FullTilt Poker Operating Licence Suspended

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The Alderney Gambling Control Commission (AGCC) has suspended Full Tilt pokers license to operate. FTP has been ordered to shut down all play and the cashier. It was reported several hours ago, that FTP was indeed down and poker play has stopped.

FTP website says they’re down for “scheduled” maintenance.

About the AGCC

The Alderney Gambling Control Commission (AGCC) was established in May 2000. The Commission, consisting of the Chairman and three members, is independent and non political, and regulates eGambling on behalf of the States of Alderney. The Commission ensures that its regulatory and supervisory approach meets the very highest of international standards.

The Full Media Release:

29 June 2011 FOR IMMEDIATE RELEASE

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 www.gamblingcontrol.org

Ends

NOTES TO EDITORS

Due to the nature of the forthcoming judicial proceedings no further comment can be made at this time. The regulatory hearing will be held on Tuesday 26 July 2011 in London.

Further media requests should be directed to Jim Delbridge of LR&D: Jim@LRandD.com or call 01481 246668.

Issued by: André Wilsenach (Executive Director)

Alderney Gambling Control Commission

Alderney,

Channel Islands

Date issued: 29th June 2011