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Poker News |

Full Tilt Poker no more

Poker giant has its license suspended

After all the trouble Full Tilt Poker experienced in the past few weeks, regarding payout matters and the following suspension of its license by the Alderney Gambling Control Commission, PokerStars wishes to assure its customers that their funds are completely safe and that their operations are completely unaffected. The Isle of Man Gaming Commission re-affirmed that PokerStars' worldwide licensing is intact and that operations are in full compliance with all of its requirements. PokerStars' online operations continue as normal and all funds in players' accounts are safe and available for withdrawal as usual with no delays.

PokerStars also remains in full compliance with its licenses in other jurisdictions, including France, Italy and Estonia.

As provided under licensing, PokerStars has always maintained the integrity and security of its players' funds, by keeping all such funds in segregated bank accounts, always available for immediate withdrawal.

Since the actions of US Department of Justice in April, Poker Stars has returned more than $120 million to US players and continues to act upon requests as they are received. Players outside the US have not been affected and all cash-outs have been processed without delays. Further, PokerStars entered into an agreement with the Department of Justice which expressly confirmed the company's ability to operate outside the US.


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MoneyBookers meanwhile announced that it has stopped accepting all deposits made to Full Tilt Poker.

The company statement says:
"Over the last couple of weeks, we’ve become aware of a situation where Full Tilt has not honoured customer pay-outs and we’ve been working to try and resolve this issue on our customers’ behalf. Unfortunately this hasn’t been possible and today’s suspension of their license by the Alderney Gambling Commission has validated our decision.

We apologise for any inconvenience caused to our customers and hope you understand that extraordinary circumstances, beyond our control, have brought about this action."

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