~RS~q~RS~~RS~z~RS~59~RS~)
Online gambling site Full Tilt Poker loses its licence
Page last updated at 09:36 GMT, Thursday, 30 June 2011 10:36 UK
- E-mail this to a friend [an error occurred while processing this directive]
One of the world's largest online poker sites has been suspended.
Full Tilt Poker, an American-run site registered on the Channel Island of Alderney, has been closed down by the authorities there.
A US investigation into money laundering, illegal gambling and bank fraud was launched back in April.
Eleven people, among them the founders of Full Tilt Poker, were charged over the offences.
Gambling lawsIn 2006, American authorities tried to crack down on the practice.
The Unlawful Internet Gambling Enforcement Act was legislation introduced to try to put the brakes on the emerging industry.
It was designed to halt money transfers to online gaming sites.
As a result several big poker sites worried about the new law pulled out of America.
For example, PokerStars is based on the Isle of Man, Absolute Poker is in Canada with Full Tilt in Alderney.
Now, the commission there has said an internal investigation showed that Full Tilt employees and associates have operated contrary to its gambling laws with a hearing due in London on 26 July.
"The decision to suspend the eGambling License was in the public interest," said Andre Wilsenach, the commission's executive director.
"Because of the seriousness and urgency of the matter, it required that immediate action was taken ahead of the regulatory hearing."
There's been no comment so far from Full Tilt Poker.
- E-mail this to a friend [an error occurred while processing this directive]
Print Sponsor
On Newsbeat today
Top stories
-
'Rise' in children abusing children
A growing number of children are being sexually abused by other children, say charities.
-
Your view: Soldiers on London attack
After a soldier is killed in Woolwich, members of the Armed Forces talk about their reaction to the news.
-
Eminem music company to sue Facebook
Eight Mile Style claims that the social network used music in an advert which closely resembles one of the rapper's songs.
-
Hangover Part III premieres in UK
Justin Bartha, Heather Graham, Ed Helms, Bradley Cooper and Zach Galifianakis turn out for the European premiere in London.
-
Paris Hilton to release second album
The hotel heiress signs with Cash Money Records to release her new record, some of which has been produced by Afrojack.
Most popular stories now
shared
-
Germany tops BBC country image poll
-
Are people drinking too much coffee?
-
Security services knew Woolwich men
-
Burning US railroad bridge collapses
-
10 of popular culture's best Machiavellian characters
read
-
Cyclist tweeter suspended from job
-
Security services knew Woolwich men
-
Woolwich attack reaction
-
Briton in French prison found dead
-
Hidden camera GP jailed for abuse
-
Arrests in nursery sex assault probe
-
April accused's paedophile denial
-
Beheaded UK woman named by family
-
Woolwich murder: The suspects
-
Are people drinking too much coffee?
