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PokerStars buys Full Tilt Poker?

Tags: doj, fulltilt, group bernard tapie, pokerstars.
Posted on 24 April 2012 by "T".

According to numerous sources, PokerStars has reached a settlement with the US Department of Justice (DOJ) to buy Full Tilt Poker and settle its outstanding legal matters. No official statements have been made by either sites so far, but according to Alex Dreyfus, CEO of Chili Gaming, PokerStars has paid $750 million to acquire Full Tilt and settle its outstanding legal issues with the DOJ - $330 million will go to repay Full Tilt account holders.

These news, if they are true, come as a big surprise since the French investment group Group Bernard Tapie were known to be the buyers of Full Tilt Poker until now. And there has been lots of news in the past few weeks indiciating that the deal was as good as done. Now, however, it seems like new owners might be PokerStars, the world's largest poker site.


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32 comments on "PokerStars buys Full Tilt Poker? "

Displaying only the 25 latest comments. To view all comments, please visit the forum thread:
» PokerStars buys Full Tilt Poker?


 IslandJack24/04/2012 22:01:34 GMT
Posted by retribution:
I think this is just a bullshit story TBH. It seems like this all started from a 2+2 forum post, and it's gone viral from there.

From a logical standpoint, it doesn't really make much sense, given what's happened with GBT and FT as of late:

- Servers Being tested
- GBT Opening Parent companies
- Pocket Kings Hiring Customer service repts

To me, it just seems like the retard that made the post on 2+2 and started this all is just attention whoring. I mean it was their first post ever, so that should resonate pretty clearly his credibility.

Guess we'll see won't we?


It all over the Net Retribution.
Just look around.
 JackalDFL24/04/2012 22:27:18 GMT
A post on their website confirms that they are in negotiations with the department of justice. They refuse to say more at this point.
 dlkiv24/04/2012 23:42:22 GMT
GREAT ,( insert vomiting face thingy here ), now we get to see more of Daniel Negreanu !!

When I played online I did play at FT but have always hated PS. Hate DN even more. Just my thoughts but now I will never play at the new FT.

Because of 'Daniel Negreanu" I think we need a vomit 'facey" thing in the 'Insert smiley' thing from below.
 Arithmajik25/04/2012 00:22:56 GMT
2nd the crazy shit! Did not see that coming, makes sense though, why not buy out your biggest competitor if you can get them at a discount, and seeing as FT's not even running, I'm sure they're selling at a very hefty discount. Also seeing as PS has already been approved to run, they can use their cred to re-establish the FT brand in the DOJ's eyes.

Why the hate on DN Dlkiv? I'm not a fan or anything, just curious.
 bombsapphire25/04/2012 00:23:31 GMT
Monopoly ?
We all know that Stars has overwhelming funding ability. They surely can afford to pay 750M. But they will reduce promotions and rakeback.
 Flippedchips25/04/2012 00:32:14 GMT
damn thats some epic shit!

lol Dlkiv, i know what you mean he does my head in these days Smile anyway was it stars you had a thing with you never said in that mystery post you did ages ago lol ive been wondering all this time i thought it was FT
 jessthehuman25/04/2012 00:49:54 GMT
Very interesting if true.. I wonder if they'd run both skins connected to the PS server ?? (shared traffic) That would be pretty awesome.. bad news for all the other poker operators though!
 Flippedchips25/04/2012 01:05:36 GMT
dont think so Jess pokerstars freaking out just now i think the amount of players they have on the site. What i was thinking was they could just shut the site then all the money owed to players from tilt refund it on pokerstars. I cant see this happening all the same as people just love the cartoon tables and if they did it leaves it open for someone else to go the cartoon look.

It is a great thing for the fulltilt fans all the same because they know there money will be safe most likely, Im sure the people with lots of money tied up there will be happy because they know they will get there money now Smile Thumbs Up
 GIOMi625/04/2012 02:10:03 GMT
That is great news if it is true then all the players will be refunded, that is awesome and also to play FTP again is something many players were waiting for.
 GoTrixo25/04/2012 05:40:29 GMT
Posted by dlkiv:
GREAT ,( insert vomiting face thingy here ), now we get to see more of Daniel Negreanu !!

When I played online I did play at FT but have always hated PS. Hate DN even more. Just my thoughts but now I will never play at the new FT.

Because of 'Daniel Negreanu" I think we need a vomit 'facey" thing in the 'Insert smiley' thing from below.


Hi, The only thing i wonder why so much hate on Negreanu? he is a great player and definitely one of best players Canada's got in poker. and he is fun to watch. Negreanu belongs to my favorite players but i do have a long list of entertaining players to watch for me, and i respect all of them. You could just start respecting them aswell. But i guess hating on Negreanu in one thread and one post is not a big deal Big Smile

Now to the thread.. if all of this is true, then its good and bad news in one. Yea thats right people will get their money back very very likely. that is a great + +++++++++++ many players been waiting for i guess.

