As I have been speculating/predicting for some time now, that Full Tilt’s inability to pay back customers is a cash flow issue, seems to have been finally confirmed. Recent reports indicate that Full Tilt has struck a deal with the US DOJ that has unfrozen about a third of the money currently tied up in …
Just got off the phone not too long ago after doing a call-in segment on the 2+2 PokerCast. They’re reviewing what’s gone down in the month or so since Black Friday. I was also on the PokerCast on April 19th. Good chat about Black Friday, Full Tilt cash outs, and just what in the heck …
I had a conversation with someone in the know at PokerStars who helped clear up some issues concerning how the different regulatory bodies work and why Stars was able to pay out their players so rapidly. First, let’s just do a quick review of where each of the indicted poker sites are located. AP/UB: Kahnawake …
It is in times of trouble that you truly learn the nature of people (or organizations). Since Black Friday I think we’ve seen the character of a lot of organizations. Stars stepped up to the plate and made a very timely refund of player monies (all things considered). Tilt has disappeared into a black hole …
A full month after Black Friday Full Tilt representative FTPDoug (actually, the real FTPDoug left the company a long time ago and they just use the name since he had some credibility on 2+2) announced: NOTICE (UPDATE): The comment I made about FTPDoug was made in error. Someone I used to work with at FTP …