Full Tilt Poker Pays Alderney Overdue Licensing Fees

» Posted on 09/13/2011
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Full Tilt Poker may not have gotten it together to pay players back yet after their Black Friday related closure, but they've at least taken care of paying the overdue licensing fees with the Alderney Gambling Control Commission, bringing the site one step closer to some sort of recovery from recent events.

Following a July 26 hearing in London, Full Tilt Poker has just paid £250,000 owed, not to players, but to the Alderney Gambling Control Commission, who suspended FullTilt's license following the events of Black Friday.

In a regularly updated statement put out by the site, this move is intended to make Full Tilt Poker a more attractive package to potential buyers or investors who might somehow help the site get operational again and maybe even able to start paying players back.

While this makes FullTilt current on their licensing payments, with their next payment not due until July of 2012, their license has still not been renewed after the AGCC suspended the site's license to operate on June 29, 2011.

Rumors about FullTilt's private negotiations with an as-yet unnamed individual interested in investing in the site have not been confirmed, however the alleged investor is supposedly interested only in FullTilt's Irish and UK assets.

The soonest that Full Tilt Poker's suspended license may be renewed is at its next hearing said to be taking place no later than September 15, 2011.

Also ambiguous in its ramifications was recent news that the Kahnawake Gaming Commission renewed FullTilt's Secondary Client Provider Authorization.

William Hill

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