Update 18:27 - BREAKING NEWS - Fulltilt Poker License suspended
Tags: Alderney Gambling Control Commission
, Black Friday
, Full Tilt Poker, Full tilt Poker down, License, PokerStars
Posted on Wednesday, June 29, 2011 by "A".
Full Tilt Poker license suspendedEarlier today the following statement was issued by the Alderney Gambling
"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 addtion, 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 15th 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.
The venue and date for the hearing will be announced in due course.
Issued by: André Wilsenach (Executive Director), Alderney Gambling Control Commission, Alderney, Channel Islands.
Date issued: 29th June 2011"
Currently all tournaments on FULL TILT POKER is paused and no one can login to the software. In addition their website is stating "Scheduled Maintenance in Progress, The system is currently down for maintenance, please check back soon!"
More info when the story develops.