Article published on 26 July 2011

American Customers Left in the Dark Over Proposed Full Tilt Purchase

Investors interested in buying UK and Irish assets of Full Tilt Poker
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American customers have largely been left in the dark since the US Department of Justice shut down Full Tilt Poker on Black Friday. Since that time Full Tilt has seen their licenses suspended by the Alderney Gambling Control Commission (AGCC). In addition, American customers are owed more than $100 million after their accounts with the online poker room were suspended.

Now, potential investors appear to be concerned with the purchase of the UK and Irish assets of the poker site and negotiations between the unnamed European investors and Full Tilt do not mention the US-based arm of the site.

The AGCC will hold a public hearing on Tuesday into the suspension of their Full Tilt licenses. Full Tilt will be represented by Jeffrey Green Russell, a London-based firm.

KGC To Review License

Recent developments have been a cause of concern for US customers and now it seems that Canadian customers may be brought into the turmoil as well. Full Tilt holds a Secondary Client Provider Authorization with the Kahnawake Gaming Commission (KGC).

The KGC announced last month that they were "reviewing all available information" in regards to Full Tilt Poker and that they would use this information "to determine whether the Secondary CPA presently held by [the site] will be continued."

It has recently been revealed that Full Tilt Pro, Phil Gordon was "voluntarily dismissed" from a class action lawsuit that was filed by Robin Hougdahl, Nick Hammer, Steven Segal and Todd Terry. Gordon stated that he has always maintained the "highest standards of conduct (and) repeatedly emphasised that Full Tilt should repay the US players as quickly as possible." Other pros are still mentioned in the lawsuit, including the likes of Phil Ivey, Patrik Antonius, Allen Cunningham, Gus Hansen, Mike Matusow, Andy Bloch, Erik Seidel, Erick Lindgren, Jennifer Harman, John Juanda, Chris Ferguson, Nelson Burtnick, Howard Lederer and Ray Bitar.

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