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Pokerstrategy Wins Lawsuit Vs Fulltilt Poker

Tuesday February 12,2013 : POKERSTRATEGY VICTORIOUS IN LITIGATION WITH POCKET KINGS
 
Full Tilt's parent group was sued for $1.2 million
 
Pocket Kings, the parent group and former owner of Full Tilt Poker, has lost a case filed by affiliate partner Pokerstrategy and worth $1.2 million.
 
Following a decision in its favour by the Irish High Court, Pokerstraegy owner Dominik Kofert is now reportedly negotiating with Pocket Kings liquidators to secure payment.
 
The litigation has its roots in a marketing agreement between Pokerstrategy and Pocket Kings which was finalised prior to the Black Friday shut down and temporary ruination of the online poker operator .
 
Full Tilt was subsequently acquired by rival Pokerstars after complex negotiations with the US Department of Justice.
 
In August 2011 Pokerstrategy started legal proceedings, with Kofert commenting that he had awaited the completion of the DoJ - Pokerstars talks before moving on his claim to remuneration for the 30,000 players a month he claimed his site was sending to FTP pre-Black Friday.
 
Back then, Kofert told readers of the PocketFives information site:
 
"Full Tilt Poker has a marketing agreement with us, under which there is – among other continuing obligations – an outstanding invoice of approximately $1.2m. This has been outstanding since Full Tilt Poker was forced to suspend operations in June 2011 due to the revocation of its licence [by the Alderney licensing authorities - ed].
 
"Despite the large sum of money involved, we were careful to file the claim only after the rescue of Full Tilt Poker was completed as it was of the utmost importance that this claim would not jeopardise any potential deal, player bankrolls or the resurrection of Full Tilt Poker.
 
"Thus, our claim has nothing to do with players getting repaid or not. That the players get repaid is a done deal and we deliberately waited with our claim until it was done."



Gambling News :

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

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