Full Tilt Poker's Two LicensesPublished August 17, 2011 by OCR Editor
Full Tilt Poker (FTP) is ready for the Showdown with the KGC and the AGCC.
Full Tilt Poker has been involved in some spectacular news headlines of late. The beleaguered online poker powerhouse has been fingered out by the US Department of Justice and the FBI as an illegally operating poker site. To add fuel to the fire, the Alderney Gambling Control Commission recently recanted Full Tilt's primary license to operate. According to legal sources associated with FTP, the $400,000 in unpaid licensing fees was the result of the said poker room not believing that Alderney would re-license it.
The outstanding figure has now been paid.The Kahnawake Gaming Commission Steps In
In the first week of August 2011, Kahnawke agreed to re-issue a secondary gaming license to Full Tilt Poker. This is a result of Kahnawake believing that Full Tilt Poker's primary license with Alderney is still valid. Kahnawake renewed a secondary client provider authorization for a term of 2 years. The news from Alderney is that Full Tilt Poker still has a license, albeit suspended pending the outcome of a hearing on September 15, 2011.
It has been made known however that Kahnawake would be able to rescind its CPA license of Full Tilt Poker should Alderney deny them a primary license. As for Full Tilt Poker players, there is no indication that the poker room will re-open prior to the outcome of the hearing.