Phil Ivey Releases Statement

June 1, 2011 - 2:33 AM EDT
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Full Tilt Poker

Team Full Tilt member Phil Ivey, widely believed to own a large portion of the poker site, released the following statement on his personal website and his facebook fan page on Tuesday: For many years, I have been proud to call myself a poker player. This great sport has taken me to places I only imagined going and I have been blessed with much success. It is therefore with deep regret that I believe I am compelled to release the following statement. I am deeply disappointed and embarrassed that Full Tilt players have not been paid money they are owed. I am equally embarrassed that as a result many players cannot compete in tournaments and have suffered economic harm. I am not playing in the World Series of Poker as I...

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DOJ: NO FTP Funds Released

May 31, 2011 - 7:00 PM EDT
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DOJ: NO FTP Funds Released

The Public Information Office of the US Attorney's Office has informed Subject: Poker that NO deal has been struck with Full Tilt Poker to release or unfreeze any funds. eGaming Review Magazine reported Friday that an Irish bank account containing "more than a third of the US$100m to $150m still owed to US players" had been released to FTP. They cited an unnamed FTP source as having provided the information. The false story was widely...

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Victory Poker to Move All Players to Cake Poker

May 31, 2011 - 2:20 PM EDT
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Victory Poker to Move All Players to Cake Poker

Victory Poker players received an email from Cake Poker this morning saying their account would be upgraded to a Cake Poker account on June 1st. All rewards, gold cards, gold chips and tournament tickets will be transferred over to players' new Cake Poker accounts. Considering that Cake was already handling the software, cashier and customer support, it is unlikely that much will change for Victory Poker players. We asked the CEO, Dan Fleyshman, for comment....

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Full Tilt’s May 30th Update

May 31, 2011 - 12:32 AM EDT
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Full Tilt’s May 30th Update

Full Tilt Poker spokesman FTPDoug posted an official update on the status of its American players Monday. The statement, posted on the Two Plus Two Forums, did not say when Full Tilt's US players would receive their money, which has been in limbo since the April 15th indictment. Instead, it said only "We still do not have a specific timeframe for this. There has been, and remains, no bigger priority than getting US players...

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Black Friday Plea Bargain

May 25, 2011 - 4:52 PM EDT
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Black Friday Plea Bargain

On May 23rd, Subject: Poker reported that American citizen Bradley Franzen had plead guilty to various charges related to the Black Friday indictments. We now have obtained the full plea agreement between Franzen and the United States Attorney for the Southern District of New York. The plea bargain requires Franzen to "truthfully and completely disclose all information with respect to the activities of himself and others concerning all matters about which this Office [the US...

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QuickTender Shuts Down

May 25, 2011 - 4:06 PM EDT
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QuickTender Shuts Down

The e-wallet QuickTender shut its doors today after weeks of uncertainty. QuickTender, which also operates under the name UseMyWallet, informed its customers this morning by e-mail: Dear _____ Since our last email communication where we advised any funds in your QuickTender account could still be used to purchase at QuickTender accepting sites we had been working hard to reinstate our withdrawal facility and ensuring your funds where safe and secure. However, further developments specifically relating to our main...

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Merge Refusing New Players from Some States

May 24, 2011 - 8:10 PM EDT
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Merge Refusing New Players from Some States

We continue to see possible fallout from the new indictments handed down yesterday as the Merge Poker Network has decided to stop accepting new customers from Washington D.C., Louisiana, Missouri, and Maryland. They have also reiterated their continued desire to not accept new customers from the state of New York. Some of these states should come as no surprise, as many of them have been hostile towards online gambling. In particular, Maryland participated in...

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