July 26 2011, Barry Carter

PokerNews is live in London at the Alderney Gambling Control Commission (AGCC) hearing for Full Tilt Poker. The hearing gets under way at the Victoria Park Plaza Hotel, 239 Vauxhall Bridge Road, London SW1V 1EQ at 1000 BST (0200 PDT) on Tuesday, July 26, 2011.

On June 29, the AGCC suspended the license of Full Tilt Poker and ordered the site to suspend all operations. Games on Full Tilt Poker came to a sudden halt and have not resumed.

Since then, very little concrete evidence has come to light, but the rumor mill has been churning, most notably on the subject of whether Full Tilt can secure a new investor. They remain without a new investor, although a recent report in eGaming Review Magazine has suggested talks are still on-going.

During the hearing the AGCC will be presenting evidence to justify its decision to suspend Full Tilt Poker’s licenses. It is difficult to speculate just what will happen during the hearing, but poker players should soon have a clearer picture of the gravity of the situation, what the future of Full Tilt Poker may look like, and what the likelihood is that players will receive their funds.

This event is open to the press and public; however, all telephones and recording equipment are strictly prohibited. We will bring you all the news from the event as soon as we can.

PokerNews will be at the AGCC hearing on July 26 and you can follow all the updates as they happen, both here and by following @PokerNews on Twitter.