Full Tilt has been closed for nearly two months now, for a while poker players heard positive rumors that a group of European investors were looking to acquire the Full Tilt brand however things with that deal now look to have fallen apart with FullTilt announcing that they have begun negotiations with additional potential investors.

In their statement they said: “Full Tilt Poker will strive to have better communication with its customers going forward”; let’s hope that that part is true as to date their handling of the situation has been abysmal and one wonders if they still carry any value to the online poker world after all they have done or rather haven’t done.

Their rather lame excuse was: “Full Tilt Poker apologizes for its lack of communication with its customers over the last month and a half, but it has been grappling with unexpected and complex legal and financial issues arising from Black Friday and its aftermath. In addition, the company has had to be circumspect about disclosing the progress of negotiations with potential investors because there is often a requirement of strict confidentiality.”

The statement went on to try assure customers that their funds were safe:  “Full Tilt Poker’s number one priority remains the same: to secure an infusion of capital to repay all of its worldwide customers.”

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Full Tilt Poker has delayed their license review hearing with the Alderney Gambling Control Commission (AGCC) until no later than 15 September 2011.

Everyone was hoping the entire ordeal would be quickly and efficiently dealt with, then Full Tilt Poker could reopen, loose a few players, pay out all their outstanding cashouts including American players and affiliates but this turned out not to be the case.
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It comes as no big surprise that the remaining poker rooms are all trying to take a massive chunk from Full Tilt Poker’s loyal players by offering huge incentives for these players to join their rooms, seeing that Full Tilt Poker will be out of business for at least a month until they may reopen after a hearing with the AGCC scheduled for July 26th 2011.

Even the most loyal of FullTilt players must be steaming mad with this latest closure which will no doubt put Full Tilt in a rather bad spot even if they were to reopen and pay out all the outstanding balances owed. Most hope that this recent closure is only temporary but regardless gross damage has been done to their reputation and one wonders if they can ever restore their once so famous brand name. UB is pretty much dead since the last round of casualties, perhaps next in line in FullTilt.

Full Tilt Poker alternate poker rooms with some rather special sign up incentives recently released include 888 Poker, PokerStars and Titan Poker. The funny part is most of their emails start off with due to the recent news of Full Tilt Poker closing or something to that effect, none the less FullTilt have to a large extent brought this upon themselves and I guess it’s all fair play in this already competitive environment where each poker room’s goal is to get a higher share of the online poker market even at the expense of the now crippled FullTiltPoker.

We have compiled a list of special poker bonus codes some rooms are now offering to get your action in the wake of Full Tilt’s latest worldwide closure.

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Big news today is that Full Tilt Poker have been shut down by the Alderney Gambling Control Commission, evidence of the closure can be seen on the Alderney Gambling Control Commission website via a media release today.

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Online Poker Rooms have had significant changes in traffic since Black Friday, the top rooms who have recently blocked US poker players have dropped in traffic while those poker sites who still accept US players have increased.

While most American Poker players seem to have signed up to Carbon Poker on the Merge Gaming Network, which has had a major increase in traffic and are now ranking in the top 10.

While UB Poker have suffered a huge loss in traffic losing more than 3/4 of their players since Black Friday and other instabilities in the company which include dismissing 95% of their Costa Rica staff and all the Team UB Poker pros.

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