Posts Tagged ‘Isabell Picornell’

Waiting for Bitar

by , Jul 27, 2011 | 4:28 am

howard lederer ray bitar alderney

NO PLAYING AROUND, but who then is toying with whom?

LONDON — Those hoping for a definitive answer on the future of Full Tilt and their funds will have to wait a little longer. After a full day of packed public hearing and nearly six hours of private deliberations at the Victoria Plaza Hotel, the Alderney Gambling Control Commission granted Full Tilt’s application to have the hearing adjourned. The AGCC says it will reconvene replacement proceedings no later than September 15th.

Panel chairwoman Isabel Picornell said the commission were convinced that a delay was “in the best interests of FTP customers” — primarily because Full Tilt could use that extra time to complete any investment deal. The AGCC understand, she continued, that exposing commercially sensitive information rides roughshod over hopes of a bailout that refunds players.