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Fulltilt Poker Gets Isle Of Man License

10/09/2012 : FULL TILT POKER ACHIEVES ISLE OF MAN LICENSING
 
Pokerstars' new acquisition good to go for November launch
 
Full Tilt Poker, now part of the Pokerstars-Rational group, has been granted an operating licence by the Isle of Man Gambling Supervision Commission, allowing the company to provide online poker services from the Isle of Man.
 
The Rational Group, which operates Pokerstars and acquired the assets of Full Tilt Poker in August  will relaunch FTP on November 6 and repay its non-U.S. customers $184 million, the company again confirmed Tuesday in a press release.
 
The release notes that FTP was granted the Isle of Man licence following "thorough scrutiny of the proposed operations by the Gambling Supervision Commission."
 
It is understood that the GSC scrutiny included a review of the senior management structure controlling Full Tilt Poker's operations.
 
Steve Brennan, CEO of the Isle of Man Gambling Supervision Commission, commented Tuesday:
 
“The Gambling Supervision Commission is confident that Full Tilt Poker will safeguard the interests of its players and adhere to the strict policies and procedures governing Isle of Man licensed gaming companies.
 
“Full Tilt Poker’s application was strengthened by the fact that their new owners and management team are known to us and have an impeccable record of compliance with the Isle of Man’s regulatory requirements.”
 
FTP technical hardware including servers was transported from Dublin, Ireland to the Isle of Man last month in order to comply with the Isle of Man licensing requirements.
 
The FTP offices will remain in Dublin, and Pokerstars has already revealed that it intends to operate FTP as a distinct brand.
 
Pokerstars legal executive Paul Telford said: “In our view the Isle of Man’s e-gaming regulations set the gold standard for the online gaming industry.
 
"Their attitude toward ensuring operators provide a service that is safe, fair and socially responsible is second to none. In particular, the Isle of Man leads the way in ensuring player funds are protected under mandatory trust arrangements that are built into their regulations.”



Gambling News :

Live Dealer Now At Slotocash - Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.

Advantages of online slots over slot machines - The rise of online casinos means that players no longer have to leave their own house to play casino games.

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

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