December 07, 2011

AGCC launches external review of actions against Full Tilt

The Alderney Gambling Control Commission (AGCC) has launched an independent review of its actions and processes leading up to the suspension and eventual revocation of licences belonging to Full Tilt Poker, which will be conducted by the former chairman of the UK Gambling Commission, Peter Dean CBE.

The AGCC said the decision had been taken in order to provide full transparency of the actions taken by the commission against Full Tilt, focussing specifically on the appropriateness, timeliness and fairness of the actions undertaken.

The licences of Vantage Limited, Filco Limited, and Oxalic Limited (together trading as Full Tilt Poker) were suspended by the AGCC on June 29th 2011 and revoked by the AGCC Commissioners on September 29th.

“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 AndrĂ© Wilsenach, AGCC’s executive director. “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.”

The AGCC has appointed Peter dean CBE, the former chairman of the UK Gambling Commission, to conduct the review.

Dean was chairman of the Gaming Board for Great Britain, and subsequently the Gambling Commission from 1998 to 2007. Prior to this, he was deputy chairman of the UK’s Monopolies and Mergers Commission from 1990 to 1997 and from 1996 to 2001 served as the Investment Ombudsman appointed by the Investment Management Regulatory Organisation (IMRO) to handle complaints against IMRO regulated companies. He is also a former chairman of the International Association of Gaming Regulators

“I am delighted that Peter Dean has agreed to conduct the review,” continued Wilsenach. “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.”

Dean will present a final report and recommendations to the Commission by the end of March 2012.

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