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.”

3 Top Bitcoin Poker Sites - Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.

Kentucky Derby Odds: Justify still Favorite - With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.

888Poker Takes Over the States - With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?

Top gambling ICOs to watch this year - The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.

MPN Poker Tour Bratislava | Day 2 - It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.

MPN Poker Tour Bratislava Day 1B - Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today

MPN Poker Tour Bratislava Day 1A - The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.