The Alderney Gambling Control Commission also known as the AGCC, released a report into its dealings with the Full Tilt Poker site. The report was conducted by an independent organization that was hired by the Alderney Gambling Control Commission to evaluate the relationship between the two companies. The report reviewed dealings between Full Tilt Poker and the AGCC before and after the events of Black Friday.
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Some of the findings report that Full Tilt Poker’s shady dealings had been going on for some time and that Full Tilt Poker had been well lawyered up to deal with queries put forth by the Alderney Gambling Control Commission.
According to the report “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.”
The report also revealed that the AGCC later realized that the Full Tilt Poker site had not been transparent in its dealings with them and made an effort to ensure that their system changed to ensure such an occurrence could not take place again. “In its internal post-mortem AGCC was self-critical about its failure, when assessing FTP’s licence applications and subsequently, to recognise certain weaknesses in FTP’s corporate structure and governance arrangements. These weaknesses stood in marked contrast to FTP’s technical and operational expertise, which was by common,” the report stated.
It has become clear that the reason the Full Tilt Poker site was able to get away with its bad management of player funds and financial transactions was because the AGCC site allowed for the FTP site to deal with the Commission via a third party – namely their lawyers.
The report also made clear that the Alderney Gambling Control Commission needed to set its house in order and remove the third –party relationship it had with its licensees. “In principle, however, AGCC should establish a proper direct relationship with its licensees and not resort to intermediaries as a matter of routine,” said Peter Dean, the author of the report.
Andre Wilsenach, the executive director of the Alderney Gambling Control Commission claimed that the purpose of the report was, “to reassure ourselves, and those who take an interest in our activities, that should mistakes have been made then we would recognize them, and if lessons could be learned that we would learn them.”

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