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Full Tilt Poker License to be Revoked Permanently?

Written by:
C Costigan
Published on:
Sep/22/2011
Full Tilt Poker

News was surfacing Thursday that the Alderney Gambling Control Commission had decided to revoke Full Tilt Poker’s license permanently, though they were yet to officially confirm FTP’s fate as of this writing.

The CalvinAyre.com website (which by the way created the image you are seeing on this page since Gambling911.com essentially has run out of Full Tilt Poker metaphor graphics – i.e. ships sinking) noted that AGCC was staying “hush” another day in order that all employees of Full Tilt Poker could be informed prior to the news going public.

Full Tilt Poker’s license was revoked on June 29 due to its failure to pay US customers.  Since that time FTP has not paid a dime to any of its global customer base.  The once second largest online poker company was forced to exit the US market in April after two of its founders were indicted on charges of money laundering and bank fraud.  More than a dozen bank accounts connected to FTP and its co-owners were froze.

On Wednesday, FTP attorney Jeff Ifrah made one of the more bizarre pleas we have ever seen on a poker message board, basically calling on the player community to beg the ACGG to delay its hearing into the fate of Full Tilt Poker another 30 days.

“A negative AGCC ruling will cause all efforts that have been undertaken to secure this investor group to fail and leave customers in the cold,” he suggested publicly.

It would seem obvious that Bodog Poker is probably not a client of Mr. Ifrah’s.  The CalvinAyre.com website is run by Bodog founder, Calvin Ayre, and the industry site had this to say about Ifrah’s last ditch attempts to “save Full Tilt Poker”.

“This is most certainly a hail mary. Doug Flutie style.” Either that or a ‘clap your hands and Tinkerbell will live’ gambit. (Pick which metaphor you prefer.)

As for the identity of those investors allegedly talking with FTP, Ifrah (in true FTP fashion) disclosed some details without really saying much.

- Chris Costigan, Gambling911.com

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