Pokerstars Has Apparently Started Trying To Collect on Outstanding Player Loans

Published on September 23rd, 2012 12:09 am EST

Full Tilt Poker becomes Pokerstars - Illustration1. Collection Time. Part of Pokerstars' deal with the US Department of Justice called for the transferring of Full Tilt Poker's assets to Pokerstars.

This included all intellectual property, all tangible property and "monies owed on date of forfeiture or later", amongst other things.

It's been widely reported that there is millions of dollars in outstanding loans to Full Tilt Poker that have yet to be paid back. Erick Lindgren, David Oppenheim and Phil Ivey are a few of the players who reportedly owe large sums of money to Full Tilt Poker.

As part of the agreement with the DoJ, this money is now owed to Pokerstars, as they are the new owners of the Full Tilt assets.

According to poker player agent Brian Balsbaugh, Pokerstars has started the collection process:

"If you are a poker player who owes money to the Bank of @FullTiltPoker Slush Fund, the email you've been dreading is probably in your inbox."

2. Full Tilt Poker Equipment Moved To Isle of Man.

Pokerstars hired a privately chartered Hercules Aircraft to transport 30 tons (literally) of Full Tilt Poker computer equipment over to the Isle of Man.

You can see a video of the transport here.

3. Final "Lederer Files" Clip Released.

The final part (part 7) of the Howard Lederer interview has been released by You can view the clip below:


Filed Under: Poker Scandals

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