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UK Private Equity Firm Interested in Full Tilt Poker

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PR & Media Manager
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UK Private Equity Firm Interested in Full Tilt Poker 0001

According to the iGaming Post, a U.K. private equity firm may be interested in acquiring Full Tilt Poker if the pending deal with Groupe Bernard Tapie falls through. Little is known about this firm, though it��s being reported that they are not interested in relaunching the site, instead looking to acquire FTP��s software.

While the U.K. firm is not listed, the iGaming Post claims that ��three separate reliable sources�� have confirmed the firm��s interest. The firm is reportedly willing to make an offer for the software of between $30-$35 million, which ��would be deposited in a neutral account for Administrators of the company to distributed to creditors of FTP.��

Both bwin.party and 888Poker have been mentioned in association with acquiring FTP��s software, though these are unconfirmed reports. Regardless, it appears that there is another interested party if the FTP/GBT deal falls through, which many feel is inevitable despite GBT��s echoes that they��re ��reasonably optimistic.��

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PR & Media Manager for PokerNews, Podcast host & 2013 WSOP Bracelet Winner.

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