Independent Review of Alderney Gambling Control Commission Actions About Full Tilt Poker
Media Release
7th December, 2011
Alderney Gambling Control Commission launches independent review of its actions and response in relation to Full Tilt Poker
Alderney Gambling Control Commission (AGCC) has announced that it is to establish an independent, external, review of its actions and processes leading up to the suspension, and eventual revocation, of licences belonging to Vantage Limited, Filco Limited, and Oxalic Limited together trading as Full Tilt Poker (FTP). This decision has been taken in order to provide full transparency and therefore AGCC has appointed Peter Dean CBE – former Chairman of the British Gambling Commission – to conduct the review.
André Wilsenach, Executive Director, stated:
‘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.
‘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.’
Mr Dean has been asked to present a final report and recommendations to the Commission by the end of March 2012.
ENDS
For further information, please contact Richard Jukes (Grayling) on 020 7932 1848
Notes to Editors;
1. The licences of Vantage Limited, Filco Limited, and Oxalic Limited (trading as Full Tilt Poker) (FTP) were suspended by the Alderney Gambling Control Commission on 29th June 2011, and revoked by the AGCC Commissioners on 29th September 2011.
2. The determination notice containing the decision of the Commissioners and reasons for it is available at http://www.gamblingcontrol.org/userfiles/file/Determination%20Notice%20290911.pdf
3. Scope of review: A review of the actions taken by AGCC against FTP considering AGCC’s statutory obligations, focussing specifically on the appropriateness, timeliness and fairness of the actions undertaken.
4. Peter Dean CBE
Peter Dean was Chairman of the Gaming Board for Great Britain, and subsequently the Gambling Commission, from 1998 to 2007. 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. Before that, he was an Executive Director of the international mining company Rio Tinto Plc for over ten years. He has a legal background and is a former Chairman of the International Association of Gaming Regulators.
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