Full Tilt hearing latest

July 26, 2011, Posted by Pokerfarm

Close to 100 of the world's poker media assembled at the Victoria Park Plaza Hotel this morning to hear news of Full Tilt's plans going forward. Representatives from the Alderney Gambling Control Commission sat opposite members of FTP's legal team and after being introduced, Full Tilt's council submitted their request for a pre-hearing application for adjournment.

They based their application on concerns 'in the interests in justice' claiming that any ongoing negotiations surrounding potential acquisitions could be affected should members of the public be present.

In short, FTP do not want to air their dirty laundry in public. The AGCC brought up the issue of FTP owing £250,000 in unpaid licence fees, and FTP's counsel retorted that these fees would be paid in full should their licence be reinstated. 

It was fairly evident that FTP's wishes for a hearing 'in camera' would be granted. Once this decision was reached a collective sigh was audible from members of the public and poker media. Kudos to poker pro and businessman Harry Demetriou who stood up in protest and questioned the rights of the players. 'What about protecting the players' Demetriou shouted on his way out.

Members of the public weer ushered out soon after and FTP's hearing continues in private. We're camped across the road from the hotel and it seems we'll be allowed back in within a couple of hours. We'll bring you the very latest as it happens...