International edition
October 19, 2021

AGCC to have a public hearing into firm’s suspensión in London today

Full Tilt’s European investors only interested in UK and Irish assets

(UK).- Since Full Tilt Poker was shut down by the US Department of Justice on charges of violation of gambling laws, it has been in negotiations with investors to purchase the site. Remaining unnamed, the European investors are focusing on the purchase of the UK and Irish assets of the site and are considering the firm's other European licenses.

O

nline magazine eGaming Review quoted an unnamed source that said "the purchase includes the family of companies in the UK and Ireland [including marketing and technology company Pocket Kings in Dublin], as well as the Alderney licenses."

The American customers of Full Tilt Poker have largely been left in the dark since Black Friday and they now have reason for concern. American customers are still owed more than us$ 100 million after their accounts with the poker room were suspended. Concerns are only compounded by the fact that there has been no mention of a completed deal despite the fact that exclusive bargaining rights for investing in Full Tilt Poker will be terminated on Thursday.

AGCC Licensing

Full Tilt Poker saw their licenses being suspended by the Alderney Gambling Control Commission (AGCC). On Tuesday morning the AGCC will have a public hearing into the suspension of their licenses and the potential sale at the Park Plaza Victorian Hotel in London. Jeffrey Green Russell, the London-based solicitors will represent Full Tilt Poker at the hearing.

Rich Muny, VP of Player Relations for the Poker Players Alliance, believes that the actions of the AGCC could result in funds being credited to American players. He thinks that "the more pressure on Full Tilt, the better" and he believes that this action will result in Full Tilt taking the steps it needs to repay their American players.

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