The collapse of Full Tilt Poker has plunged the online poker gaming community in general and players who had accounts at Full Tilt Poker in particular in gloom. Full Tilt Poker players who are still hopeful of getting back poker funds locked up within their Full Tilt Poker accounts were delighted when news that Full Tilt Poker is negotiating with potential investors who might provide the required capital to pull it back on its feet began appearing on poker news portals. This positive news made players feel that the days are not far off when Full Tilt Poker will re-establish contact with its online poker players and refund them.
However, PokerNews published a news report last night based on an exclusive press statement from Full Tilt Poker’s parent company Pocket Kings Ltd., raising a number of queries in the minds of online poker players. According to this press statement, Full Tilt Poker had just concluded negotiations with one potential investor last week and is now on the verge of considering other potential investors.
The release further stated: “While Pocket Kings Ltd. plans to continue discussions with its current investor; the company has now begun negotiations with additional potential investors to conclude the sale/partnership of the Full Tilt Poker brand and its assets.” Poker customers quickly interpreted this as a negative sign and wanted to know why Full Tilt Poker has not come to an agreement with any of its potential investors.
Having lost its licenses to provide online poker services recently, Full Tilt Poker has lost all its previous glory. The online poker giant upset its US poker customers by failing to refund them even when PokerStars immediately refunded all its US poker players after the events of Black Friday. Once Full Tilt Poker’s licenses were suspended, even non US players could not access their accounts. Besides, Full Tilt Poker players have also criticized the online poker company of its inability to maintain communication with its customers and to answer their queries in a satisfactory manner.
Pocket Kings Ltd. has made an attempt to reassure its customers in its press release by stating: “To the extent that it can do so without jeopardizing future opportunities, Full Tilt Poker will strive to have better communication with its customers going forward. Full Tilt Poker’s number one priority remains the same: to secure an infusion of capital to repay all of its worldwide customers.”