It was recently released that Full Tilt Poker successfully renewed their Secondary Client Provider Authorization (CPA) with the hk prize Gaming Commision (KGC) for a period of two years. This is despite the fact that the Alderney Gambling Control Commission (AGCC) recently suspended Full Tilt’s primary license.
Full Tilt Poker, previously one of the best US poker sites around, was forced to close their doors to Americans on April 15th due to US indictments. They continued to offer games to those outside of the USA until June 29th when their primary license with the AGCC was taken away. This caused even players outside of the States to have their funds frozen.
According to the KGC’s press release, Full Tilt is required to have a valid primary license in order to keep their Secondary CPA. As such, they are watching the outcome of the site’s situation with the AGCC very closely. Currently Full Tilt’s primary license is still valid despite being suspended, but this could change depending on a hearing scheduled for September 15th.
Full Tilt’s hearing with the AGCC was originally scheduled for July 26th, but it ended up being adjourned until September. The site’s lawyer requested this because he did not want to jeopardize negotiations with a potential European investor. In theory this investor would pump money into the company so that Full Tilt could mend its situation with the AGCC, pay Americans back, and resume business.
It is a waiting game until at least September 15th, and players around the world are being forced to cope with the reality that they may not see their Full Tilt money for a very long time. If you are looking for something to keep you busy in the meantime, you have a few options. Poker lovers living in the USA could try playing on the Merge network. If you like casino games, you can try a no download free casino. Whatever you do, good luck with your games and cross your fingers in September.
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