This just came in and we are still searching for more news – various sources reported on Tuesday, April 24th, that PokerStars bought Full Tilt Poker for an estimated $750 million. According to the reports, PokerStars had also reached an agreement with the United States Department of Justice and the deal should result in Full Tilt players being refunded 100 percent.
You can also check out the thread on TwoPlusTwo.
Poker Fuse says the deal is official.
Full Tilt in Motion
Please note, the following was reported a few days ago, and was already included in our report before the news broke that PokerStars had purchased Full Tilt Poker. We feel it is an important part of Full Tilt Poker's chaotic history and therefore included in The Inside Shuffle for those who want to stay informed of all developments.
Full Tilt Poker's comeback to the online poker scene seems to be getting closer with each day. Although neither of FT or Group Bernard Tapie (GBT) officials have made comments on the issue, various facts of ongoing efforts to bring Full Tilt back on track still get out in the open making poker players wonder when and how it's going to happen. The latest news indicates GBT establishing new entities carrying Full Tilt's name, FT's subsidiary Pocket Kings hiring new staff to help with the customer service and another satellite company, Orinic Limited applying for Category 2 online gambling license through the Alderney Gaming Control Commission (AGCC).
According to recent reports, the GBT Managing Director Laurent Tapie became director and secretary for New Full Tilt Limited which was founded on February 14, 2012. Another executive of the new company is Prosper Jerémy Masquelier who was named second director in March. Masquelier has significant experience in the poker market – he co-founded the International Stadium Poker Tour (ISPT), started the first French TV broadcast dedicated to poker and was head of Partouche Interactive which is a part of the Partouche Group.
Although the GBT seemed to be in control, the group is strictly following its silence policy. “I wish I could. Sorry. Nothing I can say,” was GBT lawyer Behnam Dayani's response when PokerNews reach out for his comment.
Read more on PokerNews.
Full Tilt to Introduce LossBack?
More Full Tilt news – PokerQ4.com published multiple posts about Full Tilt Poker last week with some rather interesting announcements. One claimed that once the new FT is launched, the site will offer ‘lossback’ instead of rakeback. Lossback is a way to help recreational players instead of grinders. If the player makes a deposit and then ends up losing their money, the poker site (in this case Full Tilt), would pay some of that money back depending on the amount of hands the user played.
You can find out more about this possible new FT feature on PokerQ4.
Also check out players' feedback on TwoPlusTwo forums, including doubts about the credibility of the information source.
Poker Table Ratings Changes Course
Last week Poker Table Ratings (PTR) released a statement regarding PokerStars' cease and desist order. The world's largest online poker site demanded that PTR stop violating PokerStars' terms of service which prohibit collecting and sharing user-sensitive data. After receiving the notice, PTR published a blog post saying that the site “will fully comply with PokerStars' cease and desist order by removing the profiles and statistics of all players on the site.”
However, the loss of their biggest data source didn't seem to break PTR's spirit. The site executives made another announcement claiming they feel no guilt about mining player data from poker sites, but since they are not allowed to do so anymore, they will make the necessary changes and provide their users with new features. The announcement doesn't say what the new features will be, however, it promises that they will appear in the near future.
“Though we’re not quite ready to unveil this new feature to the public yet, the recent action taken by Stars has forced us to kick this project into high gear. PTR members will already be noticing positive changes to our product offerings and will see more over the coming weeks,” said PTR in the statement.
Go to Poker Table Ratings for the full announcement.
ElkY Wins EPT Berlin High Roller
While Davidi Kitai was enjoying his success of scoring the Triple Crown, another European poker pro, Bertrand “ElkY” Grospellier, celebrated his third big win as well. On Sunday, Grospellier finished in the pole position of the 57-player field and collected the third EPT High Roller title in his career.
Viktor “Isildur1” Blom, Tobias Renkemeier, David Peters, Marvin Rettenmaier and Chris Moorman were among the last eight players in the €10,000 buy-in event, but none of them were able to outlast ElkY. Moorman was close to beating Grospellier as he was up by 2-to-1 in chips before the heads-up session began but ElkY bested his opponent in three crucial all-in hands and went home with the win and a €231,000 cash prize.
2012 PokerStars.com EPT Berlin High Roller Results
|1||Bertrand “ElkY” Grospellier||€231,000|
|7||Viktor “Isildur1” Blom||€29,700|
Head to the PokerStars Blog for more EPT Berlin coverage.
€100K EPT Grand Final Super High Roller Underway
And talking about High Rollers – one is taking place right now at the Monte-Carlo Casino. The €100,000 buy-in European Poker Tour Grand Final Super High Roller is currently running in Monaco and Justin Bonomo leads the field of remaining 16 players with a little more than 1.5 million in chips. He is followed by Patrik Antonius with 1.25 million and Tobias Reinkemeier holding 1.1 million chips.
These are the chip counts at press time:
|8||Bertrand “ElkY” Grospellier||687,000|
Before the start of the event PokerNews' Lynn Gilmartin caught up with some of the pros to ask them how they prepared for the big event and how long it took them to decide whether to enter the €100,000 buy-in event.
Slots Producers Getting Ready for the Online Market
With the number of U.S. states considering online gaming legislation constantly increasing, (some states are already deep in the process of legalizing internet poker and gambling), the slots and other casino equipment manufacturers are also taking steps to keep up with the changing business. Many providers expect to continue their relations with the casinos when the online slots and other gambling activities are introduced.
Industry leader IGT had already purchased one of the biggest social gaming companies, Double Down Interactive, the developer of Facebook's Double Down Casino. However, IGT officials declared that the purchase had nothing to do with their plans to enter the online market and will serve as the means to introduce their services to a new audience.
Find out more about slot companies entering the online market at the LasVegasReview-Journal.com
Planet Hollywood and Bally’s to Host WSOP Satellites
If you don't have your ticket to this year's World Series of Poker yet, or don't have enough cash to buy one – don't worry, there are still plenty of ways to get one for just a couple of bucks. The WSOP announced satellite tournaments are taking place next month at Planet Hollywood and Ballys on a weekly basis.
Every Thursday at 8pm and every Friday at noon, Planet Hollywood will host $60 buy-in satellites rewarding $600 tickets to The Big One for One Drop $25k WSOP Satellite Tournament or to the 2012 WSOP Employees Event – the ticket winners will be free to choose between the two prizes. Ballys will be giving away WSOP tickets as well – every Wednesday night at 8pm $75 buy-in satellites will take place rewarding $1,100 packages to a $1,000 buy-in WSOP bracelet event.
“We're excited to offer this opportunity for players to satellite into the 2012 World Series of Poker,” said Bally's Specialty Games Manager, Frank Kunovic III.
Check out complete satellite schedules and tournament structure on WSOP.com
Vegas in Motion
Las Vegas – the gambling capital of the world and home to the biggest poker games and events, including the World Series of Poker.
The Las Vegas Review-Journal made this amazing time lapse video of Las Vegas consisting of 17,887 still pictures taken between April, 2009 and May 2010. In this video you can see Vegas' everyday life featuring massive sports and entertainment events as well as impressive desert scenery combined with the city's never-ending movement.
Please follow the link to enjoy Vegas in Motion!