Full Tilt Poker’s License Suspended
Bad news for one of the largest poker rooms on the net: the Alderney Gambling Control Commission (AGCC) has issued an order for Full Tilt to suspend all operations. While a hearing on the matter is to be held on July 26 in London it is highly unlikely that Full Tilt will reopen before that time, and it is possible that it may not even then.
The nightmares began for this room when the U.S. Department of Justice seized its online poker site on April 15. Full Tilt, along with Absolute Poker and PokerStars were all charged with violating the Unlawful Internet Gambling Enforcement Act (UIGEA) that was signed into law by former President Bush in October of 06.
While the poker rooms were soon able to get back their domains and opened back for business, unlike PokerStars, Full Tilt Poker failed to pay players from the United States back their funds. American players heard nothing but promises, and never able to cash out ther winnings after what has become known as “Black Friday” in the online poker world. It has been all down hill for Full Tilt ever since….
Executive Director of the AGCC André Wilsenach had the following to say:
“Alderney Gambling Control Commission (AGCC) has today issued Hearing Notices under Regulation 46 of the Alderney eGambling Regulations, 2009 to the above named companies who collectively trade as FULL TILT POKER.
“In addition, AGCC has issued Suspension Notices under Regulation 47 of the Alderney eGambling Regulations, 2009 to the above named companies requiring them to immediately suspend operations.
The above named companies must, until the Suspension Notices are cancelled or the Commissioners of AGCC have reached a determination at the conclusion of the hearing convened in accordance with Regulation 46 of the Alderney eGambling Regulations, 2009 cease to exercise their eGambling licenses, which means that these licensees must from today cease to:-
- Register new customers
- Accept deposits from existing customers
- Allow existing customers to withdraw funds that are held in their accounts
- Permit customers to participate in any form of poker game play or gambling transaction.
“The Alderney Gambling Control Commission will hear the matters contained in the Hearing Notices at a Regulatory Hearing which will commence at 10.00am on Tuesday 26th July, 2011 at the Victoria Park Plaza Hotel, 239 Vauxhall Bridge Road, London SW1V 1EQ. In the event that there is a change to these details this notice will be amended.”