ARJEL SUSPENDS FULL TILT POKER LICENCE
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08th July, 2011 :: 08:26:27
Source: Casinos Online
French authorisation suspended
The French gaming regulatory authority ARJEL has joined the growing list of licensing jurisdictions who have suspended Full Tilt's licence.
In a statement released today (Monday) the regulatory body cited various reasons for the suspension:
- prompted by U.S. Federal action against the founder / owners & the subsequent freeze of the company's bank accounts, the regulatory body revealed in the statement that it had requested disclosure of the company's financial capacity & availability of sufficient cash flow to cover the balances of French players using the services of Rekop Limited & Pocket Kings Limited Filco on April 19, 2011.
ARJEL reports receipt of an "incomplete dossier" from the company in response to its request & invited the company to reapply for authorisation on June 17, 2011.
- As a result of the Alderney Gambling Control Commission's recent suspension of Full Tilt's licenses - access to the French-facing fulltiltpoker.fr was adversely affected. ARJEL requested the company cooperate with the relevant authorities in order to restore French players access to the .fr website as well as communicate to players the reasons for the disruption in service on the site.
Based on Rekop Limited's inability to deliver on ARJEL's requests, the authority held an emergency meeting & has suspended Rekop Limited's authorisation as a precautionary measure until the company can provide & fulfill the requirements necessary pertaining to its re-application for ARJEL authorisation made on June 17, 2011.
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