A lot of anger has been triggered among online casinos players waiting for their funds to be paid out ever since the news broke out that Full Tilt Poker is once again seeking potential investors.
The owner of the Full Tilt Brand, Pocket Kings released a statement to the effect that Full Tilt Poker moniker has concluded the exclusivity period of negotiations with their current potential investor. Although Pocket Kings Ltd. hopes to continue discussions with its current investor, the company has begun negotiations with other potential investors to conclude the sale or partnership of the Full Tilt Poker brand and its assets.
Online poker and online casinos players waiting for their funds were even more infuriated when Jeff Ifrah, an attorney acting for Full Tilt, requested that the Alderney Gambling Control Commission hearing that was scheduled for 15th September be postponed yet again.
Full Tilt Poker turned up at an Alderney Gambling Control Commission hearing on 26th July, 2011 and demanded that the public hearing be taken behind closed doors and also insisted that the hearing be postponed until 15th September as it did not want to jeopardize negotiations that it claimed were in full force.
The anonymous European investors could possibly have been put off by the Department of Justice’s impending lawsuit as well as two other private collective lawsuits and the fact that online casinos currently owes $1.5 million to many frustrated online poker players.
Meanwhile, due to the fact that many have lost hope for Full Tilt Poker, brands such as William Hill Poker have seen huge increases in European poker players.