PokerStars’ acquisition of Full Tilt Poker is great news for ex Full Tilt Poker players who are eagerly waiting for a refund, but the acquisition is not going to benefit everybody.

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The company that is going to benefit the most is obviously PokerStars. Ever since the  US federal government passed the Unlawful Internet Gambling Enforcement Act in 2006, PokerStars has been the largest online poker room in the world. Since it is now the sole owner of popular brands such as Rush Poker, Zoom Poker, FTOPS, SCOOP, and WCOOP, the sum of $731 million, which it is going to pay to acquire Full Tilt Poker, is very small indeed.

Players who can gain access to Full Tilt Poker once PokerStars re-launches it can move funds between their PokerStars and Full Tilt Poker accounts, which means that players can access double the number of ring games, Sit ‘N’ Go’s, and multi table tournaments with just one bankroll.

Since information regarding the poker income of ex Full Tilt Poker players is now pulled into the open, part of it will be paid as taxes to respective governments and the rest will be refunded to players. This means a slight boost in revenue for the governments of those countries in which Full Tilt Poker operated.

Meanwhile, Bwin.party Digital Entertainment Plc is worried. The company had voluntarily withdrawn from the US online poker market before the country passed UIGEA. It had also paid fines of $105 million in exchange for which the US government had agreed not to prosecute it. Bwin.party had also made an unsuccessful attempt to acquire Full Tilt Poker. Ever since news of a settlement agreement deal broke, Bwin.party’s shares have been declining in value.

According to the customer care service at Full Tilt Poker, “Additional security measures will be put in place to authenticate and validate all accounts. Access to current and previous Full Tilt Poker accounts will only be provided to the owner of the account. This has been so as of June 29th, 2011. We would also like to point out that we will not be responsible for any account transfers, account ownership changes, or for changes to any account details since the above-mentioned date.”

Besides, Full Tilt Poker will not be available to players from all countries, and players in these countries will not be able to gain access to their Full Tilt Poker accounts and withdraw their funds.

Tight Poker Staff

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Tight Poker Staff

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For nearly two decades, we’ve provided the best in class for poker site reviews, top online poker bonuses, strategy tips, poker news, and exclusive free poker content.  Consisting of a team of poker and gambling experts, we deliver the best online poker brand experience for players of all levels, from the fish to the sharks.
For nearly two decades, we’ve provided the best in class for poker site reviews, top online poker bonuses, strategy tips, poker news, and exclusive free poker content.  Consisting of a team of poker and gambling experts, we deliver the best online poker brand experience for players of all levels, from the fish to the sharks.