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Full Tilt Poker news - Full-Tilt-Poker Hiring staffDespite no recent news on the subject of when Full Tilt Poker will reopen or when Pocket Kings Ltd intend on paying out the millions that are owed to their former loyal customers, there is some pretty good news in that Full Tilt Poker (Pocket Kings Ltd) is hiring again, they are currently looking to recruit multilingual service reps, service supervisors and service team leaders.

The current ads are online at jobs.ie posted by Pocket Kings Ltd located in Cherrywood, Dublin, Ireland.

The other bit of positive news is that Orinic Limited has applied for an AGCC category 2 license, a category 2 license permits full online gambling licensed by the AGCC.

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AGCC revokes full tilt poker licenseThe AGCC (Alderney Gambling Control Commission) have revoked Full Tilt Pokers gaming license despite the recent French investor testifying their “intent to purchase” the company Full Tilt Poker. The AGCC decision to revoke three of the four Full Tilt Poker licenses would make it harder to close the deal with the investor.

The AGCC released a statement which claims that Full Tilt Poker were in “serious breaches of AGCC regulations include false reporting, unauthorised provision of credit, and failure to report material events.” The AGCC also stated that “It is important to note that the revocation of FTP’s licenses does not, as has been suggested, prevent a reactivation of the business under new ownership and management.”

The United States Attorney’s Office for the Southern District of New York have also released a statement on the AGCC’s decision which includes what actions the Department of Justice plan on taking from here which could possibly include Full Tilt Poker players funds being returned by recovering funds from the alleged fraudulent activities. They also stated that the case “will last for many months at the least.”

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full tilt poker agcc hearingThe results of the Full Tilt Poker AGCC Hearing are still to be announced, but should be released soon. According to sources Full Tilt Poker have secured an investor deal with an “intent to purchase” from a French company which may replace all current ownership and repay all players who are owed money, the recent deal was brought to light at the AGCC hearing which took place in private last Monday and Tuesday.

FullTiltPoker’s lawyer has urged the AGCC to hold back on their decisions for at least 30 days while the new French owners to replace the current owners. Both the DoJ and AGCC are aware of the new investors deal and are currently vetting the funds from the investor.

However if the AGCC come to a decision within the next few hours and revoke Fulltilt Poker’s gaming license, the company could possibly fold if they lose their investors, in this circumstance none of the online poker players will ever be paid out.

With so much at stake in the next few hours, we certain hope the AGCC ruling is in the best interest of the players as I’m sure they are all waiting for the final outcome of the meeting.

Update: AGCC revokes Full Tilt Poker license

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pokerstars rush pokerAccording to several reports online PokerStars is currently working on their own version of Full Tilt Poker’s patent pending Rush Poker software. Rush Poker is currently not available to online poker players since Full Tilt Poker shutdown on Black Friday. Formally known as the World Fastest Poker game, Rush Poker was available in cash game and tournament format and was one of the most popular poker variants FullTiltPoker introduced to the poker world.

Since Full Tilt Poker closed it’s doors the company is still currently awaiting for a decision from the AGCC regarding the future of the company, things are not looking good with recent DOJ accusations calling Full Tilt Poker a Ponzi Scheme. While Full Tilt Poker’s future is undecided, PokerStars look to gain more players by developing a PokerStars Rush Poker type of game.

Expect to see the release of this new adrenalin poker software within the next few months, obviously under a different name with hopefully even more improvements on the original idea of Rush Poker and possibly PokerStars Mobile.

PokerStars bonus code – STARS600

Download PokerStars Download PokerStars

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Full Tilt Poker closed looking for new InvestorsFull Tilt has been closed for nearly two months now, for a while poker players heard positive rumors that a group of European investors were looking to acquire the Full Tilt brand however things with that deal now look to have fallen apart with FullTilt announcing that they have begun negotiations with additional potential investors.

In their statement they said: “Full Tilt Poker will strive to have better communication with its customers going forward”; let’s hope that that part is true as to date their handling of the situation has been abysmal and one wonders if they still carry any value to the online poker world after all they have done or rather haven’t done.

Their rather lame excuse was: “Full Tilt Poker apologizes for its lack of communication with its customers over the last month and a half, but it has been grappling with unexpected and complex legal and financial issues arising from Black Friday and its aftermath. In addition, the company has had to be circumspect about disclosing the progress of negotiations with potential investors because there is often a requirement of strict confidentiality.”

The statement went on to try assure customers that their funds were safe:  “Full Tilt Poker’s number one priority remains the same: to secure an infusion of capital to repay all of its worldwide customers.”

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