Full Tilt Poker Sign Acquisition Agreement with Bernard Tapie Group

In a release sent out to pokerstrategy.com, the company says the French group, led by Bernard Tapie’s son Laurent, has now signed an exclusive agreement to acquire Full Tilt Poker and its associated assets. The agreement includes the repayment of all Full Tilt Poker player accounts around the world in full. It is, however, still subject to several conditions with the primary condition being a “favorable resolution” with the US Department of Justice

Breaking Down the AGCC Determination Report

Earlier in the day the Alderney Gambling Control Commission officially revoked FTP’s license, which turned the poker world on its head. Despite a Hail Mary attempt by Full Tilt Poker to acquire an investor, the AGCC decided that it simply couldn’t wait any longer to reach a verdict on the company.

The Fight: Money Seizures, Warrants, and the Latest on FTP

The news just keeps rolling in following the press release from the US Attorney’s Office that that Full Tilt Poker is a “ponzi scheme.”  Former Team Full Tilters spoke up, Tom Dwan took to the television circuit, and now the bank accounts of alleged Full Tilt board members Howard Lederer, Chris Ferugson, and Rafe Furst

Full Tilt, AGCC Make Statements in Advance of Hearing

In advance of the hearing, the AGCC and Full Tilt Poker released statements today addressing both Monday’s hearing and FTP’s financial future. The statement from the AGCC specifically addresses why the hearing will take place in private, despite the preference of AGCC Executive Director André Wilsenach

UB Poker Lays Off Entire Team of Sponsored Pros

The fallout from Black Friday just keeps getting worse for the Cereus Poker Network. Today the site announced it is letting go its roster of sponsored pros representing both UB and Absolute. A press release from Cereus’ parent company, Blanca Games, revealed that Joe Sebok, Prahlad Friedman, Eric Baldwin, Maria Ho, Brandon Cantu, Tiffany Michelle,

Absolute Poker Issues First Statement on Indictments

The Manhattan U.S.

Major Online Poker Sites Charged with Fraud, Illegal Gambling, Money Laundering

According to a press release from the U.S.

PokerListings and Cake Network Undertake Strategic Partnership

Curacao, Netherlands Antilles, March 24, 2011 – Cake Gaming NV announced today that it would be undertaking a strategic partnership with PokerListings. The partnership brings together two companies with extremely complimentary resources: PokerListings being the most comprehensive poker news, poker strategy and poker site comparison website in the world and the Cake Network, a popular global poker network with a number of strong consumer-facing poker brands

Ivey Headed to APT Macau

But Phil Ivey is hardly the average poker player.