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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.”

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Gambling News :

Local Florida Poker Pros Scam Marc Klang For $500k - Previous scumbag rightfully wins over $500,000 gambling against a conglomerate of local poker pros. After using every excuse possible, said group decides they are not paying out any money. After some time they pay out $43k of 500k. Winner warns community of the groups actions to prevent similar future scams.

2017 Super High Roller Bowl Schedule - Poker Central, POKER PROductions and the Aria Resort & Casino have released details on the 2017 Super High Roller Bowl taking place 28-31 May.

Super Multitimes Progressive HD Slot - This 3-row, 5-reel slot features Multipliers, Wilds, Free Spins and four Progressive Jackpot levels offering increasing wins to heighten player engagement.

2017 Aussie Milliona Updates Events 2,3,4 - Taiwan's James Chen bested Australian Rainer Quel heads up to win the first championship ring of the series in which he defeated a field of 48 players in Event 2: $2,500 H.O.R.S.E. earning the top prize of AUD$39,700.

Juventus name VWin as Partner - “We are very satisfied with this new regional partnership that confirms Juventus’ global growth in high potential markets such as this one,” Giorgio Ricci, co-chief revenue officer & head of global partnerships and global revenue for Juventus said.

Luckia Group 2016 Results - The group reports record turnover of Euro 269.66 million, up 12 percent over full year 2015 with EBITDA standing at Euro 44 million, a 26 percent increase over the previous year.

Fire Rooster Slot Launches - This 5-reel, graphic-rich slot is based on the Chinese legend, The Rooster’s Lament, in which the Jade Emperor chooses specific animals to represent the months of the year.

n2-Live Updates - The company promises new features designed to enhance the playing experience that “further distance our gaming solutions from the ‘me too’ products currently available in the market place.”

Betfred FY 2016 - Betfred has seemingly reversed its fortunes with a strong 2016 delivering a GBP 28,438,000 operating profit as opposed to the GBP 77,312,000 loss in fiscal year 2015.

BetConstruct has joined the National Council on Problem Gambling - BetConstruct has joined the National Council on Problem Gambling (NCPG) saying it feels a duty to support an organization that strives to keep gaming fun and safe for all.

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