LA Times - FTP to be sold to Euro investors

[TheBeesKnees]

Hope the investors get a return. I think it's kind of risky. Basically, they are injecting Full Tilt with funds to repay players, and in return, own a majority of the company, but with the US out and the bad bad bad PR, it will take a hell of a long time to get a positive return on this I think.

[bmeelneg]

Hope the investors get a return. I think it's kind of risky. Basically, they are injecting Full Tilt with funds to repay players, and in return, own a majority of the company, but with the US out and the bad bad bad PR, it will take a hell of a long time to get a positive return on this I think.

Yes its a very risky deal for them for sure. You mentioned the liabilities of returning player funds. Also keep in mind the DOJ fines that need to be paid. I agree 100% that it will be a very long time to show a positive return.

[joewallace10]

Does any1 know when or if ftp will reopen?

[bmeelneg]

Does any1 know when or if ftp will reopen?

Outside of the US ... the jury is still out. Inside the US ... don't bet on it.

[gametime74]

good news hopefully for everyone involve with full tilt, will the usa players ever allowed to play on full tilt will be the question

[Bastian2607]

I hope FT come back soon. I miss the Gameplay. I play at Pokerstars now but its not the same feeling as at Home on Fulltiltpoker.

[SendCookies]

Full Tilt has the best platform out on the market today and rush poker to boot. But, is that platform and rush poker worth the $300 million or more it's going to take to get the investors a RoI. I don't think so. As the source code for the platform would be way cheaper than $150 million. Chit truth be told. Just play 2 or 3 of the senior engineers like 500k/ year for the next 3 years and build your own label. Still cheaper than the bailout option. The players to continue on FT will be few and far between. Poker sites are all about critical mass. Once you've lost that, forget about it. And if/when FT opens again, the first order of business for most players will be cashing out. I can only see one way out for FT. Double or Triple Guarantee's on all there tourney for a while which would basically guarantee overlays for the next month or two. They'd be bleeding cash, but no more than all the other stupid marketing bleeds that they did.

[btngu]

hopefully this will be settled soon because no other site even close to full tilt as far as tourneys are conserned

[MIGO14]

Yeah I really much hope that they will reopen with a new trustable management.

[wagon596]

Other nations own most of the USA,,, might as well own FT, in case we get to play there again....