Ray Bitar Net Worth is$40 Million
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Ray Bitar is the CEO of Tiltware and one of the original founders of the online poker gambling site, Full Tilt Poker. He founded Full Tilt Poker with Chris Ferguson and Howard Lederer, who are both famous American poker players. Ray was formally a equities trader in Los Angeles, where Chris Ferguson was one of his clients. They became friends and Ferguson introduced him to Howard Lederer and several other partners to launch their Full Tilt Poker project. He became the CEO of Tiltware and Full Tilt Poker and continued to run the company out of Ireland. Currently Ray Bitar, Tiltware, Full Tilt Poker and his associates are embroiled in legal battles with federal prosecutors from the Untied States over money laundering charges and accusations of operating a ponzi scheme.

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Ray Bitar Latest News

County pays $36K to feds after sale of seized land

The U.S. government will get a paycheck from Vigo County for property seized under a 2013 indictment of former Full Tilt Poker CEO Ray Bitar. Bitar pleaded guilty in April 2013 to violation of the Unlawful Internet Gambling Enforcement Act and conspiracy ...
Posted: October 25, 2016, 4:41 pm

Juanda on Lederer: "He Should Have Taken More Blame"

Not only was he cast as a major voice of discontent towards Ray Bitar it was also suggested he was an obstacle to the PokerStars deal. Juanda didn't take kindly to the insinuations and snapped back at Lederer via Twitter, claiming Howard was skewing the ...
Posted: October 7, 2012, 5:00 pm

Poker site CEO arrested on new Ponzi scheme charges

Ray Bitar, Full Tilt Poker’s CEO, was arrested yesterday on new charges that the poker czar has been involved in a Ponzi scheme. Bitar had been avoiding arrest by living in Ireland; he was taken into police custody Monday as his plane landed at John F.
Posted: July 3, 2012, 1:45 am
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