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Full Tilt's gambling license suspended

Updated: June 30, 2011, 12:22 PM ET
Associated Press

LAS VEGAS -- Casino regulators on the British Channel Islands on Wednesday suspended the gambling license of Full Tilt Poker, halting the company's online card games and intensifying its legal problems in the U.S.

The Alderney Gambling Control Commission said in a statement it was immediately suspending Full Tilt's license after an investigation prompted by earlier federal indictments in New York, accusing company executives and associates of bank fraud, money laundering and other crimes.

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