Published: November 25, 2011

Online poker taking different direction despite new plans at Full Tilt Poker, reports Canadian-Poker

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MONTREAL - (BUSINESS WIRE) - Canadian-poker (http://www.canadian-poker.ca) reports that troubled online poker site Full Tilt Poker has finally come to an agreement with French investor Groupe Bernard Tapie (GBT). The conclusion of this highly anticipated negotiation, in which GBT will pay $80 million to acquire Full Tilt Poker and assume the company's debt toward players in Canada, is the first concrete step toward former fans of the site being repaid. Lawyers estimate that Canadians are still waiting for $10-15 million from Full Tilt, and that thousands of players have been affected by Full Tilt's retreat from the Canadian market.

"I had hoped online poker companies like 888 Poker and Party Poker would be the ones to eventually buy Full Tilt Poker," said Leon Daniels, Canadian-poker spokesperson. "These companies could have gained a huge share of the Canadian market by doing so. On the other hand, these companies are publicly traded, 100% legal establishments. They couldn't risk entangling themselves with Full Tilt's legal issues. In fact, their decision not to get involved may prove to have been right - both 888 and Bwin.Party are more popular than ever in Canada since the events of April 15, when Full Tilt Poker, PokerStars and other online poker rooms were shut down."

888 Poker, a steadfast and reputable online poker provider for Canadians, seems to have known all along what it could achieve without acquiring Full Tilt's resources. "Readers love 888," Daniels said. "This company worked hard to satisfy players long before Black Friday but now, following April 15 events, they finally had a chance to prove it, and now 888 is our readers' top choice." Read more: http://www.canadian-poker.ca/888-poker.

Party Poker has also maintained prestige in Canada thanks to their highly respected, publically traded parent company responsible for their operation. "Canadians will not be fooled again with big names and massive ad campaigns. They are now looking carefully at the operation behind their chosen online poker room, and chose to play on poker rooms run by public companies," concludes Daniels.

More on Publicly traded online poker companies:

http://www.canadian-poker.ca/888-poker

http://www.canadian-poker.ca/party-poker

http://www.canadian-poker.ca/bwin-poker