Attention Players: Full Tilt Poker Is Sorry

Attention Players: Full Tilt Poker Is SorryMeanwhile, no progress in selling the poker site.

By Daniel O | Sep 04, 2011

First was Black Friday - the US crackdown on online poker rooms, including Full Tilt. Then followed the suspension of the operating license by Alderney. A public hearing that closed its doors. Rumors of interested investors. Renewed CPA license. A hefty payment to the license authority. And now, finally, an apology.

Too little, too late?

Pocket Kings Ltd., the operator behind Full Tilt Poker, has released an announcement in which it updated players on the status of negotiations with unnamed potential investors, and which also included an apology, of sorts.

No deal


Full Tilt has revealed at least six potential investors (other operators, hedge funds, and individual investors) have shown interest in purchasing the poker brand, but no agreement was reached.

Pocket Kings will continue negotiations with additional potential investors, the announcements said.

An apology


And there were also these words in the statement: "FullTiltPoker.com apologises for its lack of communication with its customers over the last month and a half."

Not bad. There was more: "But [Full Tilt Poker] has been grappling with unexpected and complex legal and financial issues arising from 'Black Friday' and its aftermath."

It is clear that the poker site's top priority is vis a vis license authorities and its potential investors. Why must its customers come third?
 
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