Tom “durrrr” Dwan is one of the best-known players of nosesbleed-stakes poker and the newest member of Team Full Tilt. On April 16th, his friend Phil Galfond decided to guarantee $1 million of Stars and Full Tilt payouts to players, and Dwan decided to match it. Dwan has since raised this to the amount that he earned in sponsorship money from Full Tilt Poker, an amount that he says is higher than $1 million.
He had otherwise been relatively quiet about Full Tilt until the DOJ amended their civil complaint on Tuesday to include requests for damages from Howard Lederer, Chris Ferguson, and Rafe Furst and provide much more information about why Full Tilt has so far failed to repay players. Now, he says that he is freed from an NDA and able to talk freely.
Before starting this interview, Dwan asked me to ask him probing questions. He explained that, though he would not answer every question, he wanted to be as candid as possible and was comfortable refusing to answer when he felt it was necessary.
Three questions came up that, for reasons explained in the interview, Dwan was not comfortable answering extemporaneously at the time:
- What factors does he think led to Full Tilt being insolvent? Specifically, are the player deposit shortfall and the Black Friday seizures the only causes of insolvency?
- What plausible reasons has he heard that explain why Ray Bitar is still CEO of the company in spite of the problems that the company has experienced during his tenure?
- What reasons does he believe that Phil Ivey had for filing his lawsuit?
Dwan has agreed to answer all three of these questions in writing, and we are waiting for his reply.