Full Tilt Poker’s upcoming hearing before the Alderney Gambling Control Commission will be held behind closed doors, according to a recent report. The public will receive all of its information second hand once the proceedings get underway on September 19. This decision was made on the request of Full Tilt, who feel that privacy during their rough patch is of the utmost importance.
“I am pleased,” said AGCC Executive Director Andre Wilsenach, “that the FTP hearing will continue as scheduled, as was argued on my behalf. However, I am disappointed with the tribunal’s decision that, notwithstanding my arguments to the contrary, the hearing will be held in private. I believe the public has a right to know the reasoning behind the decisions to suspend FTP’s licences and call a hearing, and to hear the evidence that will be put forward on my behalf. It is my understanding that the tribunal conducted a difficult balancing exercise of the interests of the various parties, taking into account the legal arguments for and against further postponing the hearing, and for and against allowing the public to attend the proceedings.”
The above comments come courtesy of iGaming Business, who reprinted a portion of Wilsenach’s statement earlier today.
For now, players and advertisers remain out in the cold. Full Tilt currently owes a great deal of money to its former users, and their media partners have been actively seeking a way to file recovery claims. With both the Alderney hearing and a possible purchase on the horizon, the future for the current management team at Full Tilt is fairly bleak. No matter the final decisions, it is likely that the company will not relaunch with its current leadership at the helm.
Full Tilt Poker has another lawsuit on their hands, this time by virtue of Canada’s Consumer Law Group. This lawsuit, of the class action variety, was filed in the Superior Court of Quebec on September 8. It bases its case upon the claims of “crypto gambling in Canada who have money being held in their Full Tilt Poker Player Accounts since approximately June 30th 2011, or any other group to be determined by the Court,” according to the official release.
Contrary to expectations, the primary victims in this lawsuit are not the highrollers who boasted massive online bankrolls. Instead, says the Montreal Gazette, “The lead plaintiff in the class action is a Montreal man, Mitchell Schnurbach, who had between $1 and $5 in his player account.” Indeed, a great deal of the players involved in the class action lawsuit have “much smaller accounts,” according to Consumer Law Group lawyer Jeff Orenstein.
While the majorty may be small, the total estimated loss for Canadian players is estimated to be between $5-$10 million.
Since the events of Black Friday, Full Tilt has faced major problems on several fronts. Things came to a head in late June, when the British gaming commission of Alderney revoked the company’s online license. Since then, players across the globe have been locked out of their accounts. Several lawsuits have been filed against the former online gaming giant, of which this Canadian effort is the latest.
While a hearing before the Alderney commission is scheduled to take place in the near future, delays and a possible purchase by outside investors continue to cast a cloud over Full Tilt and its former players.