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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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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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full tilt poker black friday statementFull Tilt Poker released their official Black Friday statement providing more insight on why USA Poker players have not yet been paid. The latest statement explains that prior to Black Friday the government had seized player funds from American banks amounting to $115 million over the last two years. An online payment processor company have also stolen about $42 million causing even more financial difficulties for the company.

Since Black Friday Full Tilt Poker looks for new Investors to help fiance the company so they may payback their players and restore the company and it’s reputation to it’s former glory. With Full Tilt Poker closed the online poker room have lost their source of income when the AGCC suspended FullTiltPoker gaming license about two months ago forcing a worldwide shutdown.

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mike matusow full tilt pokerMike Matusow is the first Full Tilt Poker pro to speak out about Black Friday, Full Tilt Poker situation and players being paid out. In a recent interview with QuadJacks which featured Mike Matusow, Daniel Negreanu and Tony G some interesting topics are discussed which may help shed some light.

While most of the FullTilt Poker pros & owners have all remained silent since Black Friday which is possibly the worst way to deal with the situation.

Mike Matusow aka The Mouth answers all the questions thrown at him and gives his honest opinions.

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