News | Posted 29.06.11 at 00:00

Game Over for Full Tilt Poker?

Alderney Gambling Control Commission (AGCC) has decided to suspend the eGambling license of Full Tilt Poker. The online poker community was shaked this morning by a real wave of panic and a lot of questions are being asked: Is it the end for the world giant of online poker? Will customers be refunded?

 
The AGCC statement confirms that the decision to suspend the license of Full Tilt Poker follows a special investigation engaged by the US Attorney General’s Office in the District of New-York on April 15, 2011, now known by all players as ”Black Friday”.
 
The AGCC stated that the company “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 ; and
- Permit customers to participate in any form of poker game play or gambling transaction”.
 
The AGCC added that the first results of the investigation indicate that Full Tilt Poker were operating contrary to Alderney legislation. The Commission asked its leaders to attend a regulatory hearing in London on Tuesday 26th July 2011 during which the future of the website will be sealed. Andre Wilsenach, Executive Director of the AGCC, said that the charges are of a serious enough matter to make the decision to suspend the eGambling license immediately, without necessarily bringing in any details about the charges in question.
 
The suspension of all operations with immediate effect took place this morning, leaving the customers in the unknown. It's not possible to play or even access to your account anymore. A very brief message appears on the website: “We apologise but the system is currently down. Please check back later”. Since then, there is no news from Full Tilt Poker whose reputation is now severely damaged. Obviously, the main concern remains the customers’ money, now blocked on the website and we are looking forward to the 26th of July to be given the first pieces of answers.
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