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PokerStars buys FullTilt Poker, in a new deal with the DOJ Full Tilt poker sold to PokerStarsIn what seems to be a silly joke and somewhat of a rumor, PokerStars have bought FullTilt Poker after reaching an agreement with the DOJ following Laurent Tapie’s failed bid at taking over FullTilt Poker.

While it certainly seems that PokerStars have bought Full Tilt Poker it is not yet 100% confirmed as of writing, in the alleged legal agreement reached between PokerStars and the purchase of Full Tilt Poker, PokerStars have agreed to a $750M fee which includes the settlement with the DOJ and player balances worldwide.

The GBT deal is very definitely a no go as can be seen on iGamingFrance and EGR where they have confirmed that without a doubt the FullTilt buyout deal is off.
PokerStars may have just done the right thing by buying FullTilt Poker if indeed the news turns out to be true which I’m guessing it is. It is also being reported that PokerStars will continue to run Full Tilt Poker as a stand-alone brand.
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full tilt poker relaunchFull Tilt Poker may be reopening soon with hopes that Group Bernarde Tapie complete the deal and takeover the company on 16th March. FullTiltPoker could be back online as early as next month April 2012, players can finally expect to be re-payed with the GBT agreeing to refund all player outside of the US and the DOJ returning funds to US players.

Regaining players trust will be one of the hardest feats that the GBT will have to overcome since it’s been several months since the poker site has been offline. The silence and lack of communication with players has created much doubt in the poker community, but the recent news that the site may relaunch soon offers some hope.

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online poker for mac & mobileOnline poker is easily available for users who have a Windows PC or laptop, players can simply download almost any poker room software and start playing after signing up for an account. But what about players who don’t use a Windows based computer?

A select few online poker rooms have made their software compatible for MAC, iPhone, smartphones and android mobiles. With the speed at which technology is advancing these days it’s important for sites to keep current with the latest trends and devices.

Some poker sites also have a flash version of their software which is compatible for both Windows and MAC users, the software is normally a slightly simplified version of the downloadable client and still supports both free money and real money poker games.

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Full Tilt Poker Deal with Groupe Bernard Tapie and DOJ - November 2011Great news for fans of Full Tilt Poker, the former #2 venue in online poker and even better news for those who have had their bankrolls frozen at the site since Full Tilt’s worldwide closure after the AGCC revoked their gaming license.

Full Tilt Poker looks set to make a comeback deal with Groupe Bernard Tapie taking over command of the once so popular poker room, the deal which has the approval of the DOJ will include paying all outstanding players worldwide that have money suspended in their Full Tilt player accounts.

Although exact details of the deal have not been fully disclosed to date, Managing Director of Groupe Bernard Tapie, Laurent Tapie has confirmed that “payment terms are defined” and that he expects an agreement to be drafted and signed within the next two weeks.

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full tilt poker agcc hearingThe results of the Full Tilt Poker AGCC Hearing are still to be announced, but should be released soon. According to sources Full Tilt Poker have secured an investor deal with an “intent to purchase” from a French company which may replace all current ownership and repay all players who are owed money, the recent deal was brought to light at the AGCC hearing which took place in private last Monday and Tuesday.

FullTiltPoker’s lawyer has urged the AGCC to hold back on their decisions for at least 30 days while the new French owners to replace the current owners. Both the DoJ and AGCC are aware of the new investors deal and are currently vetting the funds from the investor.

However if the AGCC come to a decision within the next few hours and revoke Fulltilt Poker’s gaming license, the company could possibly fold if they lose their investors, in this circumstance none of the online poker players will ever be paid out.

With so much at stake in the next few hours, we certain hope the AGCC ruling is in the best interest of the players as I’m sure they are all waiting for the final outcome of the meeting.

Update: AGCC revokes Full Tilt Poker license

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