With most of the legal jeopardy and fallout from the Department of Justice indictments waning, there has been an uptick of information coming out regarding the goat rodeo that was Full Tilt Poker operations post-Black Friday….
Well, it looks like Full Tilt Poker may actually be saved by Groupe Bernard Tapie. I don’t know if “surprised” is the word I’d use about this news so much as “pleasantly optimistic.” I guess I always felt that the software and database had a certain amount of value. I just never had any idea of how much. Now I know.
The following feature is an accumulation of interviews–told in an “oral history” format–by people who know Full Tilt Poker CEO Ray Bitar. While we had to conceal the identities of the individuals in this story in order to get them to agree to talk, these are their real stories, and are transcribed from their own words.
The sale of Full Tilt Poker to Groupe Bernard Tapie (GBT) is almost done. The DoJ and GBT reached an agreement that now needs to be approved by Full Tilt shareholders (likely) and then officially executed by the DoJ.