The Full Tilt Collapse — Poker's Darkest Day

On April 15, 2011 — a date poker players call Black Friday — the US Department of Justice seized the domains of PokerStars, Full Tilt Poker, and Absolute Poker. For Full Tilt, the shutdown was not just a legal setback. It was the beginning of the unravelling of a $390 million fraud perpetrated against its own players.

The Rise of Full Tilt

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Black Friday

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The $390 Million Hole

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Chris Ferguson's Role

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The PokerStars Buyout

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Frequently Asked Questions

What happened to Full Tilt Poker player funds?

Full Tilt owed players $390 million but had only $60 million in player accounts. The remaining funds had been distributed to the site's owners and investors.

Did Full Tilt players get their money back?

Most players eventually recovered their funds after PokerStars acquired Full Tilt Poker's assets in 2012 and agreed to repay all outstanding player balances.

What is Black Friday in poker?

Black Friday refers to April 15, 2011, when the US Department of Justice indicted the founders of PokerStars, Full Tilt Poker, and Absolute Poker, and seized their domain names.