News of a Full Tilt Re-Launch

April 21, 2012

Over the past 372 days, Full Tilt Poker has not had its best year. Since Black Friday, Full Tilt has had its licensed revoked, was accused by the DOJ of being a Ponzi scheme, has faced multiple class action suites, suffered irreversible brand damage, and is still yet to pay its players. After a long negotiation phase with several potential companies that could save the poker site and return the brand to the Net, Full Tilt has for the most part stayed out of the radar and finally when negotiations with Groupe Bernard Tapie seem to be going somewhere, but nothing final ever surfaces.

Now finally comes word of an official newfound guidance by Laurent Tapie and Prosper Jeremy Masquelier, directors of the New Full Tilt Limited, revealed via filings in Ireland and Malta. Furthermore, a subsidiary of FT, Orinic Limited, has petitioned with the Alderney Gaming Control Commission (AGCC) for a Category 2 License to offer gambling online. An open public hearing will take place on May 3rd to determine licensure. The company is hiring with end of April start dates.

Full Tilt declines comment at this time, the DOJ said Friday that they would have no input on the sale of the company or the upcoming re-launch. With not much to report, unfortunately the question still remains, “Will former Full Tilt Poker players ever receive the funds that have been ‘frozen’ since April 15, 2011.

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