AGCC suspends Full Tilt's licenses

[spiderlegz]

As much as AGCC is to blame they still have handled it better than KGC who still lets Cereus operate in addition to releasing some false statements.

How can it be "in the interests of all parties" where ONE of these parties, the players, have been TWICE excluded from the process.

Even if they manage to survive, do they REALLY believe that non-US players will flock to join such a SECRETIVE operator when there are others available that have not gotten themselves into such a mess. If they fail to survive, and players end up not getting paid, it will be the AGC that will lose credibilty among the player community.

Eventually, the minutes of these hearings will end up in the public domain, and judgement will be biased by the knowledge that any important facts that emerged were intended to remain hidden from the players.

You would be surprised.
The new owner/operator would have to provide serious proof that player funds are safe. Their software is easily the best and they have Rush in addition. Would probably almost instantly jump to second biggest site as the competition from others than PS is weak.
And dont forget that the majority of players dont have big rolls there and there would probably be some nice incentives for players.

But thats a huge "if".

[threescatters]

As much as AGCC is to blame they still have handled it better than KGC who still lets Cereus operate in addition to releasing some false statements.

Very true.

[vinylweatherman]

As much as AGCC is to blame they still have handled it better than KGC who still lets Cereus operate in addition to releasing some false statements.




You would be surprised.
The new owner/operator would have to provide serious proof that player funds are safe. Their software is easily the best and they have Rush in addition. Would probably almost instantly jump to second biggest site as the competition from others than PS is weak.
And dont forget that the majority of players dont have big rolls there and there would probably be some nice incentives for players.

But thats a huge "if".

This is to their advantage, but good software is no good if players don't feel their funds are safe. If the impression that "nothing has changed" emerges, the competition will see an opportunity to gain ground, perhaps by upgrading their own software to give players what they miss at FT.

If the old owners are seen to get off lightly and carry on as before, players are not going to feel as safe as they once did. It will need new ownership, new management, and a clear impression that the "old guard" who created this mess are gone for good. Players are also going to want to know what this secrecy was all about.

Given that this is dragging on so long, the competition are the ONLY outlet for players who want to play poker NOW! This is an opportunity for the competitors to impress these FT refugees so much that they never want to return to FT even when it is operating again.

[spiderlegz]

This is to their advantage, but good software is no good if players don't feel their funds are safe. If the impression that "nothing has changed" emerges, the competition will see an opportunity to gain ground, perhaps by upgrading their own software to give players what they miss at FT.

If the old owners are seen to get off lightly and carry on as before, players are not going to feel as safe as they once did. It will need new ownership, new management, and a clear impression that the "old guard" who created this mess are gone for good. Players are also going to want to know what this secrecy was all about.

Given that this is dragging on so long, the competition are the ONLY outlet for players who want to play poker NOW! This is an opportunity for the competitors to impress these FT refugees so much that they never want to return to FT even when it is operating again.

Thats why I wrote that the new operator would have to present proof that player funds are safe. The old owners and execs arent going to be involved in the new company if that scenario becomes reality.

Upgrading the software isnt done in a whimp and certainly isnt cheap, ask Betfair. The competitors havent gained much of any traffic increase other than the short spike in traffic after BF. Most have now lost it back to PS.
The "eurosites" (excluding PS) are so far behind in software and have low traffic that the only site that ever could compete with the "new" FTP (big if again) for the second spot is Party when they get the Bwin player pool (pretty much half of Ongame and the majority of the fish).

The big network (big as in amount of skins) model is not working hence why Party is the only serious competitor in the long run IMO.

[jetset]

Independent report on the manner in which Alderney Gaming Control Commission handled the Full Tilt Poker debacle here:

http://www.gamblingcontrol.org/userf...rch%202012.pdf