Gambling Site Regulator Says It Didn't Know of Problems

The top official at the Channel Islands regulator that licensed Full Tilt Poker to run an online-poker business said he became aware the site had major financial problems only after the U.S. government in April indicted company executives and filed charges against Full Tilt. "What wasn't known to us is that the Department of Justice had frozen funds associated with the operation of Full Tilt," Andre Wilsenach, chief executive of the Alderney Gambling Control Commission, told attorneys and regulators at a conference in Las Vegas.