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Post Info TOPIC: Full Tilt Poker Hit With Yet Another Lawsuit


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Posts: 13169
Date: Oct 7, 2011
Full Tilt Poker Hit With Yet Another Lawsuit
 
 


It just doesn't stop for Full Tilt Poker. They are facing another lawsuit from Cardroom International. 

A statement was issued Cardroom International

Cardroom sought to license its software to major media companies for use on their sports-related sites. Between them, the PokerStars defendants and the Full Tilt defendants entered into agreements whereby they provided such play money services to ESPN/ABC, Fox and NBC. At a meeting with one of the aforementioned networks, the CEO of Cardroom was informed that adoption of his system faced the barrier of the purchase of airtime on the network by PokerStars companies, as the PokerStars companies were tying continued purchase of airtime to use of their software and system on the network's website. Within weeks of meeting with this network, the network announced a deal with PokerStars. The bulk of the money utilized by the PokerStars defendants to purchase time for poker television programs came from funds illegally obtained from United States poker players. Though Full Tilt did not directly interfere in the potential transaction between Cardroom and the network, it was due to the joint conspiracy of the PokerStars defendants and the Full Tilt defendants alleged below that both companies achieved their dominant position in on-line poker."

Cardroom International "claims a right, title and interest" in the identified funds "based on damages suffered as a result defendants' violation" of the Racketeer Influenced and Corrupt Organization Act (RICO) "in an amount no less than $30 million."



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