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Full Tilt licence suspended

Operations are suspended with immediate effect after investigation from the Alderney Gambling Control Commission.

Wednesday 29th June 2011

Full Tilt Poker has suspended operations with immediate effect after the Alderney Gambling Control Commission (AGCC) suspended its licence. A statement released by the AGCC this morning read, “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.’ The AGCC has revealed that a hearing has been set for Tuesday 26 July in London and until then, or until the Suspension Notices are cancelled, Full Tilt must 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. There has been no comment yet from Full Tilt. More as we get it.

Source: OnlineCasinoNews

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