from The Century Dictionary.
- noun A breed of small-sized cattle originating in Alderney, noted for the abundance and richness of their milk.
from the GNU version of the Collaborative International Dictionary of English.
- noun One of a breed of cattle raised in Alderney, one of the Channel Islands. Alderneys are of a dun or tawny color and are often called
Jersey cattle. See jersey, 3.
from Wiktionary, Creative Commons Attribution/Share-Alike License.
- proper noun The third-largest of the
- proper noun A type of milk cow from Alderney.
Sorry, no etymologies found.
The investors also hope to reach an agreement with gambling regulators in Alderney, which is part of Britain's Channel Islands and where Full Tilt is licensed, the people familiar with the matter said.
The possibility of a rescue for Full Tilt Poker, the beleaguered online poker site accused of being a giant Ponzi scheme by a U.S. federal prosecutor, became more difficult Thursday as its gambling license that had allowed it to operate around the world was revoked by the Alderney Gambling Control Commission in the U.K.'s Channel Islands.
The Alderney regulators, who control Full Tilt's world-wide license, concluded Thursday that Full Tilt had fundamentally misled the licensing authority about its funds, the commission said, listing serious breaches of regulation including false reporting, unauthorized provision of credit and failure to report material events.
In closed-door meetings earlier this month, Full Tilt had pleaded with the Alderney regulators to allow it more time to find an investor before allowing it to present a case to regain its license.
The company had hoped that by continuing to operate overseas it could make up some of the difference, people with knowledge of the situation said, but Alderney temporarily shut the site down at the end of June due to the shortfall.
A project in Alderney is also planning to store saltwater in reservoirs, but in this case the water would be pumped using electricity generated by underwater tidal generators.
But some sites, like Full Tilt and PokerStars, continued to accept players in the U.S. from their offshore locations in Alderney and the Isle of Man, in turn financing their European operations with bulging coffers from their U.S. businesses, outpacing their under-funded European rivals.
The Alderney regulators said the revocation of licenses related to Full Tilt's website doesn't mean they can't be reactivated if the business comes under new ownership and management.
Party Digital Entertainment PLC, 888 Holdings PLC and Playtech Ltd. should pick up extra customers after the Channel-Islands based Alderney Gambling Control Commission, or AGCC, on Wednesday suspended Full Tilt's international poker license, effectively shutting down its entire international poker operations.
The company said in a statement posted Thursday on the website pokerstrategy.com that the Alderney decision to revoke Full Tilt's license "makes it more difficult to execute the sale of the company and hence repay its players" but that it "remains committed to repaying its players in full and continues in active negotiations."