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PokerStars, Full Tilt Poker and the Department of Justice are reported to have reached an agreement on paying back Full Tilt Poker players after a recent court hearing. An announcement will be made at the end of this month, the report says.
A leaked email to Pocket Kings employees in Dublin indicates that Laurent Tapie is not completely done with the online poker industry. In the mail, Tapie claims that he now aims to launch a brand new brand if he can get the support of former FTP key staff.
Groupe Bernard Tapie lawyer Benham Dayanim has denied allegations that the investor group was hesitant in finalizing the takeover of Full Tilt Poker. The group was prepared to move ahead but was obstructed by the DoJ, Dayanim claims.
Rumors from the past few days that PokerStars is taking over Full Tilt Poker are in fact true, industry insider blog Wicked Chops Poker claims. The $750 million prize tag is also reported to be correct.
The AGCC has today announced that Full Tilt Poker subsidiary Orinic Limited has withdrawn its application for a Category 2 gambling license. The withdrawal comes after Groupe Bernard Tapie failed its bid to take over Full Tilt Poker.
Groupe Bernard Tapie has just issued a press release, confirming that the pending takeover deal of Full Tilt Poker has fallen through. The investor group cites unresolvable differences with the DOJ as the reason for the deal's collapse.
The Alderney Gaming Control Commission has announced that it will be hosting a hearing to review a gaming license application from a Full Tilt Poker subsidiary. The hearing will take place on May 3, 2012.
More clues continue to pile up as Full Tilt Poker's relaunch seems to be getting closer by the day. According to government records, the site has recently registered two new subsidiaries in Malta.
Full Tilt Poker continues to advertise for new employees to join the Pocket Kings headquarters in Dublin. 10 new job offerings have been listed on a Dublin-based networking site, including positions in software development and payment processing.
Chris Ferguson has been given extra time to respond to the charges brought against him as part of the Black Friday indictments. Ferguson will now have until May 14th to decide how to react in his case.
Industry rumors claim that Groupe Bernard Tapie's takeover bid for Full Tilt Poker is "a done deal". An unnamed source also claims Laurent Tapie has moved to Dublin to oversee the business himself.
Full Tilt Poker seems to be moving increasingly closer to a relaunch already within this month. The company is according to industry whispers working hard to prepare a reopening of business and the repayment of the site's many European players.
Groupe Bernard Tapie is expecting to close the acquisition agreement with Full Tilt Poker by the end of next week, sources close to the matter say. The takeover would mean a reopening of the site in the near future.
A UK private equity firm is rumored to be interested in buying the Full Tilt Poker software if a takeover deal with Groupe Bernard Tapie falls through. The rumors for now remain unconfirmed.
Groupe Bernard Tapie and Full Tilt Poker are still on track to close a deal, GBT attorney Behnam Dayanim has revealed. The parties now hope that a takeover can be concluded within the next weeks.
Groupe Bernard Tapie's takeover of Full Tilt Poker is still alive and ongoing, says the group's lawyer, Benham Dayanim. "Substantial hurdles" however still remain before the deal can be closed.
Mike "The Mouth" Matusow is among the 19 pros who Groupe Bernard Tapie claims owe Full Tilt Poker money. Matusow, however, denies to be in debt to the troubled site.
Sources close to Groupe Bernard Tapie have revealed that the investor group expects to re-open Full Tilt Poker in March. The site will be rebranded and will obtain a Nevada online gambling license, according to rumors.
Laurent Tapie has confirmed that several pro players' debt to Full Tilt Poker could mean a serious obstacle to Groupe Bernard Tapie's takeover plans. A total of 19 pros will need to pay a combined $16.5 million to Full Tilt, Tapie says.
Additional details about a number of poker pros' debts to Full Tilt Poker have emerged today. Anonymous sources claim that Phil Ivey and Erick Lindgren owe the company $4 million each.
A number of pros still owe substantial amounts of money to Full Tilt Poker. If the money doesn't come in, it could jeopardize the deal, says investor group Groupe Bernard Tapie.
Reports that Chris "Jesus" Ferguson would be prepared to try to impede the Full Tilt Poker takeover deal are not true, Laurent Tapie has said. The deal continues to move forward with Ferguson's support, he adds.
Full Tilt Poker has agreed to terms with the U.S. DoJ in a deal that will allow Groupe Bernard Tapie to buy all of FTP's forfeited assets. The Tapie Group now hopes to have Full Tilt Poker open again "by March".
Scores of online poker players are still awaiting news about the deal between Full Tilt Poker, the US Department of Justice and Groupe Bernard Tapie. An anonymous source has now told the Poker King blog that the deal is on track.
Groupe Bernard Tapie is still working on taking over Full Tilt Poker, company lawyer Benham Dayanim has revealed in a new interview. The group hopes to be ready to reopen the site in the early part of the year.
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