Kahnawake Gaming Commission Grants Full Tilt Poker a Renewal of Secondary LicenseKGC Considers Company's Primary License with AGCC Still Valid |
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On Friday, the Kahnawake Gaming Commision (KGC) granted beleaguered online poker site Full Tilt Poker a renewal of its Secondary Client Provider Authorization (Secondary CPA) for a term of two years. The former online giant had its primary license suspended by the Alderney Gambling Control Commission (AGCC) in late June.
According to a statement released by the KGC, “To maintain a Secondary CPA, a licensee must maintain a valid license to operate interactive gaming that has been issued by a comparable jurisdiction. Accordingly, the Commission is closely monitoring the proceedings being conducted by the AGCC. The AGCC has confirmed to the Commission that, although the eGambling licenses held by [Full Tilt Poker] are presently suspended pending the outcome of a hearing, these licenses are still considered to be valid.”
At a hearing in London on July 26, allegations came forth that the online company had breached its terms with the AGCC, allegedly failing to pay licensing fees amounting to £250,000. Michael Heslop, lead lawyer for the company, replied at the hearing: “Why spend £250,000 for licenses that no longer exist?” AGCC commissioners decided to adjourn the public meeting on Full Tilt’s license until at the latest Sept. 15, with all future hearings to be held in private.
KGC regulations stipulate that if the online site were to no longer possess a valid license with the AGCC, it would lose its renewed KGC license. There is currently no indication as to whether Full Tilt would reopen its doors prior to settling the dispute with the AGCC.
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