Online Poker

Full Tilt Poker - Investors’ Potential Dream

by Jeremy

It’s been weeks now since word first broke of mysterious European investors who wanted to buy Full Tilt Poker, and many people have written the possible deal off. But this deal possibly being dead, there are some who think Full Tilt Poker is still an investors’ dream - even if the Alderney Gaming Control Commission (AGCC) has suspended their license.

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Those who wanted some advancement in the AGCC/Full Tilt situation were disappointed when a recent open meeting between the two sides resulted in very little, and a further meeting was scheduled for September 15th. In any case, even if Full Tilt Poker doesn’t look to be getting their license back any time soon, TightPoker believes that the former second largest online poker site could be a “goldmine” for investors. They wrote the following about the subject:

Leon Daniels, the spokesperson for Canadian-poker.ca, said that investors interested in reviving Full Tilt Poker can get a complete database of its online poker players because this database, which is slightly smaller than PokerStars’ player database, can greatly enhance the online poker site’s value once the US online poker industry is regulated.

Further explaining the matter, Leon said that a number of big names associated with the online poker industry can dominate the US online poker market once the federal government regulates the industry. Public companies such as PartyGaming or 888 could make a wise move repaying a debt of $150 million in exchange for this database because it may increase the value of stock in case the US federal government legalizes, regulates, and taxes the online poker industry.

 
Obviously it would be huge news if a major poker site like Party Poker or 888 Poker bought Full Tilt’s database, it would be huge news. And it could push one of these sites close to PokerStars, which is far and away the biggest poker room out there in terms of traffic.

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