The 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

Read More …

According to several reports online PokerStars is currently working on their own version of Full Tilt Poker’s patent pending Rush Poker software. Rush Poker is currently not available to online poker players since Full Tilt Poker shutdown on Black Friday. Formally known as the World Fastest Poker game, Rush Poker was available in cash game and tournament format and was one of the most popular poker variants FullTiltPoker introduced to the poker world.

Since Full Tilt Poker closed it’s doors the company is still currently awaiting for a decision from the AGCC regarding the future of the company, things are not looking good with recent DOJ accusations calling Full Tilt Poker a Ponzi Scheme. While Full Tilt Poker’s future is undecided, PokerStars look to gain more players by developing a PokerStars Rush Poker type of game.

Expect to see the release of this new adrenalin poker software within the next few months, obviously under a different name with hopefully even more improvements on the original idea of Rush Poker and possibly PokerStars Mobile.

PokerStars bonus code – STARS600

Download PokerStars

Read More …

Full 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.

Read More …

A bit of good news for Full Tilt Poker fans, if there are any left, the Ivey vs. Tiltware lawsuit was dismissed on 30 June 2011; the case was voluntarily dismissed without prejudice by Phil Ivey.  It is rumored that a group of European investors are interested in purchasing a majority stake in Full Tilt Poker which would be one step closer to seeing all USA FullTilt poker accounts paid out.

PokerStars have benefited the most from Full Tilt Poker’s closure, they have seen a surge in their player numbers since Full Tilt Poker closed; they have reportedly claimed 66% of FullTiltPoker’s players.

The big question everyone is now asking is: When will Full Tilt Poker open again?

Read More …

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.

Read More …