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The Mob
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Joined: 12 Sep 2003
Posts: 4498

PostPosted: Thu Jun 30, 2011 12:32 pm
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The Hendon Mob have enjoyed a long and successful relationship with Full Tilt Poker. We have been happy to represent and promote the best software, cash games and tournaments in online poker.

We were as shocked and dismayed as anyone by this weeks developments. We do not know anything about the legal, technical or financial issues relating to these matters that is not already in the public domain. Aldernays actions appear to have prejudged forthcoming legal proceedings and do not seem to be in the interests of the players. Above all, we do not understand how it can be right to prevent FTP from paying funds to its customers.

Our position at this time is that The Hendon Mob still has a relationship with Full Tilt Poker. We sincerely hope that the current difficulties will be quickly overcome, not least because that is in the interests of all the players as well as of everyone connected with FTP.

We do not see how it would help a single player right now were we to seek to deny our association with FTP or take any action that would add to their current problems.

The best possible outcome for all concerned would be be a swift resolution of all outstanding issues so that FTP can start to operate again as soon as possible.

In the meantime, as a Full Tilt Poker affiliate, we will be making representations to FTP on behalf of the players. We hope to be able to make a fuller more informed statement in due course.


Last edited by The Mob on Thu Oct 20, 2011 8:57 am; edited 1 time in total
The Mob
Site Admin


Joined: 12 Sep 2003
Posts: 4498

PostPosted: Sun Sep 18, 2011 8:56 pm
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The Hendon Mob and Full Tilt Poker

From today you will see some changes on the Hendon Mob website.

Like everyone else in poker we have taken a close interest in the development of recent months and we are saddened by the problems that continue to beset Full Tilt Poker.

The Hendon Mob were the first European players to sign up with FTP and this site has been a major affiliate. In the past five years we have made many good friends amongst the Full Tilt staff, Red Pros and of course the growing Hendon Mob community who played with us on the site and supported our league. For all their sakes, and for the wider poker community, we would be delighted to see positive developments in the weeks and months ahead.

We are well aware that a great deal of players including many who signed through The Hendon Mob still have money on FTP, as well as steps tickets, player points etc. going forward, and in any scenario where Full Tilt Poker resumes trading, we will as an affiliate continue to look out for the interests of our players and to try to achieve the best possible outcome regarding their funds. We do not take the loyalty of our community for granted.

The Hendon Mob employs a sizable staff of full and part time people who are dedicated to maintaining and improving the database, the forum and everything else that the poker community expects from our website. We are currently running at a substantial loss and this is not sustainable in the long term.

We have therefore chosen, as well as ceasing to be Full Tilt Pros, to end The Hendon Mob.coms exclusive relationship with Full Tilt Poker. This frees us for new opportunities, both as a website and as players and we look forward to an exciting future that we hope you will all be a part of.

The Hendon Mob
Robert
Site Admin


Joined: 19 Aug 2004
Posts: 3659

PostPosted: Thu Sep 22, 2011 10:03 am
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Just collating a few more statements from other threads:

Post Posted: Tue Sep 20, 2011 8:32 am

The Mob wrote:
First of wed like to say a big thank you to all the kind words of support here. To have people like Chris Austin actually offer their time to help is very touching.

For a number of reasons, some of which are outside our control, we dont really want to get into a big debate but we would like to clear a few things up.

Back in April when the DOJ acted and stopped American players both Full Tilt Poker and Pokerstars were in exactly the same boat. We didnt see it coming and we dont believe they did either. As poker playing online here in the UK is completely legal we didnt see any issues with our continued association.

How many of you are still playing on Stars?

When Alderney suspended the FTP licence we believed it to only be a short term issue and that FTP would be back very quickly. It is at this point that we would like to clear one thing up regarding the banners on this site. Shortly after the licence had been suspended we stopped sending traffic to FTP and using promotional banners. The banners simply carried an FTP logo and they went to a page on our site saying that FTP promotions were suspended and we made a public statement.

The recent reappearance of banners a few days ago isnt really reappearance at all. They simply became more noticeable because other banners had expired and still no banners went to FTP.com.

As FT pros and as the website was exclusively promoting FTP we were in a completely different situation to sites like Pokernews. This websites income was nearly 100% FTP and it was difficult to take banners down without us relinquishing our FT pro status.

It wasnt just a personal decision either. Our business and our staff relied on the FT revenue to exist. We were hopeful that FT would return but were aware that obviously at some point a decision might come when the situation was no longer sustainable.

As Bugs Bunny asserted in this thread the revenue share paid the website expenses and it has always been Mob policy to reinvest company money to improve the site and employ more staff.

Evelyn seems to think that we should do a Tikay and reimburse any players we have signed up to FT. Honourable was what Tony did but the circumstances could not be more different.

If we had a Hendon Mob card room we would of course be responsible for its running and its players. Otherwise there would be no Hendon Mob card room (or website or business or Mob). We were in no way responsible for the running of FT and its decision making. We were simply promoting it as an affiliate. Tikay was Blondepoker.

