Major online poker room ordered to halt operations

Jun 29, 2011
A man plays poker on his computer connected to an internet gaming site from his home in Manassas, Virginia, 2006. One of the largest online poker rooms, Full Tilt Poker, was ordered Wednesday to immediately halt operations by authorities on the Channel Island of Alderney, where it is registered, the regulator said.

One of the largest online poker rooms, Full Tilt Poker, was ordered Wednesday to immediately halt operations by authorities on the Channel Island of Alderney, where it is registered, the regulator said.

The Control Commission of Alderney said it had suspended the licence of Full Tilt Poker after US authorities charged 11 people in April in a crackdown on Full Tilt and two other online poker companies.

"The decision to suspend the eGambling licence was in the public interest and because of the seriousness and urgency of the matter," Andre Wilsenach, the executive director of the commission, said in a statement.

There will now be a regulatory hearing on July 26 in London.

It said the decision followed a "special investigation" after the founders of Full Tilt Poker, PokerStars and Absolute Poker were among those charged with , money laundering, and other offenses in an indictment unsealed on April 15 by the US attorney for the southern district of New York.

The investigation found there were grounds "to indicate that these licences and their business associates were operating contrary to Alderney legislation".

While Internet gambling has been illegal in the United States since 2006, online poker remains a multi-billion industry with companies using a variety of ways to flout the law, including locating their operations offshore.

The US ban on has been challenged as an unfair trade restriction at the .

France's online gaming legislator on June 16 fined Full Tilt poker 10,000 euros (14,400 dollars) for failing to store information properly.

Explore further: Twitter takes note of other apps on smartphones

add to favorites email to friend print save as pdf

Related Stories

Poker domain names unfrozen to allow refunds

Apr 20, 2011

US authorities said Wednesday they were unfreezing the domain names of two online poker companies targeted in a crackdown on Internet gambling so US players could withdraw their money.

First guilty plea in US online poker case

May 24, 2011

The American president of a Costa Rica-based company is facing up to 30 years in prison after pleading guilty to illegally processing payments for Internet poker firms.

11 charged in US crackdown on online poker

Apr 15, 2011

Eleven people have been charged with bank fraud, money laundering, illegal gambling and other offenses in a crackdown on the three largest online poker companies operating in the United States.

Caesars CEO: Poker indictments present opportunity

Apr 26, 2011

(AP) -- Federal indictments targeting the three largest online poker companies present an opportunity for the United States to fully legalize and regulate the $6 billion industry, the chief executive of the world's largest ...

Group says poker winnings are frozen

Jun 10, 2009

(AP) -- An advocacy group for online poker said Tuesday that the federal government has frozen more than $30 million in the accounts of payment processors that handle the winnings of thousands of online poker players.

Recommended for you

UN moves to strengthen digital privacy (Update)

Nov 25, 2014

The United Nations on Tuesday adopted a resolution on protecting digital privacy that for the first time urged governments to offer redress to citizens targeted by mass surveillance.

Spotify turns up volume as losses fall

Nov 25, 2014

The world's biggest music streaming service, Spotify, announced Tuesday its revenue grew by 74 percent in 2013 while net losses shrank by one third, in a year of spectacular expansion.

Virtual money and user's identity

Nov 25, 2014

Bitcoin is the new money: minted and exchanged on the Internet. Faster and cheaper than a bank, the service is attracting attention from all over the world. But a big question remains: are the transactions ...

User comments : 2

Adjust slider to filter visible comments by rank

Display comments: newest first

SteveL
5 / 5 (1) Jun 30, 2011
Someone didn't get their bribe money?
FroShow
1 / 5 (1) Jun 30, 2011
I can't imagine trusting my money with any on-line gambling sites.
I've always thought of gambling as a "stupidity tax". (Except when playing poker with buddies, 'cause then my long-term odds aren't guaranteed to net a loss.)

Please sign in to add a comment. Registration is free, and takes less than a minute. Read more

Click here to reset your password.
Sign in to get notified via email when new comments are made.