<img src="http://www.liquidpoker.net/staff/Defrag/FTP_logo.jpg" align="right" style="margin:5px; border:1px solid black;">A few days ago we reported that a subsidiary of FTP, Orinic Limited, applied for an operating license with the Alderney Gambling Control Commission (AGCC). The hearing where the AGCC will make its decision will be held with open doors and is set to take place on May 3rd, at the Braye Beach Hotel, in Alderney.
Orinic previously held a category 1 license, which didn't allow the company to handle online gambling funds. That license was suspended for six months as consequence to Black Friday. Now, Orinic applied for a Category 2 license, which would allow it to offer online gambling services and handle funds. The application was submitted on March 23 and apparently no objections were raised. Orinic had been incorporated in January 2011, in order to market FTP to Swiss-based residents.
More and more news suggest that the FTP deal is progressing. Hopefully on May 3rd some questions about player funds will be asked and we will have some positive news on what's actually going on.
Here is the full statement from the AGCC website:
In the matter of an application by Orinic Limited for a Category 2 eGambling licence
TAKE NOTICE
that the Alderney Gambling Control Commission, pursuant to Section 4 of the Alderney eGambling Ordinance, 2009 and Regulation 23 of the Alderney eGambling Regulations, 2009, will hold a public hearing at which oral representations may be made.
This hearing will take place at 2.00pm on Thursday 3rd May, 2012 at the Braye Beach Hotel, Alderney.
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