Full Tilt Poker licensing meeting postponed until September
Friday, July 29, 2011
Full Tilt Poker licensing meeting postponed until September
As reported in my Full Tilt Poker license suspended article of a few weeks ago, poker company Full Tilt Poker was due to meet with its licensing authority, the AGCC, a few days ago.
The meeting, as it turned out, was a non-event:
Full Tilt's application to adjourn: Heard in camera and granted 27 July 2011
At a hearing yesterday the Commissioners of Alderney Gambling Control Commission (AGCC), acting as a tribunal, decided that the application for an adjournment of the hearing into the future of the licences issued to Full Tilt Poker (FTP) be conducted in camera. Following the hearing of this application, the Commissioners decided to adjourn the substantive hearing of the allegations against FTP. As part of their ruling the Commissioners emphasised that the substantive hearing into the future of these licences still needs to take place.
As a result of the arguments on behalf of FTP during the pre-hearing application the Commissioners decided to adjourn the hearing as they felt it was in the best interests of FTP's customers. A key consideration in their decision was to allow FTP licensees "to further pursue advanced commercial negotiations which could lead to a more beneficial outcome for player interests".
The Commissioners adjourned the substantive hearing to commence as soon as possible and in any event not later than 15th September. Further details regarding the exact date and venue of the substantive hearing will be announced as soon as practical.
At a hearing yesterday the Commissioners of Alderney Gambling Control Commission (AGCC), acting as a tribunal, decided that the application for an adjournment of the hearing into the future of the licences issued to Full Tilt Poker (FTP) be conducted in camera. Following the hearing of this application, the Commissioners decided to adjourn the substantive hearing of the allegations against FTP. As part of their ruling the Commissioners emphasised that the substantive hearing into the future of these licences still needs to take place.
As a result of the arguments on behalf of FTP during the pre-hearing application the Commissioners decided to adjourn the hearing as they felt it was in the best interests of FTP's customers. A key consideration in their decision was to allow FTP licensees "to further pursue advanced commercial negotiations which could lead to a more beneficial outcome for player interests".
The Commissioners adjourned the substantive hearing to commence as soon as possible and in any event not later than 15th September. Further details regarding the exact date and venue of the substantive hearing will be announced as soon as practical.
On the face of it, the decision to postpone, on the basis of granting Full Tilt longer to organise an investor buy in / buy out, looks to be a postive move for the players. Whether or not the subsequent meeting, now pencilled in for no later than Septmber 15th, will also be held in private remains to be seen.
There has been a lot of discussion about the situation in the 2+2 poker News, views and gossip forum, where the best current thread for updates is Full Tilt chatter.
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The meeting was delayed until next Monday - see the AGCC Full Tilt news release:
The hearing will reconvene at 0900 on Monday 19th September, 2011. The hearing will be held in the Plaza Suite at the Riverbank Park Plaza Hotel, 18 Albert Embankment, London, SE1 7TJ.
As before, those wishing to attend are requested to contact the AGCC on +44 (0)1481 825500 or via info@agcc.gg
By 
100% Gambler, at
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