Many people in the poker industry have decried the handling of Full Tilt Poker by their former regulatory agency the Aldernay Gambling Control Commission (AGCC) and it seems that there are some people at the AGCC that would like to get to the bottom of precisely how the AGCC was unable to spot the red flags that were popping-up in regards to Full Tilt Poker.

On Wednesday the AGCC announced they would be holding an independent review into their handling of Full Tilt Poker and the actions they took against the site over the past months (let’s hope this is not a “for-show” only investigation). The review will be headed by former Chairman of the British Gambling Commission, Peter Dean CBE, who will have until the end of March 2012 to file his findings.

Here is the complete statement issued by the AGCC on Wednesday:

“As soon as we became aware that there were possible irregularities in relation to FTP’s operational integrity AGCC acted to discharge fully our statutory obligations.” said AGCC Executive Director André Wilsenach.

“We believe we acted appropriately and fairly at all times but, following our own internal assessment and the inevitable questions that have been raised by third parties, the Commission decided that it is in the best interests of players, licence holders and AGCC itself to commission an independent review and to make the outcome public.

“I am delighted that Peter Dean has agreed to conduct the review. He has many years of experience at the top of the British Gambling Commission and commands wide respect from operators and regulators alike. He has been asked to review fully the actions taken by AGCC in respect of FTP and to focus specifically on the appropriateness, timeliness and fairness of those actions.”

Tags: Agcc, Appropriateness, Cbe, Dean, Executive Director, Fairness, Full tilt Poker, Gambling Commission, Gambling Control, Inevitable Questions, Internal Assessment, Irregularities, Operational Integrity, Peter Dean, Red Flags, Regulators, Regulatory Agency, Statutory Obligations, Third Parties, Timeliness

This entry was posted on Thursday, December 8th, 2011 at 8:35 am and is filed under Poker Industry News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.