Update: Speculations on Identity of Investor Interested in FTP…

… and on the outcome of the AGCC hearing Another set of rumors and speculations emerged on Sept. 23, with more detail about the case of Full Tilt Poker, their negotiations with a potential investor, and the hearing on its license with the Alderney Gaming Control Commission. This time, probably the most important rumor is that the investor interested in the purchase of the beleaguered company is Frenchman Laurent Tapie, son of Bernard Tapie, a businessman who has specialised in the recovery of bankrupted companies, including Adidas. As for the AGCC hearing, reports came that the permanent revocation of FTP's license is close at hand, even though there were speculations earlier that FTP would actually get another 30 days from the commission to finalize negotiations with interested parties. And back in Ireland, at the seat of FTP parent Pocket Kings, employees of the beleaguered company are reportedly utterly discouraged, " set to lose their jobs and many of them surf the web for clues about what will happen next." In terms of the donations received by FTP, the United States Congressman Barney Frank stated that he is more than willing to put his "donations from Lederer, Furst and Ferguson into a special account and donate it to a fund for victims if the Justice Department sets one up....and if the defendants are found guilty."
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