The bad part about it : Not so good promotions,rake back, vip program. And PokerStars will dominate both Online & Offline poker scene. There won't be anyone who can take a step to compete vs PokerStars... its just impossible right now.

My Two Cents Smile
 sroves25/04/2012 07:04:40 GMT
its great
 retribution25/04/2012 07:22:35 GMT
Posted by jessthehuman:
Very interesting if true.. I wonder if they'd run both skins connected to the PS server ?? (shared traffic) That would be pretty awesome.. bad news for all the other poker operators though!


Well from what I've heard, they'd maintain them as seperate sites, at least for the time being.

I think what would make the most logical sense is for them to either fully assimilate FT's software, and merge their player base like you suggested.

I don't know how I feel about the buyout thought. I think they definitely would do away with rakeback for FT players, which I'd be totally against. Sure their VIP system is okay, but it's a farcry from 27% rakeback :S

Everyone knows the real value in the VIP system @ stars is only really seen by high stakes/volume players, such as Supernova.
 bullettooth125/04/2012 08:21:06 GMT
i dont think its true.
for months now we'v been hearing about gbt. and now last minute after testing, hiring and license applying we hear that its not gbt but stars who are buying ftp?

i hope its not true because im not a fan of stars and they will put their stamp on ftp and spoil it.
 jessthehuman25/04/2012 09:27:08 GMT
Posted by retribution:


Everyone knows the real value in the VIP system @ stars is only really seen by high stakes/volume players, such as Supernova.


This is true - and I think regardless of how they play it - it's pretty unlikely they would keep FTP 27%.
 Chartoule25/04/2012 10:27:39 GMT
If Pokerstars buy FTP we will see a lot of changes in the classic FTP reward system (iron man, black card, rakeback). And we can say bye to the system FTPs dealt (hi contributed, as rake).

If pokerstars buy FTP we can say bye to the classic no deposit promotions we love. And say hi to reload bonuses.
 dlkiv25/04/2012 10:49:51 GMT
Posted by Flippedchips:
damn thats some epic shit!

lol Dlkiv, i know what you mean he does my head in these days Smile anyway was it stars you had a thing with you never said in that mystery post you did ages ago lol ive been wondering all this time i thought it was FT



@ Flippedchips and Arithmajik as well as to GoTrixo

I am not a fan of DN because I have met him during live play. I did not play against him but he was playing at a special tourney at same casino as me. We happened to be at the bar getting drinks when he came in and to tell the truth he is a jerk to many,( seen this), and was insulted that I did not want his autograph. I mean really why would I ? Hi style of play ,I am not a fan of or anything else about him . I have never been someone who has ever wanted an autograph from anyone,( managed a huge very well known nite club in Toronto and had many celebs in there and never once asked for an autograph from any). Seeing how he was to some who had no clue who he was,( and did not care when they found out), just turned me off. That is why I am not a fan of him, and as I said his style of play never amazed me or gave me any respect for him. Those are just my thoughts and opinions. Smile

@Flippedchips. No it was not FT or stars but a site that still exists and sorry still can't say. Smile
 GoTrixo25/04/2012 12:41:25 GMT
Posted by dlkiv:
Posted by Flippedchips:
damn thats some epic shit!

lol Dlkiv, i know what you mean he does my head in these days Smile anyway was it stars you had a thing with you never said in that mystery post you did ages ago lol ive been wondering all this time i thought it was FT



@ Flippedchips and Arithmajik as well as to GoTrixo

I am not a fan of DN because I have met him during live play. I did not play against him but he was playing at a special tourney at same casino as me. We happened to be at the bar getting drinks when he came in and to tell the truth he is a jerk to many,( seen this), and was insulted that I did not want his autograph. I mean really why would I ? Hi style of play ,I am not a fan of or anything else about him . I have never been someone who has ever wanted an autograph from anyone,( managed a huge very well known nite club in Toronto and had many celebs in there and never once asked for an autograph from any). Seeing how he was to some who had no clue who he was,( and did not care when they found out), just turned me off. That is why I am not a fan of him, and as I said his style of play never amazed me or gave me any respect for him. Those are just my thoughts and opinions. Smile

@Flippedchips. No it was not FT or stars but a site that still exists and sorry still can't say. Smile


Allright im getting a better view now. Thats kind of silly to be insulted about someone not wanting an autograph. Can't blame you then, if its true. Probably being a Celebrity.. boosts your ego to no limits. But maybe he was just kidding?
 dlkiv25/04/2012 12:56:35 GMT
Posted by GoTrixo:
Posted by dlkiv:
Posted by Flippedchips:
damn thats some epic shit!

lol Dlkiv, i know what you mean he does my head in these days Smile anyway was it stars you had a thing with you never said in that mystery post you did ages ago lol ive been wondering all this time i thought it was FT



