Did Full Tilt buy Doyle’s Room players, or the entire site?

by Lou on February 22, 2007

I thought the message was clear
Have I lost my ability to read and comprehend? Eye on Gambling reported earlier that “As EOG reported yesterday, Doyle’s Room has been acquired by Full Tilt Poker. Below are two Press Releases sent to us by the fine management team behind Doyle’s Room and Full Tilt Poker who just wanted to set the record straight after so much confusion was stirred up.”

What Doyle’s Room said
The release from Doyle’s Room says “Effective immediately, USA online poker players will not be permitted to sign up for real money play or deposit funds into existing accounts. Commencing March 1, 2007 all US play on DoylesRoom.com will be blocked and USA players will be able to access only the cashier page.

“You may withdraw your funds at any time or, should you wish to enjoy uninterrupted play, we are pleased to announce the Full Tilt Poker has agreed to honor your account balance and action points. This account transfer option will be simple, immediate, allow you to maintain your action points and take advantage of Full Tilt’s wide range of fames and tournaments. The transfer feature will be available to USA customers within 24 hours.”

Full Tilt says essentially the same thing
Full Tilt says much the same thing. “Full Tilt Poker is currently working with Doyle’s Room on processing funds transfers. This process may take some time to complete as there are a few steps involved to ensure that your balance is properly carried over. These funds should be available in your Full Tilt Poker account shortly.

“Within seven days of your transfer from Doyle’s Room, your Action Points will be converted to Full Tilt Points and credited to your Full Tilt Poker player account.”

Did they buy some eggs, or the whole hen house?
I don’t know about you, but from my reading of these releases, it looks like Full Tilt has made a deal to acquire Doyle’s Room players, not the site itself. I may be missing something here, but I don’t think so. And while I don’t have any idea as to the future of Doyle’s Room, I do know there’s a great deal of difference between acquiring a firm’s US customer base, and acquiring the firm itself.

And here’s what’s really sad
This whole sorry set of press releases really disappointed me. Not for the wholesale confusion that ensued, but for the fact that it’s Doyle’s Room that’s leaving the US market. All of their advertising was predicated on Doyle Brunson, a bastion of poker, a legend, stating that the room was here and would continue to serve US based players. Now it’s gone. Not with a fight but a whimper.

I never even played at Doyle’s Room and I don’t play at Full Tilt. I have no horse in this race; I’m just a friendly observer looking at a promise to stay in this market place that was uttered in a way that made it seem like a holy vow from a poker icon. Now it’s gone. Vanished. Blown away just as if it never was. And that’s what’s sad about this whole sorry set of circumstances. Turn out the lights and shut the door on your way out!

{ 1 comment }

Online Poker August 30, 2009 at 8:06 pm

It is sad to say that Doyle went to fifth, lost his lawyer. I trully admire him for his courage and he knows how to handle the situation very well.

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