The Lederer Files: PokerStars Saves the Day, Apology to Full Tilt Poker's Customers
Since April 15, 2011, the poker world has waited anxiously to hear from Howard Lederer about the downfall of Full Tilt Poker. That wait is officially over.
In Part 7 of this exclusive interview series with PokerNews.com, Lederer discusses the closing of the deal between PokerStars, the Department of Justice, and Full Tilt Poker. The deal was finalized on July 31, 2012, but Lederer explains how it got "very dicey" toward the end.
Lederer then addresses Full Tilt Poker's customers one last time before the site launches under PokerStars' management:
"As an owner of Full Tilt Poker, I take full responsibility for what happened. What happened wasn't right and it caused a lot of pain, a lot of suffering, and in some cases just inconvenience for 3 million customers. That wasn't right. And for that I am truly sorry.
"I look very much forward to the reopening of the site under PokerStars' leadership. I am incredibly thankful for their incredible professionalism in the way they handled the situation. I'm going to be rooting for the company every day.
"I can't tell you how happy I am that the deal happened, that hopefully our customers are all going to be made whole."
Here's the the seventh and final segment of The Lederer Files:
Disclaimer: The thoughts and opinions expressed in this interview are those of the interviewee and do not necessarily reflect those of PokerNews.
In this Series
- 1 The Lederer Files: An Introduction
- 2 The Lederer Files: The Beginning of Full Tilt Poker
- 3 The Lederer Files: The UIGEA, Segregated Accounts, and Retirement
- 4 The Lederer Files: The Backlog and Black Friday
- 5 The Lederer Files: Black Friday Aftermath, the Search for a Solution
- 6 The Lederer Files: The Phil Ivey Lawsuit, Transition 2.0
- 7 The Lederer Files: Outstanding Member Loans, Groupe Bernard Tapie Complications
- 8 The Lederer Files: PokerStars Saves the Day, Apology to Full Tilt Poker's Customers
- 9 The Lederer Files: The Process and Opinions
- 10 Recapping The Lederer Files — Part 1
- 11 Recapping the Lederer Files — Part 2