It's been a tumultuous year for Full Tilt to say the least. After the Black Friday indictments, the company had its license revoked, was named a "Ponzi scheme" by the Department of Justice, faced two class action lawsuits and had some of its biggest representatives suffer severe and irreversible brand damage. The company has also experienced a lengthy period of negotiations that has only left those interested in the company's status with a bitter taste in their mouth. There have been no formal press releases, no widespread media interviews and minimal outreach in communication. Quite simply, the company has done its best to remain in the dark as they appear to take a step in a new direction.
Through recent filings in Ireland and Malta, the company has finally revealed its new course and it appears to be under the guidance of Laurent Tapie and Prosper Jeremy Masquelier, the named directors of New Full Tilt Limited. Additionally, Orinic Limited, a subsidiary of Full Tilt, has applied for a Category 2 License with the Alderney Gaming Control Commission to offer online gambling. The license hearing will take place on May 3 in Alderney and will be open to the public. Even if the hearing goes smoothly, the license will not be awarded that day. The company is also hiring with start dates at the end of April.