Fulltilt Poker Trying to Raise Capital to pay US players

Posted 5/31/11:

Despite unfrozen account, players still await refunds six weeks after Black Friday
 
Full Tilt Poker, one of three major online poker operations impacted by the Black Friday indictments six weeks ago continued to assure players that they would be paid this week, and advised that it was raising capital to do so, triggering speculation that the company is experiencing very tough financial times.
 
And having cut off US action, it appears that players from other markets are not compensating for the lost business at internet poker's second largest company.
 
The independent online poker site monitor Pokerscout reported this week that Full Tilt's traffic has continued to decline, sinking below the 9 000 cash game player benchmark – a dramatic reduction in traffic compared to the real cash player numbers of 15 000 experienced by the site prior to Black Friday.
 
This week the site's seven day average was down to 8 900 players.
 
Pokerscout reported that this week saw Full Tilt traffic decline by a further 7 percent – the fourth weekly decrease and the third consecutive weekly decline of over 5 percent.