The gaming business enterprise in the United States for the last six months, was quite uncertain if the Groupe Bernard Tapie (GBT) will buy Full Tilt Poker. As most deals of this magnitude would, this deal also took its time. On the 25th of April, Alex Dreyfus the CEO of Chilli Gaming announced on Twitter that Pokerstars had completed the purchase of Full Tilt Poker. Incidentally, Pokerstars is the largest rival of Full Tilt Poker.
The deal was made final with the United States Department of Justice (DoJ). The DoJ was paid $750 million to close the deal. News reports state that $330 million will be used to repay account holders of Full Tilt Poker while the rest of the money will be paid to the DoJ to settle outstanding charges. It was reported that one of GBT’s attorney’s from Washington, went on record stating a last minute problem about the time when the payments were to be made to players of Full Tilt Poker. The DoJ had apparently expected the complete payment in 90 days of the date of transaction, but GBT did not agree. GBT was disappointed that after working intensely for seven months, the DoJ turned its back.
The lawfulness of the forfeiture by the DoJ, specifically pertaining to laws not of U.S. origin, was another issue that could not be resolved. GBT stated that this issue was particularly crucial because Full Tilt Poker’s main assets were not situated within the U.S. The liabilities pertaining to regions outside the US was not certain. Players and employees of Full Tilt Poker were keen about the completion of this transaction between the online poker room and the investment company. However, the deal, which was in the news for several months, did not go through.



