At the end of last week the U.S. Department of Justice gave French investor Groupe Bernard Tapie the right to buy the ill-fated and often mentioned Full Tilt Poker empire. It has been several weeks since we first heard of Bernard Taipe's interest in the fallen poker giant. They stated their intention was to get the virtual casino back on its feet but had to get passed government sanctions to do so. Seems as though they have with a purchase price of $80 million. This is how it went down. The U.S. government had confiscated the assets of Full Tilt and several of its board members and employees back in April. These seized assets were Full Tilt's excuse for not paying American players there casino deposits. Well it seems Full Tilt officially forfeited these assets so the government could turn around and sell those assets to Bernard Tapie. Full Tilt has outstanding debt with American players totally somewhere in the region of $150 million. Under this deal Bernard Tapie will refund all non American players and the U.S. government will refund the American players. It seems it will be quite a red tape, application process. The recent civil suit against Full Tilt was dropped as a part of this new deal. This takes personal liability away from FT's shareholders. Those individuals who named specifically and accused of money laundering, fraud and breaking the Wire Act are still being prosecuted for their roles. To be clear the folks over at Full Tilt have yet to officially accept this deal. They will probably need a two thirds majority vote from their shareholders.