ARJEL Suspends Full Tilt Poker License in France
05 July 2011
It has seem to go from bad to worse for Full Tilt poker since the April 15th indictments from the U.S. government. Their U.S. business cut off, do repayments to U.S. players, European license revoked and now it seems Full Tilt Poker in France no longer has a license either.
The French site is run by a company named Rekop Limited. The Regulatory Authority of online games (ARJEL )in France meet Monday and asked Full Tilt to generate new bank certificates to show that it has the money to repay French players if withdrawals were asked for.
It seems that the Full Tilt poker French site has been down for about a week. ARJEL has asked that Rekop Limited resume service to its website immediately so players can have access to their accounts. As of this writing the site is still not functioning.
According to a decision written here, and translated, Rekop Limited license has been suspended. Though no official statement has been made by ARJEL, we can only assume it has been suspended until bank statements and financial stability can be established.
There has been no word how this may effect, if in any way, the European investors looking to buy Full Tilt Poker.
19 October 2015BetConstruct Now Holds a License to Operate in Spain
About five or six years ago, countries in Western Europe started regulating the online gambling industry on a country-by-country basis. Spain was one of the first countries to do so in the region, and they were one of the pioneers in what's now known as standard operating procedure for countries who want to regulate online gambling. They've recently awarded a license for BetConstruct's sports betting platform, and that's huge news for the company for a variety of reasons.Read full article
17 October 2015Steam Gaming Platform Target for Full Tilt
Full Tilt Poker has recently applied to become a part of the Steam online gaming platform. This platform helps to put out games for online and computer-based play (as well as play through smart televisions), and it could lead to some pretty interesting situations if they're able to get included. We haven't really heard of any online gambling site trying to get in on a gaming network like this before, so it's really a new development in every sense of the word. How Steam WorksRead full article
08 October 2015Another Set of Full Tilt Payments Are Being Issued
On April 15, 2011, an event happened in the online poker world that's been dubbed Black Friday. This event had to do with US federal indictments against a number of the top online poker rooms in the world including PokerStars and Full Tilt Poker. The Rational Group, owner of PokerStars, made a deal with the Department of Justice to purchase Full Tilt Poker and pay off the balances for all of their players since Full Tilt didn't have the funds to do so on their own.Read full article