It’s been a crazy week for Full Tilt Poker. First, the Alderney Gaming Control Commission (AGCC) announced that Full Tilt Poker’s international gaming license was being revoked, effectively closing the site to players around the world. Shortly after this, it appeared as though Full Tilt’s worries (and particularly its players’ worries) would be over thanks to a buy-out from European investors. This news was quickly swept under the rug when a group of Nevada poker players announced that they were filing a class-action lawsuit against the site, hot on the heels of Phil Ivey dropping his own lawsuit against Full Tilt’s parent company.
Today, it looks like the investors are back, and things may finally be getting serious. The Alderney Gaming Control Commission has released a statement that seems to imply that Full Tilt Poker may be getting its license back sooner than expected. The statement, which is posted in full at the AGCC website, describes how the AGCC is in early discussions with Full Tilt and an unnamed “third party” to potentially refinance the site. (The “third party” almost certainly refers to the aforementioned European investors.) The statement goes on to describe how the ultimate goal of the discussions is to re-open the site to both current and prospective members.
The brief announcement concludes by noting that nothing is official just yet, and that the interview posted by Gamblingcity.net with supposed AGCC employee “Werner Bers,” which describes the AGCC’s reasoning for suspending FTP’s license, is indeed fake.
For U.S. players, a refinancing of Full Tilt Poker would likely mean the full return of funds. However, the site would remain closed for play to the U.S. indefinitely, or at least until legislation such as what’s currently being offered by Representative Joe Barton passed into law.
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