OMG, I feel sick to my stomach. I actually have to play other sites for the next month?

 

Tom Dwan has been perhaps the most vocal supporter of the company on Team Full Tilt. However, his perspective has shifted in an interesting trend...

April 15 -- Wow

A very sensible reaction. This tweet was sent out on Black Friday, just as the news originally broke. Durrr was clearly as surprised as the rest of us.

- In a market which the doj is (anti-constitutionally) making it difficult to operate in, and one of them is a complete fraud of a company

- I long ago realized that laws replaced common sense in every day government, however I still thought n hoped the regulation of billion dollar industries was usually done in a logical fashion

This was a commonly held attitude at the time. Before it came to light that the big 3 poker sites had been buying banks and committing massive fraud, we were all upset at Uncle Sam for taking away our internet pokers.

- I wouldn't be too worried about ftp/stars $$. I would shoot myself abt ub/cake etc

- I'd guess ftp/stars is worth more than 93c on the $ (almost 100% u get paid but could take 2-3mnths n worst case more)

Mr Dwan was half correct. Stars paid out within 2 weeks of this tweet, while it has been nearly 3 months without payment by FTP as of this writing. At the time, he felt extremely confident that American players on Full Tilt would get paid out; quantifying it at nearly 100%.

April 16 -- @PhilGalfond agreed. I'll match it. Now gonna go get drunk and complain about the doj ;(

This is in reply to PhilGalfond's assertion that everyone was panicking too much, and that players were extremely likely to get paid. Galfond also guaranteed $1 million in payouts from FTP/Stars, which Dwan promised to match.

April 17 -- "@lOWBD: @Tom_Dwan do you own a piece of or have stock/ownership options with fulltilt?" If I did I wouldn't be tweeting obv lol

Tom's response explains quite a bit in retrospect. The fact that he is an apparent non-owner explains both his loquaciousness and naivety.


June 1 - Yo @philivey poker isn't a sport... Rest of your statement is awesome though.

- I'll be playing wsop. Feel fine about that morally b/c I've already said I'll give back 100% I ws paid by ftp if players aren't paid in full

The first tweets of note in 6 weeks. This is in reply to Ivey's lawsuit announcement. His repayment guarantee changes from $1 million to his full FTP earnings.

June 29 - Seems like alderney regulatory body (where ftp's license is) just shut down ftp. Wow I think?

Tom takes a break from tweeting his WSOP results to remark on the news that the Alderny Gaming Commission has suspended Full Tilt's license. The initial reaction is much the same as he had of Black Friday: Wow.

- "@TheEdge2807: does this mean i am likely to lose my roll?" I'd still like to think ur a favorite, but gimme a few mins to try to absorb it

Durrrr is still at least 50% confident that players will be paid, but perhaps not 99% sure as he was before.

- Some pretty objective ppl who's opinions I respect are worried now that FT can't payout or find a buyer. Me too more I think about it

Minutes later, his confidence appears to dip below 50%.

- I'm pretty sick about all this. Its ridiculous that players weren't paid weeks ago. I feel pretty sick to my stomach.

A few hours later, his confidence level finally approaches that of nearly everyone else; very low.

- Just heard some rly good news that I'd love to trust, gonna go to sleep instead of making my head explode w/ various extrapolations.

Ever the optimist, Mr. Dwan cautiously heeds a mysterious piece of good news. Unfortunately, he opts not to share it while the poker world writhes in panic, instead choosing to take a nap.

Shortly after that last tweet, a source within Full Tilt confided to Quad Jacks that FTP intends to go back online in a few hours and continue serving players sans-license. Hopefully the fact that Full Tilt may be going rogue was not the bit of news Tom was so pleased to hear.

From quadjacks: FTP is going to reopen in hours and operate without a license

Re: Full Tilt Gaming License Suspended - **ALL PLAY AND CASHIER HALTED**
Quote:
Originally Posted by DeathAndTaxes  
What a class act FTP. You use a toothless regulator and when they finally grow a tooth decide to go 100% criminal.

Sad thing is if FTP re-opens it would simply be a run on the bank. They can't pay everyone. Who would play over cashing out?
Many players proberly dont read 2+2 and thinks FTP is down for maintaince..

how to submit a formal request for a Full Tilt cashout
http://forumserver.twoplustwo.com/29/news-views-gossip/how-contact-alderney-authorities-try-get-your-money-ftp-1059482/

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