So, the rumor is that PokerStars is planning to buy the
assets of Full Tilt Poker for about $70 million or so, and much of that $$$ is
to go to repayment for the ex-players. The
rumor is not being confirmed in a way that makes many think it’s true, but that’s
not the purpose of this post.
Is this a good thing?
For the world’s largest poker site to buy what used to be the
second-largest? For PS, yes, a good
thing….talk about killing the competition!
Of course, it still doesn’t get them into the door in the USA…or does
it?
Here’s the PokerStarsBlog, Corporate Division, in the form
of Eric Hollreiser, Head of
Corporate Communications for PokerStars
We've had a lot of enquiries and there's
lots of speculation on the forums, so I wanted to address the PokerStars
chatter. As you know, PokerStars is in settlement discussions with the U.S.
Department of Justice. As such settlement discussions are always confidential,
we are unable to comment on rumors.
Wait…the rumor is about you buying FT. What does the DOJ have to do with it?
Ohhhhhh…of course…the repayment for the ex-players! If PokerStars “makes nice” and gets the money
back in the hands of US players from Full Tilt (which would not have happened
in the first place if the DOJ had let Black Friday come and go), they just
might, JUST MIGHT, get back in good graces with the USA government, and, if the
USA government ever gets off its ass and re-legalizes online poker, guess who
stands a good chance of getting some sort of foot in that door?
So now it does make some sense, and yes, I see it as a good
thing, as I have been a long-time PokerStars fan and player. Remember, I’m a small-stakes guy, so it’s bit
for the SuperNova status or any of that payback crap. Best software, great customer service…and oh
yeah, THEY paid their US players off after Black Friday.
So let’s hope the rumors are true, and, for my support, they
can make me a PS small-stakes pro when the time comes.
Soon?
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