The Alderney Gambling Control Commission (AGCC) suspended both the licenses issued to Full Tilt Poker while it investigates Full Tilt’s financial condition. However, gaming industry investors are interesting in reviving this online poker giant, according to a report that was recently published in Canadian-poker.ca.
Full Tilt Poker’s licenses will remain suspended till AGCC conducts an investigation into the online poker company’s financial situation, despite which certain unknown investors are interested in the idea of reviving the poker giant and launching a new online poker brand for the European market. Leon Daniels, the spokesperson for Canadian-poker.ca, said that investors interested in reviving Full Tilt Poker can get a complete database of its online poker players because this database, which is slightly smaller than PokerStars’ player database, can greatly enhance the online poker site’s value once the US online poker industry is regulated.
Further explaining the matter, Leon said that a number of big names associated with the online poker industry can dominate the US online poker market once the federal government regulates the industry. Public companies such as PartyGaming or 888 could make a wise move repaying a debt of $150 million in exchange for this database because it may increase the value of stock in case the US federal government legalizes, regulates, and taxes the online poker industry.
Daniels said that 888 Poker, which has become immensely popular among Canadian online poker players after the federal crackdown on PokerStars, Full Tilt Poker, and Absolute Poker, is in an ideal position to make such a move. He said that the statistics at Canadian-poker.ca show that the number of players flocking to 888 Poker is on the rise because online poker players are looking for trustworthy online poker sites. He also expressed hopes that US players will ultimately follow Canadian players.
Daniels also feels that Party Poker is another excellent public gaming company to invest in Full Tilt Poker because it is the world’s largest public company. Moreover, Party Poker has recently joined BWIN Poker, which means that the company is in a very good position to dominate the online gaming industry.
However, no investor has confirmed to the poker media that they are going to invest in the online poker giant. Recently, the AGCC had a hearing behind closed doors, during which many financial facts about Full Tilt Poker were revealed, making new investors wonder about the wisdom of investing in Full Tilt Poker.