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Former Fulltilt Poker Affiliates Not Getting Paid

Pokerstars takeover agreement did not include the old company's affiliate obligations
Former marketing affiliates of the old Full Tilt Poker group who were left unpaid when the company failed in the wake of Black Friday received bad news Tuesday, when new owner Pokerstars advised that it will not be paying them out, and player accounts linked to former affiliate accounts will not be tracked.
Affiliates who were also players will apparently find any affiliate earnings in their player accounts cut out to boot.
In an email that is currently being widely discussed by disgruntled affiliates on websites and Twitter, Pokerstars parent The Rational Group explained that the old affiliate relationships will not be continued, instead being replaced by a new affiliate program that puts Pokerstars and FTP on the same page, planned for implementation in the first quarter of 2013. Affiliates will be invited to join the new program.
The email explained that the Pokerstars acquisition deal on FTP “did not assume any liabilities” of FTP beyond the obligation to reimburse non-US players.
“Therefore, previous contractual agreements that Full Tilt Poker may have had with affiliates were excluded. As such, The Rational Group is not liable and will not pay for any affiliate earnings,” the email advised.
The amounts owed to 'old' affiliates are not known, but could run to substantial numbers. One online poker information site reminded its readers that earlier this year major affiliate Poker filed a claim against the old FTP parent group Pocket Kings for $1.2 million

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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