Rumors from the past few days that PokerStars is taking over Full Tilt Poker are in fact true, industry insider blog Wicked Chops Poker claims. The $750 million prize tag is also reported to be correct.
The rumors surrounding PokerStars' potential buyout of Full Tilt Poker are in fact true, according to Wicked Chops Poker.
The site, which has delivered several updates from sources close to the matter on former occasions, last night published an article, in which it claims to be able to confirm that the deal is in fact done.
"We've been working with various sources to independently confirm PokerFuse's initial report of PokerStars buying Full Tilt Poker," the article reads.
"According to those aforementioned sources, the deal is in fact done. PokerStars is acquiring Full Tilt Poker. The $750M prize tag (which includes player balances and DoJ fines) initially reported on 2+2 and Poker Fuse is also accurate," it adds.
According to several reports from the past days, PokerStars' acquisition of Full Tilt Poker would mean for both sites to stay online simultaneously, and the immediate repayment of all player balances currently locked up on Full Tilt Poker.
These reports, however, have yet to be confirmed.
According to WCP, the last-minute outing of Groupe Bernard Tapie in favor of PokerStars has left the French investor group "shocked", and it will now remain to be seen what its next move will be, if any.
The group yesterday pulled its application for an AGCC Category 2 gambling license in collaboration with Full Tilt's Orinic subsidiary, and now seems to have outplayed its role with Full Tilt Poker completely.
Meanwhile, PokerStars has yet to issue an official statement on the matter, and has so far declined to comment on the case altogether.