Full Tilt Poker Trying to Regain Legitimacy

Full Tilt Poker AccountsFull Tilt Poker Trying to Regain Legitimacy

After the Department of Justice’s crackdown on online poker sites in the United States basically shut them down, Full Tilt Poker lost its licence. However, the loss was not solely due to the shutdown.

The licence suspension occurred because FTP owed close to $400,000 to Alderney Gambling Control Commission. Alderney is the third largest of British Channel Islands, which are recognized as a leading center of off-shore finances.

Since its primary licence suspension, FTP has been able to obtain a secondary licence for two years from Kahnawake, located in Quebec, Canada and operated by the Mohawks.

 

Full Tilt Poker hopes to be able to settle all its licence and fee problems to regain its legitimacy and attract investors.

Unfortunately for FTP, even if they do get things straightened out, they may not regain their players. Those who had money with Full Tilt Poker accounts have yet to see any of it paid back to them.

August 19, 2011 by : posted in Poker News No Comments