The Alderney Gambling Commission

In another pointless media release yesterday, the AGCC had this to say;

“Alderney Gambling Control Commission (AGCC) will hold a public hearing regarding the future of Full Tilt Poker at 10am on 26 July at the Park Plaza Victoria Hotel in London.

The purpose of the hearing will be to make public evidence from both AGCC and Full Tilt regarding the suspension of Full Tilt’s licence and to adjudicate the findings transparently.

Full Tilt’s licence was suspended last month by AGCC following an indictment by the US government and its subsequent failure to satisfy AGCC that its activities inside and outside the US were in order.

Executive Director of AGCC, André Wilsenach, said: “AGCC’s choice to hold a public hearing in to the future of Full Tilt Poker demonstrates our willingness to act transparently and we will welcome members of the public and the media. As ever at all times, our primary concern is the protection of the player.” [source PDF]

Not much new there. They had already announced that meeting some time ago.

No mention either of the ongoing talks referenced in their last media release.

This seems to me that Mr Wilsenach is just reinforcing the idea that the AGCC have done nothing wrong in the whole FT story.

There are a few notes I would like to make about this. First, the part that reads “willingness to act transparently” is probably a response to the various rumors around the internet about the timing of the license suspension. I’m not going to say any more about that.

The next thing I would point out is that the AGCC seems to have hired a public relations firm, as the above media release includes the contact details for a person at Grayling.com. You can look them up yourself. I did, they are a PR firm.

That’s probably a good idea on their part, as this is really looking bad for the competence of the AGCC right now, but I would have expected that the first thing any PR firm would do would be to stop MR Wilsenach making any more media statements (blog posts).

I mean, why does Mr Wilsenach quote himself in his own media statement? That’s weird.

Another part that I take issue with is the by now usual assurance that the AGCC is concerned with player protection. So far, we have seen no evidence of that concern in any of their actions.

Finally I would say that this statement is misleading at best in that the part that I have highlighted above “… Full Tilt’s licence was suspended last month by AGCC following an indictment by the US government and its subsequent failure to satisfy AGCC that its activities inside and outside the US were in order…” is not a true reflection of the events.

There was an interim period of about one month, from Black Friday in mid April to the press release by the AGCC concerning FT issued in mid May, where the AGCC said that they were investigating but that there was “…no reason to believe that player fund transactions are fundamentally threatened by any consequence of the US authorities’ actions…”

You can see the full post about this here.

So in my view it is misleading to say that the license suspension followed the US indictment.

In other non-news, the Press Office of Proctor and Gamble has refused to comment on the rumor that their company, or a European subsidiary, is the unnamed European investor in discussions to buy FT.

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