Full Tilt down pending AGCC hearing
Full TIlt has ceased operating from Alderney until the AGCC lifts suspension notices or "has reached determination" following a 26 July hearing.
Play on Full Tilt has been halted indefinitely, pending the outcome of a 26 July hearing into the Alderney Gambling Control Commission’s decision to suspend its licences.
The AGCC today issued suspension notices to Vantage Ltd, Oxalic Ltd, Filco Ltd and Orinic Ltd, collectively trading as Full Tilt Poker, after a special investigation prompted by the “Black Friday” indictments unsealed by the US Attorney’s Office on 15 April concluded that “these licensees and their business associates were operating contrary to Alderney legislation.”
Full Tilt players are reporting that real-money play was suddenly halted this morning following the AGCC’s issue of suspension notices requiring Full Tilt to cease the following activities until the notices are cancelled before or following a 26 July hearing:
· Register new customers;
· Accept deposits from existing customers;
· Allow existing customers to withdraw funds that are held in their accounts;
· Permit customers to participate in any form of poker game play or gambling transaction.
The hearing into the AGCC’s decision will be held at 10am on Tuesday 26 July at the Victoria Park Plaza Hotel, 239 Vauxhall Bridge Road, London SW1V 1EQ.
Andre Wilsenach, executive director of the Alderney Gambling Control Commission said: ‘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.’
More on this as we get it.