The review is intended to “provide full transparency” and “make the outcome public” in the best interests of players, license holders and the AGCC itself.
Peter Dean, the former Chairman of the British Gambling Commission, has been appointed by the AGCC to conduct the review.
André Wilsenach, Executive Director of the AGCC said:
“As soon as we became aware that there were possible irregularities in relation to FTP’s operational integrity AGCC acted to discharge fully our statutory obligations.
‘We believe we acted appropriately and fairly at all times but, following our own internal assessment and the inevitable questions that have been raised by third parties, the Commission decided that it is in the best interests of players, licence holders and AGCC itself to commission an independent review and to make the outcome public.”
The three licences in question belonged to Vantage Limited, Filco Limited and Oxalic Limited, together trading as Full Tilt Poker.
Dean will present his report and recommendations to the Commission by the end of March 2012.
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