Update: Full Tilt Closes Deal with DoJ, Confirms Groupe Bernard Tapie

A ray of hope for Full Tilt players

After many reports about the supposed agreement between Full Tilt Poker and the US Department of Justice, a confirmation arrived from Groupe Bernard Tapie (GBT) that the agreement has actually been reached, and that it will lead to the reimbursement of Full Tilt Poker players and clear the way for the group to finalize the acquisition of Full Tilt.

According to Laurent Tapie, the deal reached so far is an agreement in principle – a final agreement will be drafted by the end of the week and signed in the next 15 days.

Based on the deal, Groupe Bernard Tapie will reimburse all non-U.S. Full Tilt customers, whereas the U.S. customers will be reimbursed by the DOJ.

In conclusion, Tapie specified: "The payment terms are defined. We will draft an agreement by the end of the week and should sign it within the next 15 days, and we will issue a statement shortly after that will provide more information."

Gambling Law & Society News General Poker News