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Showing posts with label Jack Binion. Show all posts
Showing posts with label Jack Binion. Show all posts

Wednesday, June 29, 2011

Scott Matusow Predicts Full Tilt Will Return… To the US… No, I’m no Drunk, Why Do You Ask?

The Lynchpin will be Jack Binion buying out Ray Bitar’s Stake and getting Bitar out of the company.

From www.scottmatusow.com

As most of you know, FTP had their europe license pretty much suspended until a hearing set for July 26th can clear this issue up. However, Jack Binion has expressed a real interest in coming in and buying out Ray Bitar’s shares of FTP. The Gaming license has been primarily suspended because of Ray’s pending indictment. Take note as well, Ivey has withdrawn his statement from his website concerning his pending lawsuit against FTP. I have heard Jack wants to bring FTP back to The USA market, and if he steps in, that will happen once the pending regulation legislation is passed in Congress.
Sources tell me that it will pass, and as well, the bills will be amended to allow credit card deposits. This equates to FTP paying all of The USA customers and entering back into the USA Market. Remember, the indictments are not against FTP, but against Ray and the other guy there (forget his name atm). Once they are gone, FTP is “clean”. There is more I cannot say at this time. I would like to, but know this; You all will get paid, and Jack Binion will likey buy the controlling interest of FTP to make this happen.

Monday, June 27, 2011

Subject: Poker is reporting that Jack Binion is Considering Investment in Full Tilt Poker

Phil Ivey lurks around the deal in Ireland and if it goes through us players could get their money soon.

2004_binionSubject: Poker says that several sources have report that Jack Binion and Full Tilt Poker are in the final stages of talks whereby Binion would make a sizeable investment in Full Tilt.  The money provided by Binion would initially be put towards paying US player’s balances. 

Obviously for US players who have balances on Full Tilt this is great news.  As one of those players I can say that so far Full Tilt hasn’t even correctly reported the amount they owe me (much less provided any information on when they might pay it to me) so if this gets the ball rolling that’s a good thing.

I’ll definitely be keeping my eye on this story…