Orinic Limited, Full Tilt Poker' subsidiary, has withdrawn the application for a gaming license that was made to Alderney Gambling Control Commission (AGCC). This was reported by AGCC in a press release 2 days ago. Also, this means that the scheduled public hearing next Thursday is canceled.
This doesn't come as a surprise since Group Bernard Tapie, the investment group that was going buy Full Tilt Poker until a few days ago, sent out press release the other day that it had failed to reach an agreement with the United State Department of Justice to acquire the assets of Full Tilt Poker.
Now, let's hope that the rumor about PokerStars buying Full Tilt is true so players will get back their money.