The previously-announced hearing of the Alderney Gambling Control Commission (AGCC) regarding the suspension of Full Tilt Poker’s license is going to be open to the London public.
According to an AGCC media release (pdf), the hearing on July 26 will “make public evidence from both the AGCC and Full Tilt” regarding the suspension of FTP’s license, and the findings will be adjudicated publicly regarding the future of the poker room under Alderney jurisdiction.
The hearing has been scheduled since AGCC first suspended Full Tilt’s license with the goal to review the license status. The latest statement sets the date and time to 10am at the Park Plaza Victoria Hotel in London, and for the first time announces that the hearing will be open to the public and media.
“AGCC’s choice to hold a public hearing in to the future of Full Tilt Poker demonstrates our willingness to act transparently,” said André Wilsenach, Executive Director of AGCC. “As ever at all times, our primary concern is the protection of the player.”
There has been no communication from Full Tilt since their poker room went offline two weeks ago, amidst swirling rumors online and in the media of a potential investment that could bail out the troubled company. On July 1, news from mainstream media indicated that a deal with unnamed European investors could be on the cards; the rumors were strengthened when Ivey dropped his lawsuit, stating that “Full Tilt is taking steps to see that the players are paid.”
Days later, AGCC themselves confirmed the existence of a potential deal:
“AGCC is in discussions, all be it at an early stage, with its licensees trading as Full Tilt Poker and a third party concerning the prospective refinancing of Full Tilt Poker,” stated a media press release on July 3. “The objective of these discussions is to enable the site to re-open to its current and prospective players.”
