Full Tilt Gaming License Suspended - **ALL PLAY AND CASHIER HALTED** - Internet Poker

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Full Tilt Gaming License Suspended - **ALL PLAY AND CASHIER HALTED**

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06-29-2011 , 05:56 AM

Do it Right

Pooh-Bah

Join Date: Jul 2010 Posts: 3,890

http://www.egrmagazine.com/news/1673...-licence.thtml

06-29-2011 , 05:57 AM

Do it Right

Pooh-Bah

Join Date: Jul 2010 Posts: 3,890

Implications?

06-29-2011 , 06:01 AM

TomVeil

Carpal \'Tunnel

Join Date: Oct 2006 Posts: 19,374

Exciting implications.

06-29-2011 , 06:09 AM

luckystrike23

enthusiast

Join Date: Apr 2008 Posts: 81

the implications is to get your money out if you can and not touch them with a bargehole... play at partypoker/888poker/ongame - one of the european networks - not even pokerstars is safe with a multi-billion indictment on their head.

06-29-2011 , 06:13 AM

Alrighty Roo

Carpal \'Tunnel

Join Date: Jun 2011 Posts: 16,269

Quote:

Originally Posted by luckystrike23

I literally just withdrew this second after hearing the news, I only had $30.90 on there and the minimum withdrawal is fiddy (which is why I didn't withdraw immediately following BF) so I risked depositing another $20 to get my $30 back, I'll see if the gamble pays off....

06-29-2011 , 06:14 AM

sixfour

should be called sevenfour

Join Date: Dec 2005 Posts: 74,774

so that doesn't actually say why they've done it or what the effect of it is

06-29-2011 , 06:15 AM

cschopke

enthusiast

Join Date: Jun 2011 Posts: 54

I'm at work so I can't withdraw =/ Tried to withdraw via their mobile client but that only had deposit options (of course). Guess my $250 is riding out the storm...

EDIT: although now that I think about it, losing a license that didnt really do anything in the first place doesn't seem like it will directly affect the status quo much - could be wrong though

06-29-2011 , 06:15 AM

Alrighty Roo

Carpal \'Tunnel

Join Date: Jun 2011 Posts: 16,269

Well presumably gaming license suspended = all gaming operations must stop, so the effects could be massive. I won't totally believe it until I see some sort of corroboration with this article though, we'll see...

06-29-2011 , 06:16 AM

sixfour

should be called sevenfour

Join Date: Dec 2005 Posts: 74,774

Quote:

Originally Posted by Alrighty Roo

Well presumably gaming license suspended = all gaming operations must stop

well if that happens and it's as a result of whining americans complaining to them, they've kind of shot themselves in the foot if they hope to get paid

06-29-2011 , 06:17 AM

#10

exec771

Carpal \'Tunnel

Join Date: Jun 2007 Posts: 17,484

Quote:

Originally Posted by TomVeil

Exciting implications.

Exciting isn't the word that comes to my mind

More like **** **** *** ******* ********

06-29-2011 , 06:17 AM

#11

mocky

veteran

Join Date: Mar 2007 Posts: 2,517

**** just got real

06-29-2011 , 06:18 AM

#12

Alrighty Roo

Carpal \'Tunnel

Join Date: Jun 2011 Posts: 16,269

Quote:

Originally Posted by sixfour

well if that happens and it's as a result of whining americans complaining to them, they've kind of shot themselves in the foot if they hope to get paid

Yeah, perhaps. Although I wonder what percentage of players won't mind losing their $ as long at FT get what they deserve.

06-29-2011 , 06:20 AM

#13

luckystrike23

enthusiast

Join Date: Apr 2008 Posts: 81

I'm sure they haven't suspended their license without a lot of thought on the consequences - I doubt if fulltilt is solvent at all at this stage and the license suspension gives them a hammer blow. I can't see Jack Binion investing in fulltilt now!!

06-29-2011 , 06:23 AM

#14

Alrighty Roo

Carpal \'Tunnel

Join Date: Jun 2011 Posts: 16,269

Quote:

Originally Posted by luckystrike23

I'm sure they haven't suspended their license without a lot of thought on the consequences

In my experience this isn't how a lot of businesses, governments or regulating bodies think, but I suppose there are exceptions.

06-29-2011 , 06:24 AM

#15

Messenjupp

veteran

Join Date: Aug 2008 Posts: 3,329

Not sure if thats the appropriate forum but maybe someone can point out what a gaming licence is really needed for. Does this mean that FTP will have to stop their service soon without a licence or is it more like a advertising thing/giving the players some sort of securtiy feeling and a gaming licence is not really required. Pretty sure that many of us (including me obviously) have no real idea what purpose those gaming licences serve.

06-29-2011 , 06:26 AM

#16

funnymunny

grinder

Join Date: Mar 2006 Posts: 440

Quote:

Originally Posted by Do it Right

Implications?

Was playing just now & all cash games have now halted & tournaments are "paused"... No player notifications & chat full of "?" from players

06-29-2011 , 06:27 AM

#17

Ten shin zaga

old hand

Join Date: Jul 2010 Posts: 1,563

All my SNGs stoped, why?

06-29-2011 , 06:27 AM

#18

luckystrike23

enthusiast

Join Date: Apr 2008 Posts: 81

as someone posted on egrmagazine: "boom....... the end is close,this business is going bust , nothing can save it now - no payment provider will work with an unlicensed business"

I mean they were already having serious problems before with working with banks/processors - they actually had to get the US Dept of Justice to intervene and assure banks that they are not going after another account - now this!!!?? No amount of public relations or shills can save it now.

06-29-2011 , 06:27 AM

#19

TomVeil

Carpal \'Tunnel

Join Date: Oct 2006 Posts: 19,374

wow that happened fast.

06-29-2011 , 06:28 AM

#20

wtfdude

adept

Join Date: Apr 2010 Posts: 874

Quote:

Originally Posted by exec771

Exciting isn't the word that comes to my mind

More like **** **** *** ******* ********

Im trying to figure out what words are behind *** Any hint?

06-29-2011 , 06:28 AM

#21

funnymunny

grinder

Join Date: Mar 2006 Posts: 440

Quote:

Originally Posted by funnymunny

Was playing just now & all cash games have now halted & tournaments are "paused"... No player notifications & chat full of "?" from players

Just gone into 'Cashier' to request cahsout (I'm in the UK)..."Unfortunately, we are currently unable to complete your request"

06-29-2011 , 06:28 AM

#22

Vishus90

adept

Join Date: Feb 2009 Posts: 991

was playing on full tilt just now. everything has stopped, was multitabling cash games and theyve just stopped completely. this is real.

06-29-2011 , 06:28 AM

#23

Bobo Fett

Carpe Diem

Join Date: May 2006 Posts: 56,896

Confirmed just tried to start a Rush game and can't.

06-29-2011 , 06:29 AM

#24

Alrighty Roo

Carpal \'Tunnel

Join Date: Jun 2011 Posts: 16,269

Quote:

Originally Posted by Messenjupp

It's already stopped, you can't log on now, game over boys.

06-29-2011 , 06:29 AM

#25

brbrbrbr

journeyman

Join Date: Sep 2010 Posts: 269

Sng's frozen.

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