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In a shocking move that may signal the end of the once powerful online poker site, Full Tilt Poker had their license pulled by the Aldernay Gambling Control Commission early Wednesday morning. After their license was suspended Full Tilt Poker was ordered to suspend all operations by the AGCC, and soon thereafter the site went dark, and players are greeted with a “Down for Maintenance” message.

In a statement released by the AGCC they pointed to an ongoing investigation since April 15 as the reason for suspending the license of Full Tilt Poker, and explained what rules were violated and what the penalties for these violations will be:

Alderney Gambling Control Commission (AGCC) has today issued Hearing Notices under Regulation 46 of the Alderney eGambling Regulations, 2009 to the above named companies who collectively trade as FULL TILT POKER.

In addition, AGCC has issued Suspension Notices under Regulation 47 of the Alderney eGambling Regulations, 2009 to the above named companies requiring them to immediately suspend operations.

The above named companies must, until the Suspension Notices are cancelled or the Commissioners of AGCC have reached a determination at the conclusion of the hearing convened in accordance with Regulation 46 of the Alderney eGambling Regulations, 2009 cease to exercise their eGambling licenses, which means that these licensees must from today cease to:

•Register new customers;
•Accept deposits from existing customers;
•Allow existing customers to withdraw funds that are held in their accounts; and
•Permit customers to participate in any form of poker game play or gambling transaction.

The Alderney Gambling Control Commission will hear the matters contained in the Hearing Notices at a Regulatory Hearing which will commence at 10.00am on Tuesday 26th July, 2011 at the Victoria Park Plaza Hotel, 239 Vauxhall Bridge Road, London SW1V 1EQ. In the event that there is a change to these details this notice will be amended.”