Full Tilt Gaming License suspended

http://www.egrmagazine.com/news/1673787/breaking-news-alderney-suspends-full-tiltsoperating-licence.thtml


The Alderney Gambling Control Commission (AGCC) has suspended Full Tilt’s licences, requiring the poker room to suspend all operations from the jurisdiction with immediate effect.

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."

FYI

Shit just got real.

bad news for all :|

This doesn't look good!

yup, full tilt client is unreachable,
goodbye bankroll

wtf.. So everyone that played on FT is fucked now?

omg.so what happens to the players' br? how high is the chance that it is completely lost?

holy shit

guys,
it is just suspended, it could be that FTP license will be un-suspended in a couple of days as well.
That being said, the run on the bank this time, will be nuts if they re-open.

Could a moderator please change the title to 'suspended' not revoked, sorry I had taken the title from another post that I found it on to get it up quickly, thanks,
Dave

yeah just scheduled maintence. nothing to see here guys

if i had a bank transfer cashout 3 days prior to this is it likely that it will arrive?

looked for a funny image of lederer - found this and pissed myself laughing:



mission accomplished

game over FTP. hope LP'ers get their money back.

On June 29 2011 06:02 fakeshaver wrote: yeah just scheduled maintence. nothing to see here guys

http://www.pokernews.com/news/2011/06/breaking-news-full-tilt-poker-license-suspended-by-agcc-10629.htm

In the early hours of Wednesday morning, the poker world learned that the Alderney Gambling Control Commission (AGCC) suspended the license of Full Tilt Poker and ordered the site to suspend all operations. According to preliminary reports, games on Full Tilt worldwide came to a sudden halt.
The AGCC released the following statement on the matter:
"Alderney Gambling Control Commission (AGCC) has today issued Hearing Notices under Regulation 46 of its Regulations to Vantage Ltd, Oxalic Ltd, Filco Ltd and Orinic Ltd, collectively trading as FULL TILT POKER.
In addition, AGCC has issued Suspension Notices under Regulation 47 to the above named companies requiring them to suspend all operations with immediate effect.
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. The nature of the findings necessitated the taking of immediate action in the public interest.
The venue and date for the hearing will be announced in due course.
Issued by:
André Wilsenach (Executive Director)
Alderney Gambling Control Commission
Alderney,
Channel Islands
Date issued: 29th June 2011"
For those who may recall, the aforementioned investigation is same which the alluded to in an earlier statement by the AGCC. For more on the AGCC back story, be sure to revisit PokerNews' interview with Michael Ellen, director of licensing and strategy for the AGCC.
So far no word from Full Tilt, other that a banner on FullTiltPoker.com stating: “Scheduled Maintenance In Progress - The system is currently down for maintenance. Please check back soon!”
This is a breaking story and PokerNews will be sure to bring you all the developments as they happen.


Read more: http://www.pokernews.com/news/2011/06...r-license-suspended-by-agcc-10629.htm

Dave, I just posted news on this ;p

*Black Friday FBI, DOJ
*Ivey and other rakeback, corruption exposes
*Moneybookers not doing business anymore, accusing FTP of manually/arbitrarily selecting withdrawals
*Suspension of gambling license


pretty much gg imo. too many shitty signs to ignore

On June 29 2011 06:34 whamm! wrote: accusing FTP of manually/arbitrarily selecting withdrawals

what does it mean?

On June 29 2011 06:23 Defrag wrote: Dave, I just posted news on this ;p

He owned you by 26 minutes.

On June 29 2011 06:43 dogmeat wrote: Show nested quote + On June 29 2011 06:34 whamm! wrote: accusing FTP of manually/arbitrarily selecting withdrawals what does it mean?

It means that FTP decided that some countries/markets should be allowed to withdraw or not based on their own judgement rather than some actual strategic outlined plan, thus making it look as though moneybookers had an issue with inconsistent service rather than FTP purposely shutting off payment withdraws by their own decision.