Worrisome Article from Mondays UK Telegraph if you have funds on FTP

#1 25th April 2011, 8:38 AM

http://www.telegraph.co.uk/finance/n...o-turn-up.html

Full Tilt Poker show prize money fails to turn up

A television company has pulled out of a Full Tilt Poker-backed poker tournament after prize money failed to arrive, raising questions over the finances of the group embroiled in a US crackdown on internet gambling.

Presentable, which has been producing poker TV shows since 1999, stopped filming midway through an event in Cardiff after it failed to receive a wire transfer from Ireland – home of Poker Kings, the operator of Full Tilt.
The show featured celebrity poker players, including boxer Audley Harrison and writer Victoria Coren as well as Full Tilt-sponsored professionals, such as Erick Lindgren......

#2 25th April 2011, 8:48 AM

oh.... wait... let me get my shocked face on ...

*****************************

#3 25th April 2011, 1:22 PM

Anyone got a useful comment to make on this thread?

#4 25th April 2011, 2:37 PM

Why is this a surprise and how does it change anything for people with funds on FT?

#5 25th April 2011, 5:59 PM

Money is sorted and filming to resume in May

EDIT: Or not, wtf..definitely read that it was sorted but apparently it isn't!

#6 25th April 2011, 6:01 PM

apaz this has been sorted anyway, Pascal knows a guy playing in it

edit: welsh type quicker

#7 25th April 2011, 6:22 PM

Quote:

Originally Posted by dakota-xx

Why is this a surprise and how does it change anything for people with funds on FT?

Not sure anyone said it was a surprise. Think people were just looking for more info about this. I work in TV so can't see how production could have commenced without assurance of the prize money.

#8 25th April 2011, 6:29 PM

Quote:

Originally Posted by pokerman27

Not sure anyone said it was a surprise. Think people were just looking for more info about this. I work in TV so can't see how production could have commenced without assurance of the prize money.

Well don't have to use the word surprise to make it sound like you are surprised.

I am just saying should be expected that their could have been a delay with the payment given the circumstances - and from posts above it appears there is no problem.

Either way it has nothing to do with player's funds.

#9 25th April 2011, 6:35 PM

Dakota, could have sworn I heard that it was all sorted but apparently I was wrong, mate know's a guy who is going on it and sent him a message on Twitter - he says he hasn't heard anything from FTP yet...

#10 25th April 2011, 6:39 PM

Quote:

Originally Posted by dakota-xx

Well don't have to use the word surprise to make it sound like you are surprised.

I am just saying should be expected that their could have been a delay with the payment given the circumstances - and from posts above it appears there is no problem.

Either way it has nothing to do with player's funds.

I don't see any evidence of surprise in my posts. Just a request for any information.

#11 25th April 2011, 6:41 PM

Quote:

Originally Posted by Pascal LeFiscal

Dakota, could have sworn I heard that it was all sorted but apparently I was wrong, mate know's a guy who is going on it and sent him a message on Twitter - he says he hasn't heard anything from FTP yet...

The head of the production company has confirmed it is going ahead for this series at least.

#12 25th April 2011, 6:43 PM

It's not like FTP went out of business. They're still the second largest site out there and still raking in a bunch of money every day.

#13 25th April 2011, 6:45 PM

Quote:

Originally Posted by pokerman27

I don't see any evidence of surprise in my posts. Just a request for any information.

Wasn't talking about you - you didn't create the thread.

#14 26th April 2011, 1:50 AM

Quote:

Originally Posted by WEC

http://www.telegraph.co.uk/finance/n...o-turn-up.html

Full Tilt Poker show prize money fails to turn up

A television company has pulled out of a Full Tilt Poker-backed poker tournament after prize money failed to arrive, raising questions over the finances of the group embroiled in a US crackdown on internet gambling.

Presentable, which has been producing poker TV shows since 1999, stopped filming midway through an event in Cardiff after it failed to receive a wire transfer from Ireland – home of Poker Kings, the operator of Full Tilt.
The show featured celebrity poker players, including boxer Audley Harrison and writer Victoria Coren as well as Full Tilt-sponsored professionals, such as Erick Lindgren......

I would expect delays from FTP, considering their current business status. But most other reports and indications lean toward things getting flowing again for them somewhat soon. No increased worries, imo.

#15 26th April 2011, 5:09 AM

One possible explanation: the transfer didn't go through because Full Tilt has run out of money OMG the sky is falling.

Another much more likely explanation: Full Tilt, along with Stars, are reviewing / suspending their advertising spending until the mess is sorted out. OMG business people are making rational decisions and the sky is not falling.

#16 27th April 2011, 1:21 PM

http://forumserver.twoplustwo.com/29...ns-uk-1028382/

#17 27th April 2011, 1:50 PM

Quote:

Originally Posted by coolnout

It's not like FTP went out of business. They're still the second largest site out there and still raking in a bunch of money every day.

Hmm but they are probably having huge liquidity problems right now

#18 27th April 2011, 4:38 PM

Quote:

Originally Posted by Pascal LeFiscal

http://forumserver.twoplustwo.com/29...ns-uk-1028382/

From 2+2 poster

This happened over a week ago. It was the filming for The Poker Lounge. The money has now been paid and shooting has been rescheduled.

#19 28th April 2011, 11:00 PM

Knew I saw it somewhere:

FTPDoug Doug @

@Pokerati Looks like the taping (Poker Lounge) will be rescheduled for the last week of May.

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