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

[WEC]

http://www.telegraph.co.uk/finance/...-Poker-show-prize-money-fails-to-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......

 

[nevadanick]

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

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

 

[pokerman27]

Anyone got a useful comment to make on this thread?

 

[Debi]

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

 

[Pascal-lf]

Money is sorted and filming to resume in May

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

 

[Jurn8]

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

edit: welsh type quicker

 

[pokerman27]

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.

 

[Debi]

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.

 

[Pascal-lf]

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...

 

[pokerman27]

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.

 

[pokerman27]

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.

 

[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.

 

[Debi]

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.

 

[Stick66]

http://www.telegraph.co.uk/finance/...-Poker-show-prize-money-fails-to-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.

 

[OzExorcist]

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.

 

[Pascal-lf]

http://forumserver.twoplustwo.com/2...oes-not-pay-tournament-pro-buyins-uk-1028382/

 

[onemorechance]

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

 

[WEC]

http://forumserver.twoplustwo.com/2...oes-not-pay-tournament-pro-buyins-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.

 

[Pascal-lf]

Knew I saw it somewhere:

FTPDoug Doug @



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