Yesterday, new statements were released by Full Tilt Poker and AGCC (Alderney Gambling Control Commission). AGCC tells in their statement, for example, that the planned hearing of Full Tilt Poker in London on September 19th won't be held in public. Full Tilt Poker writes about the finical issues the company is dealing with and how they will deal with them.
AGGC statement:
"The Commissioners of[...] Read more » New statements from AGCC and Full Tilt Poker
Joined: Oct '10
Location: United Kingdom
Age: 63 (M)
Posts: 442
A private hearing means that details of the evidence given by both parties will be a matter of record for the authorities only and not availalbe to the public.
FT have pressed for this so we can only assume that they consider the evidence that they give may prejudice their future plans, if made public. Therefore they must have something to hide that they do not wish potential investors to learn.
I would have thought that the very fact that FT have requested this would be off-putting to potential investors.
Edited by jbrooksie (15 September 2011 @ 13:19 GMT)
Joined: Apr '09
Location: Portugal
Age: 44 (M)
Posts: 4827
This case will probably end with an agreement between both parts. Perhaps US Government will say FT can re-open activity in the country if they agree to pay a monthly fee/tax, or if they agree to have some new identity of US Gov supervising their activity, to garantee they maintain their activity in legal terms. And, taking in consideration what US market means in terms of value to this poker room, i think they should accept, even if their future profits are lower than they use to be. At least they can continue to act in US, and users will be enchanted with that.
------------ This case will probably end with an agreement between both parts. Perhaps US Government will say FT can re-open activity in the country if they agree to pay a monthly fee/tax, or if they agree to have some new identity of US Gov supervising their activity, to garantee they maintain their activity in legal terms. And, taking in consideration what US market means in terms of value to this poker room, i think they should accept, even if their future profits are lower than they use to be. At least they can continue to act in US, and users will be enchanted with that.
Joined: May '09
Location: India
Age: 37 (M)
Posts: 4873
fulltilt is continuing with its nonsense as usual, they need to find investors soon to pay off the players. and regarding the market, they have already lost big part of it.
I don't think it will solve the "problem". They are stupid to even try to fight with it. I believe criminals are those who are trying to sue poker platforms.
Joined: Apr '11
Location: Romania
Age: 35 (M)
Posts: 6669
Maybe some people are interested about this hearing but frankly the only thing that matters in this problem is that full tilt poker needs to find some investors asap!
Only this way they can reopen the site once again and produce money to continue...
Until then all these hearings are nonsense really, even if this comission says that it's okay to open the site i don't think they'll do it.
Joined: Mar '11
Location: Croatia
Age: 43 (M)
Posts: 1738
so the new statement adds nothing of relevance to the old statement... they can do statements as much as they want but if they're trying to get a bit of a clean face from this i thing they should make a statement to state they're firing their statement writer
Joined: Mar '11
Location: Germany
Age: 55 (M)
Posts: 1242
I think Supernoob and Macubas are right. The only chance they have is to find new investors to get fresh money and in addition replaces the management.
Posted by Gertex: So...U guys think ill get my $400 bucks soon? LOL
The answer is simply YES if you really have this amount of money there, for me it's just a matter of time... be patient. I have a friend with a big amount also there waiting patiently so don't be obsessed with it at the moment.
