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Yeates Speaks Out Against Full Tilt

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Scott Yeates, the former VIP Manager of PokerStars, has taken to the web to decry the evils behind the downfall of Full Tilt Poker. Known primarily as “ScottY” among the legions of the PokerStars faithful, Yeates is now acting as an adviser to various iGaming brands. It is from this perch that he’s watched the downward spiral of his former competitor.

“It all starts,” he writes, “in 2006 when Full Tilt Poker became the second largest site after Party Poker and others closed their doors to the US market. At this time, the US market represented well over 50 percent of the online poker traffic. PokerStars took to developing markets like Germany, Italy, Spain and Russia. Full Tilt spent the majority of their marketing money in the US and Canada.”

Yeates points to the fall of 2010, tracing the first warning sign to the government’s stepping in to eliminate the use of eChecks within US Borders. While PokerStars immediately cut off this form of payment, Full Tilt kept it on as a viable bankroll method. Yeates’ article, posted on CasinoAffiliatePrograms.com, goes on to postulate that Ray Bitar, the CEO of Full Tilt, believed that his continued acceptance of eChecks would result in a larger market share.

While much of the rest of the article is a rehashing of the Black Friday mess, there are a few interesting points to be had. Yeates believes that regulated poker will come to America “within a few months,” and that poker sites will have to cut back on both payments to their affiliates and player rewards.

If he’s right, US players could be in for a bit of a bonus shock once the online game comes back into play. But so long as the tables are running, there should be few complaints.

 


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