Full Tilt Poker Agrees to Transfer Assets to U.S. Department of Justice

Full Tilt Poker (FTP) has agreed to transfer all its assets to the U.S. Department of Justice. The U.S. Department of Justice will accept the assets and sell them to Bernard Tapie Group (GBT) for $80,000,000. The Bernard Tapie Group will own at least a majority stake in the company, and none of the current board members of FTP will be able to own shares.

The list of U.S. players is part of the assets, but GBT does not plan to use it for any other purpose except to help the U.S. Department of Justice confirm compensation payments. Laurent Tapie, son of Bernard Tapie, personally visited the Dublin office to support employees and discuss future plans.

This agreement marks a significant step in the restructuring of FTP, with the Bernard Tapie Group taking control and aiming to revive the poker platform under new management and conditions.