The Alderney Gambling Control Commission was the organization responsible for the licensing of the Full Tilt Poker site and as a result of this has received a lot of flak from the media as a result of this. Contributing factors to this that helped to stir the pot was that the Alderney Gambling Control Commission was very slow to respond to the Black Friday situation and revoke the site’s licenses.
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On account of this, the Alderney Gambling Control Commission had to deal with the rap of having bad licensing protocol and monitoring procedures. This was because the AGCC failed to act when Full Tilt Poker was closed down by the Department of Justice and had its assets seized. It also took its time while players waited for their money and Full Tilt Poker went silent. Gradually, as reports surfaced of the Full Tilt Poker’s site bad financial player fund management, the AGCC decided to act.
And, once the Alderney Gambling Control Commission did realize that they were backing a losing horse, they washed their hands off the matter quite thoroughly beginning with publishing a report on their dealings with the Full Tilt Poker site.
A more recent step taken to ensure that the public is made aware of the Alderney Gambling Control Commission’s clean reputation was hiring an independent organization to review their dealings with Full Tilt Poker – both before and after Black Friday.
According to the report, the investigation found that the “AGCC fulfilled its statutory obligations in relation to FTP and that its actions were appropriate, timely and fair.” André Wilsenach, who acts as the Executive Director at the AGCC, was quite happy with the results and commented on being described as ‘appropriate, timely and fair,’ by saying, “That is the standard to which we aspire.”
Peter Dean, who was once Chairman of the British Gambling Control Commission, remarked on issue stating, “Alderney’s regulatory system for gambling is comparable to those prevailing in other well regarded jurisdictions, and AGCC is respected round the world as a regulator demanding high standards of probity from its licensees.”
The report also made it clear that it was the FTP lawyers that kept the AGCC in the dark, “Throughout its dealings with FTP, AGCC relied to a significant extent on FTP’s external lawyers as a channel of communication. They played a prominent role in the arrangements for satisfying AGCC about the credentials of the owners of associated companies. In principle, however, AGCC should establish a proper direct relationship with its licensees and not resort to intermediaries as a matter of routine.”

Tight Poker Staff

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Tight Poker Staff

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For nearly two decades, we’ve provided the best in class for poker site reviews, top online poker bonuses, strategy tips, poker news, and exclusive free poker content.  Consisting of a team of poker and gambling experts, we deliver the best online poker brand experience for players of all levels, from the fish to the sharks.
For nearly two decades, we’ve provided the best in class for poker site reviews, top online poker bonuses, strategy tips, poker news, and exclusive free poker content.  Consisting of a team of poker and gambling experts, we deliver the best online poker brand experience for players of all levels, from the fish to the sharks.