Full Tilt's Revoked License! APCW Perspectives Weekly for September 30th, 2011

[BingoT]

Full Tilt's Revoked License! APCW Perspectives Weekly for September 30th, 2011

On the road again! J Todd has landed in Houston after his time in Barcelona, and this week he reports on the wildfires in Texas, the smouldering remains of Full Tilt Poker, and how their players are getting burned!

 

[BingoT]

Full Tilt Poker's License Revoked

The Alderney Gambling Control Commission on Thursday revoked its gambling licenses held by Full Tilt Poker, potentially complicating any deal for the faltering online poker company that could repay poker players whose funds on deposit at Full Tilt have evaporated.

“It is important to note that the revocation of FTP’s licences does not, as has been suggested, prevent a reactivation of the business under new ownership and management,” said Andre Wilsenach, executive director of the Alderney Gambling Control Commission, in a statement. “Unresolved claims by players against FTP become a matter for the police and civil authorities. Now that FTP’s licences have been revoked, AGCC no longer has jurisdiction over these companies.”
Nathan Vardi, Forbes Staff

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