All Play Halted on Full Tilt Poker
Published on June 29th, 2011 10:39 am EST
According to a media release that was issued by the Alderney Gambling Control Commission earlier today:"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."
--
Full Tilt Poker's game server is currently down, and there is a note on their site that says "Scheduled Maintenance in Progress - The system is currently down for maintenance. Please check back soon!"
No statement has been issued by Full Tilt Poker as of yet.
Full Tilt Poker is completely shut down throughout the world right now.
Edit: According to the Alderney Gambling Control Commission, Full Tilt Poker must cease to:
-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
According to the AGCC, a hearing regarding Full Tilt Poker will take place on Tuesday, July 26th.
According to the AGCC, the decision to suspend Full Tilt's operation was "an interim step and one that was taken with an aim to stopping any further deterioration in the current situation".
--
Filed Under: Online Poker Rooms