@ Flippedchips and Arithmajik as well as to GoTrixo

I am not a fan of DN because I have met him during live play. I did not play against him but he was playing at a special tourney at same casino as me. We happened to be at the bar getting drinks when he came in and to tell the truth he is a jerk to many,( seen this), and was insulted that I did not want his autograph. I mean really why would I ? Hi style of play ,I am not a fan of or anything else about him . I have never been someone who has ever wanted an autograph from anyone,( managed a huge very well known nite club in Toronto and had many celebs in there and never once asked for an autograph from any). Seeing how he was to some who had no clue who he was,( and did not care when they found out), just turned me off. That is why I am not a fan of him, and as I said his style of play never amazed me or gave me any respect for him. Those are just my thoughts and opinions. Smile

@Flippedchips. No it was not FT or stars but a site that still exists and sorry still can't say. Smile


Allright im getting a better view now. Thats kind of silly to be insulted about someone not wanting an autograph. Can't blame you then, if its true. Probably being a Celebrity.. boosts your ego to no limits. But maybe he was just kidding?



Nah dear he was not kidding. He was not happy that not everyone knew who he was and those that did really had no interest in him. I personally had no interest in him, and really have never been in awe of any celebrity, but that is just me Smile
 pochui26/04/2012 07:23:10 GMT
to be fair it is a big surprise- even though financially it may be wise, still this was totally unexpected...just interesting to see how will this be incorporated- two brands gonna operate separately- they are competing for customers? so how this issue will be treated...interesting times
 Fakiry26/04/2012 10:50:16 GMT
Everyone’s talking about FTP and having the chance of playing there again. The most impaired with this situation would be Pokerstars, the biggest online poker company in the world, who would have again a big objector in it’s market. So what is the best way to eliminate this threat? Terminating it, buying it, now, even if they decide to keep it separate from Stars and with other promos, it will be money coming from two sides to the same pockets. Seems good to me, just don’t know if they will keep it separate or if they will regroup everything – this must be more like it.
 Chartoule26/04/2012 12:16:32 GMT
I agree with you Fakiry. Pokerstars do the best for himself. No other site will use FTP soft and no other group will buy and relaunch FTP, removing a part of the business.
 Arithmajik27/04/2012 15:09:16 GMT
Posted by dlkiv:
Posted by GoTrixo:
Posted by dlkiv:
Posted by Flippedchips:
damn thats some epic shit!

lol Dlkiv, i know what you mean he does my head in these days Smile anyway was it stars you had a thing with you never said in that mystery post you did ages ago lol ive been wondering all this time i thought it was FT



@ Flippedchips and Arithmajik as well as to GoTrixo

I am not a fan of DN because I have met him during live play. I did not play against him but he was playing at a special tourney at same casino as me. We happened to be at the bar getting drinks when he came in and to tell the truth he is a jerk to many,( seen this), and was insulted that I did not want his autograph. I mean really why would I ? Hi style of play ,I am not a fan of or anything else about him . I have never been someone who has ever wanted an autograph from anyone,( managed a huge very well known nite club in Toronto and had many celebs in there and never once asked for an autograph from any). Seeing how he was to some who had no clue who he was,( and did not care when they found out), just turned me off. That is why I am not a fan of him, and as I said his style of play never amazed me or gave me any respect for him. Those are just my thoughts and opinions. Smile

@Flippedchips. No it was not FT or stars but a site that still exists and sorry still can't say. Smile


Allright im getting a better view now. Thats kind of silly to be insulted about someone not wanting an autograph. Can't blame you then, if its true. Probably being a Celebrity.. boosts your ego to no limits. But maybe he was just kidding?



Nah dear he was not kidding. He was not happy that not everyone knew who he was and those that did really had no interest in him. I personally had no interest in him, and really have never been in awe of any celebrity, but that is just me Smile


Ha ha, so Daniel is a bit of a deuche in real life eh? Heh heh, can't say I'm surprised, money and fame often does that to a person. Autographs are a funny thing too, I can't believe people often charge money just to give them.

Is that club you used to run still open?
 GeneYuss05/05/2012 20:53:04 GMT
Pokerstars should not use .com domain then the DOJ can seize it whenever they want. That's why a lot of websites switched to other domain like cakepoker, bodog, doylesroom.
 teddybears7305/05/2012 21:04:17 GMT
Posted by dlkiv:
GREAT ,( insert vomiting face thingy here ), now we get to see more of Daniel Negreanu !!

When I played online I did play at FT but have always hated PS. Hate DN even more. Just my thoughts but now I will never play at the new FT.

Because of 'Daniel Negreanu" I think we need a vomit 'facey" thing in the 'Insert smiley' thing from below.


what's wring with daniel,dlkiv? i think he's quite funny at times.
Smile

------------
oops didn't read your 2nd post,now i know why Blink
 jsantos7513/05/2012 04:26:05 GMT
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