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Full Tilt Players Possibly Refunded by GBT?

Written by Beatrix | Monday, May 7th, 2012

Following the news that the Groupe Bernard Tapie deal to buyout Full Tilt Poker fell through after allegedly losing the final bid to PokerStars, rumor has it that a new online poker site will be established by GBT with the intention to pay back former Full Tilt Poker players who lost the funds they held in their player accounts after a series of unfortunate events last year.

In an email from GBT that was recently leaked to the public, news of a new poker site to be set up and operated by GBT using the funds that GBT had set aside to buy Full Tilt. This new poker site would make it possible for former Full Tilter Poker players to get their money back if they agree to play poker at this new online poker website.

This would be an ingenious way to scoop up all those Full Tilt Poker players, who are not likely to get their money back should PokerStars re-open Full Tilt. And all brand loyalty is likely gone out the window at this point anyway. If and when online poker becomes legal in the US, the Full Tilt Poker database of US players would seemingly be a hot commodity, but there will be so many other options, former Full Tilt players would likely wish to start new with a brand that hasn’t stolen money from them in the past, regardless of “new ownership.”

It’s been said before, “there may be hope after all” when it comes to players getting their money back, but it’s now been over a year, and most players have given up hope. Perhaps this twist in the story by GBT, undoubtedly scorned by the months of research, work, time, money, and negotiation processes only to be shafted, will actually offer some players the opportunity to retain their money. Still though, where does this leave the US players of Full Tilt, who will not be able to play at this new site, and would thus not be refunded their money according to the new deal?

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Written by Beatrix · Filed Under news ·  

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