KGC Statement about FTP

June 30, 2011 - 5:46 PM EDT
By
Kahnawake Gaming Commission

Subject: Poker has obtained a statement from the Kahnawake Gaming Commission about Full Tilt Poker:

Yesterday morning Full Tilt Poker had its licenses suspended by the Alderney Gaming Control Commission, and its site has been down since. We reported later in the day that FTP was considering using a permit from the KGC to continue operations. We had received conflicting reports about whether FTP already had such a permit or whether they were in the process of getting one. This statement confirms that Full Tilt Poker does indeed have a permit with Kahnawake, but it is merely a Secondary Client Provider Authorization. The KGC provides such an authorization only to entities that have a valid license with another jurisdiction.[1. The KGC authorization is actually for Kolyma Corporation A.V.V. Kolyma is one...

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Full Tilt Looks to the KGC

June 29, 2011 - 8:34 PM EDT
By
Full Tilt Looks to the KGC

Full Tilt Poker is considering reopening its operations with a permit from the Kahnawake Gaming Commission. Earlier today, the Alderney Gambling Control Commission suspended Full Tilt Poker's licenses. Afterwards, players were unable to connect to the poker site using the client software, and Full Tilt's website reported that its...

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AGCC Suspends FTP Licenses

June 29, 2011 - 10:03 AM EDT
By
AGCC Suspends FTP Licenses

The Alderney Gaming Control Commission, which supplies FTP's licenses to offer poker games, has announced the suspension of Full Tilt Poker's licenses. This means that FTP can no longer legally offer poker games through their Alderney licenses, nor can they process any deposits or withdrawals. In a press release, the AGCC issues a Hearing Notice...

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Jack Binion Considers Investing in FTP

June 26, 2011 - 11:02 PM EDT
By
Jack Binion Considers Investing in FTP

Subject: Poker has heard from numerous sources that Jack Binion is in advanced talks with Full Tilt Poker about potentially investing in the poker site. Full Tilt has failed to repay US players since some of its executives and payment processors were indicted on April 15th. After Black Friday, many have speculated that Full Tilt simply did not have the money to repay US players. The site has confirmed in public statements that it is...

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Dispute Between FTP and Moneybookers

June 26, 2011 - 8:15 PM EDT
By
Dispute Between FTP and Moneybookers

Subject: Poker has learned from several reliable sources of a rift in the relationship between Moneybookers and Full Tilt Poker. The dispute centers around FTP's apparent selective processing of withdrawals to the e-wallet. Since Black Friday, Full Tilt has been disabling Moneybookers withdrawals for players from various countries in a seemingly arbitrary pattern. This has been a significant financial burden for the payment processor. ...

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Phil Ivey Meets FTP Execs in Ireland

June 24, 2011 - 1:59 PM EDT
By
Phil Ivey Meets FTP Execs in Ireland

Subject: Poker has heard from numerous reliable sources inside of Full Tilt Poker that Phil Ivey spent days meeting with executives at Pocket Kings headquarters in Ireland over the past week. It is not exactly clear why he was there, but multiple reliable sources noted that he appeared to be in good spirits and...

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Barton’s iPoker Bill Released

June 24, 2011 - 6:24 AM EDT
By
Barton’s iPoker Bill Released

Representative Joe Barton has released the current full text of his proposed bill to license and regulate online poker in the United States. If passed, the bill, named the "Internet Gambling Prohibition, Poker Consumer Protection, and Strengthening UIGEA Act of 2011," would allow for the licensing and regulation of online poker alone. The bill as currently written would amend federal laws that relate to online gambling to explicitly allow licensed sites to spread online poker. It would provide...

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