International edition
September 23, 2020

The AGCC had originally suspended FT on June 29th

Full Tilt Poker's gaming license revoked by Alderney

(UK).- The Alderney Gambling Control Commission (AGCC) revoked Full Tilt Poker's license yesterday (September 29th). "Serious breaches of AGCC regulations include false reporting, unauthorized provision of credit, and failure to report material events," the AGCC said.

"

At a hearing held in London over six days, it emerged that FTP had fundamentally misled AGCC about their operational integrity by continuously reporting as liquid funds balances that had been covertly seized or restrained by U.S. authorities, or that were otherwise not actually available to the operator," the AGCC said in a statement.

"Unresolved claims by players against FTP become a matter for the police and civil authorities. Now that FTP’s licenses have been revoked, AGCC no longer has jurisdiction over these companies," add the AGCC.

The AGCC had originally suspended Full Tilt's license on June 29th, 75 days after the U.S. Department of Justice indicted Full Tilt founder and CEO Raymond Bitar and seized several bank accounts belonging to the online poker company.

What is your opinion about this article?
  • I like it
    %
    0 votos
  • I don't like it
    %
    0 votos
  • I have not thought about it
    %
    0 votos
Leave your comment
Newsletter Subscription
Subscribe to receive the latest news and updates
Enter a valid email
Complete the captcha
Thank you for registering to our newsletter.
Follow us on Facebook