Full Tilt Poker: A Year In Review
It’s been one helluva ride for Full Tilt Poker over the last year or two. From riding high in the poker universe to experiencing more shame than most companies have to endure to being purchased by its one-time competitor, it’s never a dull moment in weird and wacky Full Tilt Poker-world.
Let’s take a look back at some of Full Tilt’s biggest moments over the last year:
April 6, 2011: Just days before Black Friday, Full Tilt created a partnership to back federal legislation to regulate and fully legalize online poker in the US. Read the full story: Full Tilt Fights for Regulation
April 18, 2011: This signaled the beginning of the end for Full Tilt. After Black Friday, Full Tilt stated that they have “always been committed to preserving the integrity of the game and abiding by the law.” Um, sure they did. Read the full story: Full Tilt Poker Issues Official Statement About Federal Seizure
June 29, 2011: The AGCC finds that Full Tilt Poker was “operating contrary to Alderney legislation” because of its defiance of US law. “The nature of the findings necessitated the taking of immediate action in the public interest.” Read the full story: Full Tilt Loses EU License
September 21, 2011: The US Department Of Justice alleged FTP was operating as a global Ponzi scheme. Read the full story here: US Attorneys Call Full Tilt A Ponzi Scheme
September 22, 2011: The US DOJ’s decision to charge FTP director Rafe Furst came shortly after indictments of poker celebrities Christopher Ferguson and Howard Lederer. He reportedly received almost $12 million over a four year stretch. Read the full story here: Rafe Furst Target of DOJ
October 28, 2011: News broke that a French investment firm was buying Full Tilt. The deal would never come to happen. Read the full story here: Full Tilt Poker and Groupe Bernard Tapie Deal Still In the Works
November 3, 2011: Now we know the deal never came to fruition, but after weeks of negotiations, it seemed like GBT was getting a deal when buying FTP for $80 million. Read the full story here: Groupe Bernard Tapie and Full Tilt Reach A Deal?
December 9, 2012: The Alderney Gambling Control Commission gets majorly concerned that Full Tilt officials may have misled investigators as to how much co-mingling of player and company funds had occurred. Read the full story: AGCC Reviews FTP License
March 6, 2012: Despite being one of the most hated men in the online poker world, Ray Bitar tried to save grace by issuing an apology to players. Too little, too late? Read the full story here: Full Tilt CEO Ray Bitar Issues An Apology
March 19, 2012: Just over a month before the PokerStars purchase was revealed, it was reported that the GBT deal was over. Read the full story here: Groupe Bernard Tapie and Full Tilt Deal Falls Apart
April 16, 2012: Former Full Tilt Poker players looking to recoup their lost player account funds filed a class action suit in Las Vegas against the company’s directors, Howard Lederer and Chris ”Jesus” Ferguson. Read the full story here: Full Tilt Issued New Lawsuits
April 24, 2012: A Full Tilt resurrection is reportedly in the works. PokerStars is said to be buying its former rival. Read the full story here: PokerStars Buys Full Tilt Poker