Full Tilt Poker lose European gambling license

Full Tilt Poker lose European gambling license

Full Tilt Poker have lost their Alderney Gambling license. The news follows the announcement in April that both Full Tilt Poker and Pokerstars had been closed down in the USA following an FBI investigation.

The decision by the Alderney Gambling Control Commission (AGCC) has come into effect immediately, with all of Full Tilt's activities that are operating under their Alderney Gambling license suspended.

The AGCC said in a statement this morning: "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."

Twitter and Facebook were quickly swamped with messages from players, with reports that all games and chat functionality has been stopped - including many tournaments which were running. Players have also been unable to withdraw funds from their accounts.

The AGCC has restricted Full Tilt Poker from doing any of the following:

  • 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

A hearing is scheduled to take place on Tuesday July 26th in London.

Author: Peter

Article Copyright ©
29th June, 2011 WhichBingo.co.uk

Comments

Comment by Anda
Anda Jun 29th 2011

This is really amazing, you can't trust any site in this country to operate reasonably anymore, I sometimes play at partypoker but mainly on 888poker and I doubt this will ever happen to them.


Comment by F_Bom
F_Bom Jun 29th 2011

I'm an Australian player, trying to log onto the Full Tilt site with no luck.
Sadly, I am signed up for a $2000 Steps game to play in the WSOP. So, I guess I loose my $2k and worse... no Vegas for me this year.
Poo-poo on you government intervention!
-Franky


Comment by johnwebb
johnwebb Jun 29th 2011

Closing the site is one thing, but how can they stop you withdrawing your money on deposit? Surely this can't be legal.


Comment by phillie
phillie Jun 30th 2011

Am in to them 4 6k will i ever see it???????


Comment by ann
ann Jul 4th 2011

I play on pokerstars on the free games and i read on pokerstars site that they now had a new american site for american depositors only i think european countries can still deposit on their site


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