AGCC Releases Statement Regarding Full Tilt Poker

January 11, 2012

The Alderney Gambling Control Commission (AGCC), former licenser of Full Tilt Poker, released a statement to former Full Tilt Poker players that they no longer provide a license for Full Tilt and furthermore has no authority to arbitrate or intermediate regarding Full Tilt players and issues they have with the online poker site. The statement also confirmed that all complaints will continued to be forwarded to the police and advises any players who are still owed money to also contact the police.

If they so believe that they have been the victim of a crime, the AGCC has advised these players to contact law enforcement officials to take further action.

While the statement from the AGCC did not mention anything regarding the buyout of Full Tilt Poker by French investment group Groupe Bernard Tapie, it is still believed that GBT will acquire the online poker brand and assets from the US Department of Justice in exchange for one $80 million payment. Upon transfer, the US DOJ will drop all charges and civil complaints against the Full Tilt name. It is still unknown whether or not players will ever be reimbursed for their confiscated accounts, though many are still hopeful that once the takeover is finalized, the new owners will make their best effort to pay back some or all that is owed to the disgruntled US players.


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