The latest Full Tilt Poker news update regarding PokerStars buying FullTilt is IGaming post recently reported that following a US court hearing between Full Tilt Poker, PokerStars and the DOJ.

The parties involved are set to make an announcement some time during the last week of May 2012, which should contain a schedule for repayment of all Fulltilt Poker USA players and those from the rest of the world.

Both Isai Scheinberg the owner of PokerStars and Paul Tate Director of Payments may be expected to vacate their positions at PokerStars as part of the deal.

The deal reached by PokerStars buying FullTilt Poker will be fully approved by the USA DOJ who are then expected to announce that both PokerStars and Full Tilt Poker will be allowed to apply for licenses in the USA once poker is legal in America.

There are also rumors circulating that Wynn may have a part to play in the Full Tilt Poker deal.

PokerStars must be pleased with the outcome of their dealings with the DOJ and even more so that no prejudice will be held against them when applying for a license in the USA sometime in the future.

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Party Poker Revenue Drops in 2009, PartyGaming Plc have just released their interim results for the six months up to 30 June 2009.

http://www.partygaming.com/prty/en/mediacentre/pressreleases/financialnews/?ref=223

While PartyGaming still has a firm foot in the door in the online poker world currently number 4 globally in terms of player traffic the former giant has suffered a major blow ever since the UIGEA was passed into USA law where the LSE based company opted to take the safe road by blocking all USA customers their major source of revenue at the time.

The company has since adapted remarkably well without the US market by extending their services to include PartyCasino, PartyBets and PartyBingo.

PartyCasino has since evolved into becoming the single largest online casino operation worldwide and boasts profit figures that are just short of those generated from Party Poker.

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