I got out of bed this afternoon expecting to see a slew of gripe posts about how the AGCC screwed over Full Tilt and people complaining about not being able to get their balances. Instead, I see the following: Full Tilt Sold to Bernie Tapie Group At first I thought it was a joke. Then I read it was legit and that Tapie had even conducted an interview regarding the "Acquisition Agreement. " A few thoughts: 1.

The Alderney Gambling Control Commission earlier today announced that they are revoking the online eGaming licenses of Full Tilt Poker, a move that came as little surprise to anyone that looked at the situation realistically. What did surprise me is the fact that Full Tilt seemed to lay down and gave up when it came to the hearing.   Per the AGCC's press release and Determination Notice, once Full Tilt's motion to delay the hearing further was denied, they pretty much packed up their ball and went home. Really?  Your company's future hangs on whether or not your license is revoked and you basically say "screw it, we're outta here?" That tells me two things.

The Alderney Gambling Control Commission announced today that Full Tilt has paid the license fees that were due. According to reports, this amount was reported to be around $410,000. In its statement regarding the matter, the AGCC claimed that "The recent payment of overdue license fees by FTP is also in players’ best interests since it allows commercial negotiations to take place that might result in a successful refinancing deal. " If you read between the lines, that basically equates to "We will give them their license back should Full Tilt secure a deal.

There is no other way to put this but to say, I told you so. I said weeks ago that if the Alderney Gambling Control Commission was to reinstate Full Tilt’s license that they would need to show that they are making significant process towards paying US players back. Guess what? That hasn’t happened. Oh, guess what else? The trial was adjourned until the middle of September.