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Breaking: Ray Bitar Surrenders

Full Tilt Poker's controversial CEO, Ray Bitar, has turned himself in to US authorities. Poker forum Two Plus Two first reported the news that Bitar went to New York City to be arrested by the FBI. The surrender seems to be serving as a catalyst to expedite the Full Tilt, PokerStars deal, Bitar told employees…

Full Tilt and PokerStars Ready to Pay Off US Players?

Are PokerStars and Full Tilt Poker getting ready to announce a timetable for paying back US player accounts? According to a recent posting at iGaming Post, the two companies have indeed reached an agreement with Department of Justice (DOJ) officials and could be making a formal announcement as soon as the end of the month.…

Full Tilt Poker and PokerStars: What Does It All Mean?

[caption id="attachment_20684" align="alignright" width="275" caption="Full Tilt's story is far from done."][/caption] Last week was a busy one for online poker news. Unfortunately, most of the action took place in backroom meetings and not on the poker table. Poker's big week began with news that the Groupe Bernard Tapie (GBT) had withdrawn from negotiations with the…