Home / Poker News February 2012 / The Poker Grapevine – Matt Glantz on FTP Sale
The Poker Grapevine – Matt Glantz on FTP Sale
Posted by: Mark Baldwing - Sun, 2012-02-26 12:23
As far as the Full Tilt Poker issue is concerned, poker pro Matt Glantz hadn’t always been a pessimist. In the immediate wake of Black Friday, Glantz was among the few who defended Full Tilt Poker, but now his position seems to have taken a 180 degree turn. In a recent blog post of his, Glantz made it clear that not only did he not believe the company would ever get to refund its players anymore, he did in fact have serious reasons to think that the much-hyped Groupe Bernard Tapie deal would fall through too.
In his said blog post, Glantz opined that many of Full Tilt’s shareholders were only keeping silent about the imminent doom of the sale so that they wouldn’t eventually end up taking the blame for the inevitable, which – in Glantz’s opinion – is GBT’s withdrawal from the deal.
We all know that GBT have made a list public, with the names of Full Tilt pros who owed money to the company. According to Glantz, the move didn’t make a whole lot of sense other than to prepare the press for the eventual withdrawal of the French party from the deal. Glantz says that most of the players named by GBT won’t ever have the financial means at their disposal to repay their FTP debts, and GBT was fully aware of that fact. Thus the list is nothing but one of potential scapegoats that GBT will point a finger at when they eventually withdraw from the table.
In other news: Gregory Ronaldson has won the opening event of the second annual
WSOP Africa event. In the event which took place at the Emerald Casino in Johannesburg, Ronaldson bested Jaco von Tonder heads-up to take down the $22.8k top prize.
Second place was worth $14.1k and the third place finisher picked up $10.2k for his efforts. The NL Holdem event featured a $350 buy-in.
