Bwin.Party, the refurnished and re branded internet gambling firm has admitted that it once considered acquisitioning FTP (Full Tilt Poker). This idea was then dropped because the company decided that it is too hard to achieve.

Bwin.Party recently issued its financial reports for the first half of 2012 (H1- 2012) which was accompanied by its new plans to re-launch new software for PartyPoker in 2013. At the same time, Jim Ryan who is the co CEO of the company stated that his office once considered bidding to acquire FTP.

Jim Ryan stated that following the unlocking of the assets that belonged to FTP, it was offered for sale, Bwin.Party really thought of buying it and acquiring its assets. This business move was then canceled and dropped as a result of many reasons. The reasons included the existing problems that is facing Bwin.Party resulting from the merger between PartyGaming and Bwin and the predicted problems that would result between the company and the Dept. of Justice of the United States.

He also stated that before the PokerStars deal was done, the company was invited by the Dept. of Justice of the US to make a bid on the assets of Full tilt Poker but Bwin.Party did not accept the invitation and gave up on the idea of the acquisition because the company saw that it was very hard and complicated to go on with this move. Lastly, he stated that he is glad that the assets of FTP ended in the hands of a well reputable company, PokerStars.