..

Alderney Gambling Control Commission‬ Talks Full Tilt Poker With J Todd (Video)

Written by:
C Costigan
Published on:
Oct/10/2011
Alderney Gambling Control Commission

J. Todd of Perspectives Weekly was on hand at the Global Gaming Expo this past week where he managed to grab an interview with Andre Wilsenach, the CEO of Alderney Gambling Control Commission (AGCC).  The AGCC last week revoked Full Tilt Poker’s license.

Mr Wilsenach clearly points the blame at Full Tilt Poker for their 'deceptive' reporting and business practices. However, this leaves many to wonder if the AGCC really believes they are free of blame in this situation, and how "regulation" will change in the evolving online gambling and poker industry.

Wilsenach notes that licensees must have sufficient cash to deal with player liabilities, which Full Tilt Poker clearly did not.  The AGCC was confident that there was not a problem even after executives of FTP were indicted on April 15. 

“We believed they were solvent,” he said.

But Wilsenach points out that an investigation by the AGCC revealed that the US DOJ had froze Full Tilt Poker funds over the past three years and that FTP mislead the AGCC.

“The trust relationship has immediately been broken,” Wilsenach stated. 

As always, J. Todd delivers.  The video below is approximately 11 minutes long but it’s a must watch for those who are affected by the Full Tilt Poker matter. 

- Chris Costigan, Gambling911.com Publisher

Poker News

Justin Kuraitis Defense of Postlegate Incenses Poker Community

Justin Kuraitis Defense of Postlegate Incenses Poker Community

Justin Kuraitis, the Stones Tournament Director implicated in a widely publicized live streaming poker cheating scandal, has come out swinging after evidence failed to show any wrongdoing.   

New Jersey Online Poker Revenue Dips

New Jersey Online Poker Revenue Dips

The COVID-19 pandemic has caused a lot of major changes over the past few months. This effect has been felt across different industries, with some experiencing a more negative effect than others.

Moon Dead as Result of Complications From Surgery

Moon Dead as Result of Complications From Surgery

A World Series of Poker Main Event runner up has died following complications from surgery.

Mike Postle and Justin Kuraitis Finally Speak Out on Cheating Scandal

Mike Postle and Justin Kuraitis Finally Speak Out on Cheating Scandal

Mike Postle has finally spoken out after a year of allegations lodged against the poker pro that he had cheated during live streaming events at the Stones Gambling Hall outside of Sacramento, California.

Mike Sexton Passes Away

The poker world has lost a giant with news of the passing of player, commentator and game ambassador Mike Sexton late Sunday night.

Syndicate