PokerStars have sued former Full Tilt Poker pro, Erick Lindgren, for an outstanding debt worth $2.5m, and have also parted ways with long-standing member of Team Pro Vanessa Rousso.
PokerStars are suing Erick Lindgren for $2.5m
I guess it’s not exactly a surprise. The men and women who once ran Full Tilt Poker strike me as the type to turn a blind eye to a $2.5m cock-up – not PokerStars.
Rational FT Enterprises Limited v. Lindgren is a fight that started on January 30th 2015, and it’s going to be interested to see how this one develops. Lindgren is a former gambling addict. He managed to accumulate a debt load that Caesars Entertainment would be proud of. Unless he has an empty coke bottle that generates money, like the ones Dynamo uses, I would say he’s screwed.
So how does one manage to owe PokerStars $2.5m?
Here is the direct answer taken from court records.
“Pursuant to an agreement between Lindgren and Full Tilt and in accordance with Full Tilt’s capitalization table Full Tilt Poker would submit distributions via direct deposit into Lindgren’s bank account. The distributions were compensation for Lindgren’s service as a professional poker player pursuant to the agreement, under which Lindgren promoted the Full Tilt Poker brand.”