AGCC misreported Full Tilt seizure figures

AGCC misreported Full Tilt seizure figures

Friday, 21 October 2011

The Alderney Gambling Control Commission has released a new statement clarifying the amount of money seized by the Department of Justice from Full Tilt Poker. The AGCC originally reported that the amount seized from Full Tilt between June 2007 and June 2011 was $331m.

The new statement reads, “AGCC wishes to correct and clarify an erroneous statement contained in the Commission tribunal’s published determination notice of the hearing into Full Tilt, which includes the statement: “the individual seizures made by the Department of Justice during the period June 28, 2007 to June 20, 2011, which amount to a cumulative total of approximately $331 million US Dollars.” The underlying evidence in the hearing clearly demonstrated that $331 million was the total of funds unavailable to Full Tilt, of which DOJ seizures formed only a part. The mis-statement is thus not of significance in the Commission’s assessment of the matter."



Tags: Alderney Gambling Control Comission, Full Tilt Poker, Law, Department of Justice