Tuesday, 4 October 2011
If the proposed rescue of Full Tilt Poker by the Groupe Bernard Tapie goes ahead players with money outstanding could be offered equity in the company.
In a report in the Wall Street Journal, Benham Dayanim, lawyer for the Groupe Bernard Tapie, said that “the Tapies may address Full Tilt's liabilities by offering equity in a revived company to poker players owed the most money.” The WSJ report also suggested that the Groupe Bernard Tapie is seeking investment from the current owners of Full Tilt but that the they would have no management role in any new company.There are plenty of hurdles that the Groupe Bernard Tapie must clear before any potential takeover can proceed though, most notably agreement from the US Department of Justice and a new operating licence after the Alderney Gambling Control Commission's recent revocation.Full Tilt has player liabilities of over $300m.
Juicy Stakes and Intertops Poker will hold their special May Day online poker tournament with a guaranteed $2,000 in the prize pool on May 1 and players are being offered the chance to qualify from Monday to April 30 via a series of satellites.
The Easter holidays are now upon us and Juicy Stakes and Intertops Poker are celebrating by holding a pair of special online poker tournaments.
Juicy Stakes and Intertops Poker will be launching their three-stage Vegas Milli Maker tournament series from tomorrow offering players the chance to win a prize package to compete in the upcoming Millionaire Maker event at the 48th annual edition of the World Series Of Poker (WSOP) in Las Vegas.
Intertops Poker and Juicy Stakes are about to kick off three-stage online satellite tournament series that are promising to award winners with prize packages to compete in the upcoming European Poker Championship in Velden, Austria.
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