We know of a number of Full Tilt Poker affiliates owed $10,000′s and a number owed more than $100,000 by the old Full Tilt Poker. Which brings up a very important point and discussion.
Will PokerStars be paying money owed to old Full Tilt Poker affiliates? Will old Full Tilt Poker affiliates have to claim against the former owners Pocket Kings or will PokerStars also be liable for those missing or stuck funds? Do old Full Tilt Poker affiliates count as player funds or creditors?
As everyone seems to believe that PokerStars have bought Full Tilt Poker out of the kindness, goodness and love of the game of poker and its players then PokerStrategy and other affiliates should have nothing to worry about. If poker affiliates can not resolve their non payment issues with the old Full Tilt Poker owners then PokerStars will step in and guarantee the payments?
Or is this just a necessary legal step by PokerStrategy to find out where they stand or get the payment ball rolling as their legal agreement with the pld Full Tilt Poker may be something very different to normal FT affiliate deals. We shall find out as more information becomes available from PokerStrategy and PokerStars.
PokerStrategy CEO Domink Kofert told eGamingReview that the company had purposely waited until after the PokerStars deal to acquire FTP’s assets had successfully concluded so as not to be seen as impeding the ability of FTP’s former players to recover their missing deposits.
Case relates to marketing agreement between power affiliate and Full Tilt subsidiary – suit brought against Pocket Kings directly, rather than PokerStars, despite last week’s DoJ agreement.