PokerStars acquires FTP and settles with DOJ - Page 2

so wait, over 3 years? What is that supposed to mean? i had like 5k on FTP so basically you can only withdraw small amounts over time? I guess it's better than nothing.

at this point i'd be happy if they even gave me back half of wat they owe me ;(

On July 31 2012 13:27 Newblish wrote: so wait, over 3 years? What is that supposed to mean? i had like 5k on FTP so basically you can only withdraw small amounts over time? I guess it's better than nothing.

OMG READ CORRECTLY, you will have your money in 90 days from finishing the deal, and its getting finished in 7 days

On July 31 2012 13:39 MysticJoey wrote: Show nested quote + On July 31 2012 13:27 Newblish wrote: so wait, over 3 years? What is that supposed to mean? i had like 5k on FTP so basically you can only withdraw small amounts over time? I guess it's better than nothing. OMG READ CORRECTLY, you will have your money in 90 days from finishing the deal, and its getting finished in 7 days

yup he need to learn to read but as you do.
He's american and won't be paid in less than 90 days.

to newblish : DOJ will repay you and you have to fill a form

What happens to my Full Tilt loyalty rewards? We are reviewing all previous Full Tilt reward programs and will provide more details on plans for these programs in the near future. We intend to have a fair resolution for players with accumulated points and other rewards under the program.

So sickening great news i never expected to return my FTP points (worth 1k) and br (around 600).
Maybe i should also email PS my alot-below-EV graph of FTP cashgames and ask for refunding those?

On July 31 2012 12:26 2c0ntent wrote: Show nested quote + On July 31 2012 12:19 DooMeR wrote: who cares? andrewsong lol

how much did he had on FTP?

On July 31 2012 14:15 doriipoker wrote: Show nested quote + On July 31 2012 12:26 2c0ntent wrote:   On July 31 2012 12:19 DooMeR wrote: who cares? andrewsong lol how much did he had on FTP?

over few hundred ?

edit:

http://www.liquidpoker.net/poker-foru...How_much_did_FTP_steal_from_you_.html

omg i hope this is not another cocktease

COME ONNNNN

do u think we ll get back the money in the void + fpps?

On July 31 2012 14:20 dnagardi wrote: omg i hope this is not another cocktease COME ONNNNN do u think we ll get back the money in the void + fpps?

yes we'll get the fpp !!

On July 31 2012 13:39 MysticJoey wrote: Show nested quote + On July 31 2012 13:27 Newblish wrote: so wait, over 3 years? What is that supposed to mean? i had like 5k on FTP so basically you can only withdraw small amounts over time? I guess it's better than nothing. OMG READ CORRECTLY, you will have your money in 90 days from finishing the deal, and its getting finished in 7 days

3 years for americans it seems

ffs ... no.
PS will pay the 500Mish in 3 years.
we have no idea yet how long it will takes for american to be paid by the DOJ

I'm fucking drunk right now , had to celebrate :D
PS bought FTP for 500Mish and will pay those 500M in 3 years.
that doesn't mean americans will get their money after 3 years.
Actually PS pay 200mish right now wich cover the americans funds stuck at ftp

does this increase the chance of it legalizing sooner in US?

On July 31 2012 15:22 soberstone wrote: does this increase the chance of it legalizing sooner in US?

I don't think so
However it increase drastically the chance to allow PS '( and ftp) to enter the american market

On July 31 2012 15:22 soberstone wrote: does this increase the chance of it legalizing sooner in US?

One has nothing to do with the other, IMO

This is far from over for US players. It seems to me that the DoJ has clung to the detail that US players must come to them to get their funds. This could only mean one thing, that being the US Govt intends to review those individual claims for violations of US laws and for outstanding tax liabilities.

They could easily have allowed Pokerstars to return US players money the same as they are doing for the rest of the world, which makes it clear that Uncle Sam has ulterior motives

On July 31 2012 15:24 curtinsea wrote: They could easily have allowed Pokerstars to return US players money the same as they are doing for the rest of the world, which makes it clear that Uncle Sam has ulterior motives

This was also crossing my mind. I just hope that it'll be a nice and smooth process and that there aren't too many hoops to jump through

better late than never

On July 31 2012 11:45 Defrag wrote: PokerStars plans to re-launch Full Tilt Poker in most markets as a separate brand, following the appointment of a new, independent management team.

lol, why?

On July 31 2012 15:37 NMcNasty wrote: Show nested quote + On July 31 2012 11:45 Defrag wrote: PokerStars plans to re-launch Full Tilt Poker in most markets as a separate brand, following the appointment of a new, independent management team. lol, why?

So many reasons. E.g. in the same way Coca-cola is assisted by the existence of a strong competition-leader in Pepsi as it means that consumers
will speak of only their brands.

It's also favorable for the diversification aspect alone.

What. Coke and Pepsi are complelty different companies and are fierce competitors. Pepsi's credibility also wasn't completely destroyed.