The 26thof July 2011 is going to be D-Day for Full Tilt Poker as this is the date that has been chosen by the AGCC or the Alderney Gambling Control Commission for holding a public hearing for the site.
On the 26th, Full Tilt Poker will got to trial for the accusations made against the site. Full Tilt Poker will be inquired regarding the functioning of the company and they would be required to answer questions regarding their secretive nature. They will also be questioned regarding the mix-up of funds and about why the player’s account funds have been mixed up with their operating costs due to which they lack funds enough to refund the players. Full Tilt Poker should be clarifying rumors regarding the sale of the company and it should also be settling any other rumors to rest.
It would be in the interest of the company if Full Tilt Poker comes clean regarding its activities at the hour of the hearing. Any more lag on their part would only bring up more problems in the future for Full Tilt Poker.
The hearing will be held at 10am on the 26th of July 2011 at the Park Plaza Victoria Hotel in London. The idea behind this hearing is to make things transparent between the AGCC and Full Tilt as well as the people in general whose money is at stake. The AGCC had suspended Full Tilt Poker’s license considering the fact that the company’s activities within the United States and outside its borders were questionable.
André Wilsenach, the Executive Director for the commission also commented on the issue. He remarked that the choice to hold a public hearing regarding the future and ongoing functions of Full Tilt Poker shows how the AGCC is willing to be transparent regarding the whole matter. Hence the AGCC has welcomed members from the media and the public to this hearing. They have clearly stated that their utmost concern lies in the protection of the players.
Full Tilt Poker’s license was suspended by the AGCC after it was seen that their activities are still questionable, and it was prompted by the investigation and indictments that were made through the US Attorney General’s Office in New York on the 15th of April 2011. It is still unclear whether any shareholders of Full Tilt Poker will show up at this hearing. Full Tilt Poker and its shareholders have still managed to keep some things under wraps, and hence their true identities are still doubtful.