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Alderney suspends operating licence of online poker provider Full Tilt citing US probe

Newsdesk by Newsdesk
Thu 30 Jun 2011 at 03:29
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Sources: Yogonet.com/ egrMagazine.com/ iGamingBusiness.com

The Alderney Gambling Control Commission (AGCC) has suspended online poker provider Full Tilt’s licences, citing as the catalyst ongoing US federal investigations into online poker in the United States.

Alderney’s action requires Full Tilt to suspend all operations from the jurisdiction with immediate effect. Under the ruling the operator is forbidden 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 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 at the Victoria Park Plaza Hotel in Victoria, central London.

The AGCC said in a statement: “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.”

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.”

There has been no comment yet from Full Tilt.

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Newsdesk

The IAG Newsdesk team comprises some of the most experienced journalists in the Asian gaming industry. Offering a broad range of expertise, their decades of combined know-how spans multiple countries across a variety of topics.

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