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24 May 2012 17:26 h
Full Tilt License suspended
Posts: Ascending order | Descending order


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29 June 2011 14:04 h
The Alderney Gambling Control Commission (AGCC) has suspended Full Tilt’s licences, requiring the poker room to suspend all operations from the jurisdiction with immediate effect.

The AGCC said in a statement this morning: “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 15th April 2011, during which grounds were found to indicate that these licensees and their business associates were operating contrary to Alderney legislation."

by http://www.egrmagazine.com

Wow, they could not pay their U.S. customers and now the remaining customers are also screwed.
One Pair
One Pair
29 June 2011 14:33 h
I not belive thats it is posible!
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29 June 2011 15:46 h
One of the power houses of poker in this situation. This is a huge blow to the poker community.
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29 June 2011 16:58 h
I can't withdraw the money i have there. It's not much but it's mine. Now i need to wait. When withdrawing becomes possible, i'll take it immediatly.
One Pair
One Pair
30 June 2011 00:45 h
JhooksJ posted
I can't withdraw the money i have there. It's not much but it's mine. Now i need to wait. When withdrawing becomes possible, i'll take it immediatly.


I wish good luck for you... and for withdraving!
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30 June 2011 15:51 h
Kabaljero posted
JhooksJ posted
I can't withdraw the money i have there. It's not much but it's mine. Now i need to wait. When withdrawing becomes possible, i'll take it immediatly.


I wish good luck for you... and for withdraving!


Wow. Me too man. That is harsh. I hope this isn't the end of our great game.
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30 June 2011 16:12 h
I hope everything works out JJ.

In the meantime PokerStars already issued a statement:

"PokerStars Official Statement, June 29 2011

In light of today's news that Alderney Gambling Control Commission has suspended Full Tilt Poker's license, PokerStars wishes to assure our customers that their funds are completely safe and that our operations are completely unaffected. The Isle of Man Gaming Commission today re-affirmed that PokerStars' worldwide licensing is intact and that our operations are in full compliance with all of its requirements. PokerStars' online operations continue as normal and all funds in players' accounts are safe and available for withdrawal as usual with no delays.

PokerStars also remains in full compliance with our licenses in other jurisdictions where we are regulated, including France, Italy and Estonia.

As provided under our licensing, PokerStars has always maintained the integrity and security of our players' funds, by keeping all such funds in segregated bank accounts, always available for immediate withdrawal.

Since the actions of US Department of Justice in April, we have returned more than $120 million to US players and continue to act upon requests as they are received. Players outside the US have not been affected and all cash-outs have been processed without delays. Further, PokerStars entered into an agreement with the Department of Justice which expressly confirmed the company's ability to operate outside the US.

We will continue to operate as a responsible corporate citizen and are committed to serving the needs of our customers in complete compliance with our regulatory requirements."

They really want to stay away from Full Tilts debacle. Who can blame them.
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30 June 2011 17:15 h
Seems to me they want to reassure their costumers. Perfectly reasonable i believe.
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1 July 2011 13:23 h
This is just getting better. Full Tilt announced today that they are about to sell a majority of their Pocket Kings company. They expect to get US $150 million so they can pay the American Players.
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1 July 2011 15:21 h
Finally some good news. Maybe i'll be able to get mu money back.

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1 July 2011 16:17 h
Phil Ivey withdrew his lawsuit against Full Tilt. maybe there is hope afterall.
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1 July 2011 16:44 h
SimonsQQ posted
This is just getting better. Full Tilt announced today that they are about to sell a majority of their Pocket Kings company. They expect to get US $150 million so they can pay the American Players.



Now we wait. Their hearing is on 26 of July. We will see what happens then.
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2 July 2011 11:40 h
i hope they resolve de money issue before that.
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2 July 2011 15:16 h
TheRiver posted
Phil Ivey withdrew his lawsuit against Full Tilt. maybe there is hope afterall.


He probably decided to withdraw it because of Full Tilt intention to sell most of Pocket kings.
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5 July 2011 12:31 h
Phil Ivey rmoves his lawsuit and another takes it's place. Former Full Tilt player Todd Terry filed a class action against Full Tilt Poker, claiming that "US players are unable to acess their accounts on Full Tilt".

This is something FT would rather didn't show up now, with the negociations between them and the European investors.
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6 July 2011 13:57 h
i don't see how full tilt will recover from all this.
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7 July 2011 12:12 h
In the mean time, PokerStars and PartyPoker are happy. Most of the players who left Full Tilt moved to one of them.
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7 July 2011 14:43 h
American players can play on PokerStars now?
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7 July 2011 16:03 h
No- I believe he meant all non american players.
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7 July 2011 16:52 h
You just made someone very sad i believe.


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