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AGCC Releases Statement on Full Tilt's Application to Adjourn
The Alderney Gambling Control Commission has released a statement confirming its acceptance of Full Tilt Poker’s application to adjourn the hearing into the future of its gaming licenses.
The pre-hearing application was conducted on camera July 27, 2011 in London, England. After hearing arguments made on the behalf of Full Tilt, the AGCC granted an adjournment until no later than September 15, 2011.
The main factor in this adjournment appears to be Full Tilt Poker’s ongoing efforts in seeking new commercial arrangements that will lead to a better outcome for its online poker players.
Below is the media release in full:
Full Tilt’s application to adjourn: Heard in camera and granted - 27 July 2011
At a hearing yesterday the Commissioners of Alderney Gambling Control Commission (AGCC), acting as a tribunal, decided that the application for an adjournment of the hearing into the future of the licences issued to Full Tilt Poker (FTP) be conducted in camera. Following the hearing of this application, the Commissioners decided to adjourn the substantive hearing of the allegations against FTP. As part of their ruling the Commissioners emphasised that the substantive hearing into the future of these licences still needs to take place.
As a result of the arguments on behalf of FTP during the pre-hearing application the Commissioners decided to adjourn the hearing as they felt it was in the best interests of FTP’s customers. A key consideration in their decision was to allow FTP licensees ‘to further pursue advanced commercial negotiations which could lead to a more beneficial outcome for player interests’.
The Commissioners adjourned the substantive hearing to commence as soon as possible and in any event not later than 15th September. Further details regarding the exact date and venue of the substantive hearing will be announced as soon as practical.