Whats more Evelyn says he would repay the players if it was him. Tonys liabilities ran to a low 5 figure sum. We dont have access to FT players account balances but we believe the players we signed up over the past five years would have collective balances in 7 figures over 100 times as much.

Further more Blonde were sub affiliates promoting FT and Jackinbeat was also a sub affiliate.

The Mob will be ok, thehendonmob.com will be ok. We hope all our FT signups will be ok and, as we have said, anything we can do to help there we will.

The Mob


http://www.thehendonmob.com/forum/vie...=asc&start=75


Last edited by Robert on Thu Sep 22, 2011 10:08 am; edited 1 time in total
Robert
Site Admin


Joined: 19 Aug 2004
Posts: 3659

PostPosted: Thu Sep 22, 2011 10:07 am
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Posted: Wed Sep 21, 2011 1:44 pm

The Mob wrote:
Whilst we applaud and admire Tom Dwans stance we do not think this should lead to a witch hunt of other red pros whose circumstances may differ or who take a different view.

Far too many people jump to conclusions about the personal circumstances of others. We will not add to that, but to illustrate the point we will say a bit about ourselves. This does not mean that we are not entitled to our privacy or that we feel we have to answer every question we are asked. We just want to put a few things into perspective.

When we joined FTP there were very few European players, there was no PLO and hardly any action during peak times. We accepted a deal, which depended on significant growth of traffic. We were instrumental in that growth.

The USP of Full Tilt was its pros. And it worked. Like other red pros, we were part of what was successful about the site. One of the reasons all the revenue was generated. We were not part of what went wrong.

We did a job, a well paid job yes, and we did it well. Asking us to pay back that money now is essentially no different to asking the FTP office staff to pay back theirs. That money got spent, like most peoples incomes get spent. With the difference that we were contractually obliged to spend our money on playing poker and representing the brand.

We did not simply wear the logo, we did a great many things, too numerous to mention here. We attended meetings wrote articles, commentated, hosted, advised, chatted on the site. We had many contractual obligations and we fulfilled them all. Above all we lent our brand our site and our reputations to FTP. We had spent years building these up and we continued throughout the association at great expense to build our site and contribute to the growth and revenue of FTP.

Throughout all that time, all the money that came back to us as a share of the revenue we helped generate was put back into the poker community. Most of it as rake back and promotions, the rest to meet the costs of running what is a valuable resource to everyone in poker: The Hendon Mob Website.

Of course, we deeply regret the losses suffered by FTP players, particularly those introduced by us. Throughout the past few months we have tried to bear their interests in mind in the actions we have taken. This is one of the reasons why we did not think it was helpful to make statements or take actions liable to further damage the FTP brand unless there was some good reason to do so, beyond getting things off our chest or protecting our image.

We do not think everybody who ever got paid for doing a job for FTP should be obliged to make a statement such as this. What we do think is that some people who should know better are aiming low blows at their fellow players. They may be easy and visible targets, but that dosent make them the villains in this story.


http://www.thehendonmob.com/forum/viewtopic.php?t=41108
Robert
Site Admin


Joined: 19 Aug 2004
Posts: 3659

PostPosted: Thu Sep 22, 2011 10:12 am
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Posted: Wed Sep 21, 2011 3:55 pm

Robert wrote:


No-one here expected the US shutdown, or the AGCC to shut them down completely. Literally the day before European players were shut out, I was finalising with FTP the next series of added money tournaments.

*Yes* wrote:

I've read the statements you have realesed over the past few months which don't really say much but given the timing of you leaving Full Tilt and this report coming out I assume you had far more information that you let on.

Thanks


Would that it were. Do you really think anyone here was tipped off by the DOJ about what they were about to come out with!? The date of The Mob announcement was down to staff holidays, they would have liked to have made it earlier but associated changes to the site needed to be made.


http://www.thehendonmob.com/forum/viewtopic.php?t=41110
Robert
Site Admin


Joined: 19 Aug 2004
Posts: 3659

PostPosted: Thu Sep 22, 2011 10:13 am
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Posted: Thu Sep 22, 2011 8:55 am

The Mob wrote:
Karabiner1 wrote:
When The Mob were playing on FTP was everything on extended credit which was carried over indefinitely or were these losses deducted from affilliate payments?

If not how were The Mob's $125K+ losses which show up on sharkscope covered?

If these losses were not covered out of earnings surely there should be some responsibility to pay at least this amount back into a fund to reimburse the players who appear to have been swindled.


We have already given statements regarding our positions.

To clarify for you

The Hendon Mob company and the Hendon Mob as individuals were not shareholders in any Full Tilt Poker company or associated company.

Any losses from play on FTP by the Mob were covered by the individual themselves.

Affiliate payments were used for the running of THM Ltd and website.

THM Ltd and The Mob do not owe money to FTP.

THM Ltd and the Mob themselves all have money on their FT accounts that is inaccessible now just like many other players and the Mob are owed money from FTP.


http://www.thehendonmob.com/forum/vie...1096&start=45
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