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Full Tilt Poker: The case reviewed by the authorities
As everyone knows, Full Tilt Poker can not operate now. Its license was withdrawn two weeks ago by the authority empowered to do so, the AGCC in Alderney Australia or the authority of regulation of onlline gambling. As a result, the access to the site is blocked with all that this have as consequences : those who want to withdraw their funds have not been able to do. Obviously, this has many bad results especially on the part of users. On this thorny question about Full Tilt Poker, the noises heard here and there only make public understanding even more blurred. After research, information arriving in dribs and drabs. The reality is quite different for Full Tilt Poker contrary to the information conveyed by Los Angeles Times which published an article announcing the acquisition of the operator by an investor or a group of European investors.
There was indeed an agreement but the sticking point is the return of injured players. It's the central concern. The final decision on the issue of the return of the license will be known at the hearing scheduled for July 26. Meanwhile, the search for other partners of Full Tilt Poker is not ruled out. All involved in this case namely the operator, the potential investor, the AGCC, the ARJEL, the U.S. Department of Justice will meet to discuss it. In this case, the name of Phil Ivey has been cited repeatedly. The latter filed a complaint against Full Tilt Poker for the reason that his earnings were blocked. It seems that he abandoned his pursuit. This raised questions. If there is no agreement, why the sudden change of position on his part?
Source: James WILLIAMS
Thursday, 14 July 2011
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