The LA Times is reporting that a group of unnamed European Investors have come to terms to purchase a majority stake in the online poker site. The deal would also facilitate the repayment of US player funds that have been frozen since April 15, 2011 –known as Black Friday in the poker world. While no monetary numbers were given, the sale would apparently see a large enough infusion of cash to cover the estimated $150 million owed to US players, as well as to settle Full Tilt Poker’s part of the $3 billion civil suit filed by the US government in conjunction with the criminal indictments that were handed out in the case. It was also discovered that Phil Ivey, who filed a $150 million breach of contract lawsuit against the company he has represented for over five years, will ask for the case to be dismissed in light of the new developments. According to Ivey’s lawyer, David Chesnoff, “Mr. Ivey intends to dismiss his lawsuit as he believes Full Tilt is taking steps to see that the players are paid," PokerNews.com is also reporting that they have spoken to several sources at Full Tilt Poker who corroborated the LA Times story, however, they also stated that there were still “a few remaining obstacles that need to be cleared before a deal is confirmed.”
Friday, July 1, 2011
Monday, May 16, 2011
Poker Stars to let U.S. players back
PokerStars has made agreement with the DOJ that will let U.S. players play for real money again Read this article http://tinyurl.com/42plx7b
Friday, April 15, 2011
U.S. Players can not play on PokerStars
I just log into PokerStars was going to play the .55 cent tournament. Went to register and got a message saying “playing real money tournaments is not allowed in your area.” That just sucks… Thanks to the Unlawful Internet Gambling Enforcement Act (UIGA) and the U.S. Justice Department. What a sad, sad day to be a American.
Tuesday, April 12, 2011
Talking About Winning The Poker Lotto
Check this out this is way I play tournaments, after this cash I’m done with poker for the day.
PokerStars Tournament #383459907, No Limit Hold'em
Buy-In: $0.10 USD
5250 players
$50.00 USD added to the prize pool by PokerStars
Total Prize Pool: $575.00 USD
Tournament started 2011/04/12 15:00:00 CT [2011/04/12 16:00:00 ET]
Dear PokerDonkeys,
You finished the tournament in 1050th place. A USD 0.11 award has been credited to your Real Money account.
Congratulations!
Thank you for participating.
Saturday, April 9, 2011
New Poker Donkeys Podcast...!
That is right a new Poker Donkeys Podcast is up on iTunes and over at Talksoe http://bit.ly/bl5KmR It has been up for a few days now, its been so long I forgot to blog about the new Poker Donkeys Podcast. I hope we still have a few listeners out that remember Ken and I. It was great to do the show again have missed doing but not sure if I can keep Ken doing it on a regular bases. Enjoy the Poker Donkeys Podcast.