Full Tilt Poker has released a statement to pokerstrategy.com in response to the revocation of its licence to operate. The Alderney Gambling Control Commission (AGCC) yesterday revealed that it was revoking the licences of three of the companies controlling Full Tilt and continuing the suspension of a subsidiary fourth. In the statement Full Tilt accuses [...]
The Alderney Gambling Control Commission (AGCC) announced on Thursday afternoon that it was to revoke the operating licences of Full Tilt Poker (FTP) with immediate effect. The AGCC revoked the licences issued to Vantage Ltd, Filco Ltd and Oxalic Ltd, while the licence issued to Orinic Ltd, described by the AGCC as “a recently added [...]
Jeff Ifrah, one of the attorneys for Full Tilt Poker, claims a consortium of French investors is interested in purchasing the ailing online gaming company. Ifrah has apparently spent the week in France in negotiations with the unnamed group. Ifrah is concerned that the investors will pull out if the Alderney Gambling Control Commission (AGCC) [...]
The chances of online poker being legalized in California look good if voters ever get to have their say on the matter, with a new poll showing 53% of the electorate in favour of laws permitting the online game. Legislators in the state have debated the issue for the past three years, but on each [...]
Traffic on the Merge Network has taken a hit over the last month as rumours of impending Department of Justice action frightens potential customers. Merge is the biggest online poker network left which still allows Americans to play, although it has restricted new sign-ups from the country since June. The fall-out from “Black Friday” saw [...]
Bobby Oboodi took down the World Poker Tour event in Borgata, winning more than $900,000 in the process, comfortably the biggest poker payday of the 24-year old’s career so far. Oboodi began the day as one of the two biggest chip stacks, and he came through the final table with ease, dispatching most of the [...]
The US Department of Justice has issued warrants to seize bank accounts belonging to several of the major owners of Full Tilt Poker in the latest move in the ongoing saga. Meanwhile, the hearing into the suspension of the online gambling site’s licence to operate has continued in London, with no news emerging despite five [...]
The hearing into the suspension of Full Tilt Poker’s licence to operate by the Alderney Gambling Control Commission (AGCC) continued into a fifth day today, comfortably exceeding the three days that the hearing was originally scheduled for. Security has been tight for the closed session, and so far no news about the future of the [...]
Lawyers for Full Tilt Poker (FTP) have hit back at allegations from US Attorney Preet Bharara that the company has been running a Ponzi scheme to defraud its customers. FTP attorney Ian Imrach told the Wall Street Journal that while “the government has obviously taken issue with the underlying activities of FTP, under any reasonable [...]
With the hearing into the suspension of Full Tilt Poker’s licence to operate proceeding behind closed doors in London, the site’s credibility was dealt a huge blow yesterday when the an amendment to an earlier complaint by the US Department of Justice described the company as running a giant Ponzi scheme. Full Tilt was already [...]
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