While no actual statement has been made as to how and when the supposed the Full Tilt Poker deal is to take place, negotiations and settlement discussions are an ongoing process.
In an email Ray Bitar sent out to his Dublin staff he revealed that the “deal with PokerStars will very soon make our goal a reality” in repaying players and “PokerStars to guarantee all July salaries” for his staff.
According to the Associated Press the US Gov were working in conjunction with the the Irish authorities to have Ray Bitar extradited. Bitar could be sentenced up to 145 years in prison for charges of fraud.
- GBT repaying customers outside of the USA.
- DOJ to repay US players from seized funds.
- GBT acquiring Full Tilt Poker for $80 million.
Full Tilt Poker still need to agree and sign the deal to start the process of the sale of the company, while there may still be further negotiations, representatives from both parties seem optimistic about the recent developments. Hopefully we’ll see Full Tilt Poker open it’s doors to players and restore their negative reputation and regain players trust.
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.