Rumors and Gossip

by Wendeen H. Eolis

 No formal confirmations of additional investors yet, but the noise is ever louder today; Group Bernard Tapie has  lined up at least one moneyman "ready to punt."  According to several generally informed sources familiar with weeks of efforts to raise more funds, GBT has locked up a commitment with at least one and maybe two  substantial participants to nail the acquisition of the Full Tilt brand. Additional funding might not be crucial, but for Tapie's reluctance to put in more capital of his own than suits his taste.

A lawyer close to one purported investor says, "The deal should get done." He estimates the time table for a re-launch of the FTP site as before the end of the first quarter."  Another lawyer, with strong ties in the current Full Tilt brouhaha says; "The die is cast; Full Tilt is effectively out of control; the deal is now unstoppable unless Tapie fails to deliver the necessary checks to the Court."

by Wendeen H. Eolis

PokerStars Chief Executive Officer Gabriel Campos Woslovsky’s current whereabouts are murky; only his closest associates may know his GPS location. But the buzz emanating from the Isle of Man offices of Poker Stars is loud and clear; Gabi Campos, as he is better known within Poker Stars, has left the building-- after a reign of less than two years.

Because so many rumors have been swirling around, I thought I would set the record straight and lay down the official version of events. I'll tell you right now that the story does not have a happy ending: I did not turn a piece of my posterior into a million dollar payday at the LA Poker Classic. But at least I took a shot.

The heavy rains had blown over, and the evening air was crisp and refreshing. I decided to visit the old Normandie Casino in Gardena, Calif. One of the students in my poker class at the Claude Pepper Sr. Citizen Center claimed it was a great place to play low/middle-limit hold'em.