Full Tilt Poker Hearing to be Held in Private

The Alderney Gaming Control Commission announced on Wednesday that its September 19 hearing related to Full Tilt Poker will be held in private.

The Commission pulled FTP’s license on June 29, 2011, citing the company’s inability to pay out customers.

Full Tilt Poker’s co-founders were indicted in the United States on April 15 for money laundering and bank fraud.  The firm was forced to exit the American market as a result.  No US customers have been paid since April 15.

Alderney is looking for evidence to suggest Full Tilt Poker has proper funding or well-financed investors.  The group claims that a mysterious European investment group backed out of a well-publicized deal late last month. 

André Wilsenach, executive director of the AGCC, called the decision “disappointing” in a statement released on their website.

“I am pleased that the FTP hearing will continue as scheduled, as was argued on my behalf. However, I am disappointed with the tribunal’s decision that, notwithstanding my arguments to the contrary, the hearing will be held in private.

“I believe the public has a right to know the reasoning behind the decisions to suspend FTP’s licences and call a hearing, and to hear the evidence that will be put forward on my behalf.”

- Chris Costigan, Gambling911.com Publisher