Wednesday, June 29, 2011

Full Tilt Poker's Last Stand?

In case you had not heard or read the latest news from the Alderney Gaming Commission ...


Media Release
Alderney Gambling Control Commission (AGCC) has today issued Hearing Notices under Regulation 46 of its Regulations to Vantage Ltd, Oxalic Ltd, Filco Ltd and Orinic Ltd, collectively trading as FULL TILT POKER.

In addition, AGCC has issued Suspension Notices under Regulation 47 to the above named companies requiring them to suspend all operations with immediate effect.

The decision to suspend these licenses follows a special investigation prompted by the indictments unsealed by US Attorney General’s Office in the Southern District of New York on 15 April 2011, during which grounds were found to indicate that these licensees and their business associates were operating contrary to Alderney legislation. The nature of the findings necessitated the taking of immediate action in the public interest.

Andre Wilsenach, the Executive Director of the Alderney Gambling Control Commission says: ‘The decision to suspend the eGambling licence was in the public interest and, because of the seriousness and urgency of the matter, it required that immediate action be taken ahead of the regulatory hearing.’

Any further announcements on this matter can be found on the website of AGCC at

I believe the odds of us getting our money just went down. With Tilt being shut down until the a hearing on July 26, however, Full Tilt's hand might be forced -- and we might still get our money back. Maybe I am a dreamer, but I would rather look at the positives at this point since there is nothing we can do anyway but wait. Of course, Full Tilt has already kept us waiting ... and waiting ... and waiting ...

Labels: ,


Blogger SirFWALGMan said...

If they are not making any income from Europe I think it reduces your chances.. also they might have to pay out all the Euro players now too... this makes a bigger mess for them for sure.

9:33 AM  
Blogger Memphis MOJO said...

We're not getting any money, not happening.

9:55 AM  
Blogger Josie said...

omfg we're never going to get our money.

10:06 AM  
Anonymous B. Jack said...

I think it reduces your chances.Also they might have to pay out all the Euro players now too. This makes a bigger mess for them for sure.

3:18 PM  
Blogger Bayne_S said...

I think them getting shut down means we all get back a % of accounts rather than full tilt deciding to stiff the americans and keep the rest of world going ,

2:52 PM  

Post a Comment

<< Home