After weeks of negotiation, Full Tilt Poker has been bought by Groupe Bernard Tapie. Together, the two companies will work towards refunding players from around the world and resuming the online poker website’s operations.
It has been long time coming, but things are finally beginning to improve for the once renowned online poker operator. After being implicated in the Black Friday scandal of April 2011, the website experienced several difficulties getting back onto its feet.
First, Full Tilt had trouble refunding its players. While Poker Stars and other sites implicated in the scandal had begun paying back their players, Full Tilt struggled. This led to the website having its licensed revoked by the Alderney Gaming Control Commission.
Now, Full Tilt Poker is looking at finally resuming its online operators with the help of Groupe Bernard Tapie. American players will be able to receive their long-awaited refunds while Australian poker players can look forward to resuming their activities at the popular online poker website.
With the local government currently considering revamping the Interactive Gambling Act and the legalizing online gambling, it is likely that online poker websites like Full Tilt will become regulated by the government.