally Posted by BigPete
IHoward and Chris...never doubted them....group hug everybody
**** those two, Ivey though
06-30-2011 , 10:01 PM
#75
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Quote:
Originally Posted by WelshFish
realistically, can you see someone investing $150million just so everyone can take their money and run?
Actually, new investors with majority ownership is the one way I see that won't instantly lead to a run on the bank.



edit: New slogan... "Learn, Chat, and Play with guys who haven't been indicted for money laundering".
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