Kahnawake Grants Full Tilt Poker License
Full Tilt Poker has had its Secondary Client Provider Authorization (CPA) renewed by the Canadian based Kahnawake Gaming Authority, it was reported today.
The decision has surprised the industry, including the United States Department of Justice, as well as the Alderney Gambling Control Commission, which only recently ordered the online poker room to halt operations.
The AGCC suspended Full Tilt Poker's license after the US DOJ crackdown on April 15, stating that the site could clearly not guarantee to pay out its players.
Despite a hearing being held on July 26th to discuss the matter in public, the Alderney Commission decided to suspend the talks in a bid to allow Full Tilt to finalize negotiations with a group of investors who are interested in acquiring the group.
Full Tilt has been given until September 15th to reach a final deal with the investors before it is brought back for another hearing.
Two Year License
In a statement this morning, the Kahnawake Commission said that it had renewed Full Tilt's secondary license for a period of two years, effective the beginning of August, 2011.
The statement read:
"To maintain a Secondary CPA, a licensee must maintain a valid license to operate interactive gaming that has been issued by a comparable jurisdiction (the "primary jurisdiction"). Accordingly, the Commission is closely monitoring the proceedings being conducted by the Alderney Gambling Control Commission concerning the egambling licenses held by Filco Limited, operating as Full Tilt Poker."
"The AGCC has confirmed to the Commission that, although the egambling licenses held by Filco Limited are presently suspended pending the outcome of a hearing, these licenses are still considered to be valid."
US online poker players are said to be furious with Kahnawake for 'rewarding' Full Tilt with a license renewal at a time when it should be pressured into paying back the money owed to them.
