The presence of gambling authorities is hardly felt by the average online gambler although they play a very important role in the online gambling industry. They license online casino and online poker room operators, thereby ensuring that the rights of online gamblers are fully protected. Recently, the US Department of Justice (DOJ) successfully shut three 3 major online poker rooms Full Tilt, Absolute, and PokerStars and indicted 11 persons associated with these online poker sites of a wide range of crimes including money laundering and bank fraud. The different gambling jurisdictions, which have issued licenses to each of these 3 online poker rooms, have issued statements regarding the recent indictments.
The Kahnawake Gaming Commission (KGC), which had issued a license to Absolute Poker, has stated that it is chiefly concerned about the adverse effects of the move made by the DOJ on the poker players who have registered accounts at Absolute Poker. The KGC said that it will discuss player safety issues with its licensee and will conduct a review, at the end of which it promises to make another official statement.
The Isle of Man Gambling Commission, which had issued a license to PokerStars, has stated that it is aware of the DOJ indictment and that it is conducting regular discussions with PokerStars regarding the indictment and making note of the developments. Isle of Man specifically confirms that the license it has issued to PokerStars will not be changed or modified in any way. The commission also adds that it is doing everything in its power to ensure that players can withdraw the funds in their PokerStars accounts any time they wish.
Alderney Gaming Control Commission (AGCC), which had issued a gambling license to Full Tilt Poker, makes a comprehensive statement, in which it promises to review the various documents that affect Full Tilt Poker and to conduct a thorough independent investigation of the various allegations leveled against the founder-operators of the online poker room. The AGCC has also promised that it will make further statements once it has completed its investigations.
Acknowledging the fact that it is aware that its licensee has denied all allegations, the AGCC reveals that the online poker room had taken legal advice about the gambling services it proposed to launch when it was granted the license to offer online poker services. The AGCC has also expressed its concerns for the adverse effects of the indictment on Full Tilt players worldwide.