The Alderney Gaming Control Commission held a public hearing in London regarding the Full Tilt Poker license suspension. Read below to see what happened so far.
It looked increasingly unlikely that any resolution, or even progress, was going to take place today at the AGCC hearing in London. The press and public were shut out of the proceedings and it was doubtful we will play any further role in the hearing.
It was a full house at the Park Plaza Victoria, with a crowd made predominantly of journalists and a relativley small contingent of interested players.
No known faces from Full Tilt
Only one of ten seats reserved for Full Tilt Poker company officers were taken in the hearing, by a legal assistant.
Prior to the hearing, most of the discussions outside of the conference room was around the (now realised) rumours that Full Tilt representatives would be lobbying to adjourn the hearing until a later date. Nobody was suprised when this was announced by the Full Tilt lawyer.
Although the members of the public remained quiet for the first two hours, the news that the pre application would be considered in private inevitably sparked a reaction.
Poker pro Harry Demetriou stood up, announced he was leaving, and shouted to the AGCC “What about the players? Why are you protecting this corrupt company?” – a response which was met with a round of applause from the back of the room (But was ignored by the AGCC).
Soon after, a second irate member of the public bemusadley shouted out “so when are we going to hear something?” – again, to no reaction from the AGCC.
£250,000 for a chance to get the license back?
The most talked about topic so far amongst the poker media who have stayed at the hotel (it appears that about 70% of the public in attendance have left) is the news that Full Tilt owe the AGCC £250,000 in unpaid license fees. The fact that this was brought up, and offered to be paid within seven days by Full Tilt (as long as there was potential to reinstate their license) was met with an odd hush from the crowd.
The general consensus was that this could easily have been misconstrued as a possible bribe, and everyone was shocked it was brought up quite early. Of course it wasn’t a bribe, and was brought up in the interests of speeding up the enquiry, but this is what several members of the public have interpreted it as.
After several private meetings between the Full Tilt and AGCC lawyers, it was eventually revealed that the hearing will be adjourned to “no later than September 15”. AGCC explained the decision as a way to allow Full Tilt to “pursue commercial interests”. They added that it is in “best interests of the customers of Full Tilt to give the company more time to finalise the investment”.
Sorry that we cannot offer you any more information, but that is, as they say, the nature of the beast.