Dec 9 2011

AGCC announces independent review over Full Tilt actions

written by: Steve under News Comments: Comments Off

After numerous complaints by poker players and poker industry leaders, most notably Tony G threatening the Aldernay Gambling Control Commission (AGCC) with a lawsuit, the AGCC has authorized an independent review into the regulatory agency’s handling of Full Tilt Poker over the past year.

The AGCC released a statement on Wednesday detailing the review process, which will be headed by former Chairman of the British Gambling Commission, Peter Dean, and at the same time the AGCC denied any wrongdoing, “We believe we acted appropriately and fairly at all times…”

Dean will have until the end of March to report his findings, and we can only hope that the AGCC fully cooperates with the investigation –I’m extremely curious to see what type of correspondence took place between the AGCC and Full Tilt Poker in the months before and after Black Friday.

Here is a look at the full statement released by the AGCC on the independent review:

“As soon as we became aware that there were possible irregularities in relation to FTP’s operational integrity AGCC acted to discharge fully our statutory obligations.” said AGCC Executive Director André Wilsenach.

“We believe we acted appropriately and fairly at all times but, following our own internal assessment and the inevitable questions that have been raised by third parties, the Commission decided that it is in the best interests of players, licence holders and AGCC itself to commission an independent review and to make the outcome public.

“I am delighted that Peter Dean has agreed to conduct the review. He has many years of experience at the top of the British Gambling Commission and commands wide respect from operators and regulators alike. He has been asked to review fully the actions taken by AGCC in respect of FTP and to focus specifically on the appropriateness, timeliness and fairness of those actions.”

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