The entire online poker world was fixated on the Alderney Gaming Control Commission hearing that took place yesterday in London. Everyone in the industry was hoping that Alderney would come to a decision about the suspended online poker license of Full Tilt Poker. Players were anxious to find out if they would finally be able to log back into Full Tilt Poker and begin to play online poker again. Everyone’s expectations were dashed because Full Tilt Poker was able to get the hearing adjourned until later September.
The public hearing started a little late and almost immediately the lawyers for Full Tilt Poker wanted the meeting to be in private. The AGCC complied and all discussions were taken place behind closed doors. The only new piece of information that was leaked during the discussions was the fact that Full Tilt Poker owed 250,000 EURO in licensing fees to the AGCC. Full Tilt Poker stated that they will not pay if they have no chance of getting back their online poker license. Since discussions were behind closed doors we are not positive if Full Tilt Poker agreed to pay the outstanding debt or not.
Earlier this morning the AGCC released the following press release :
“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.”
you can read the entire press release HERE.