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Microgaming Suspends 5050 Poker Limited License
Monday June 18, 2012 : ONLINE POKER SITE'S SOFTWARE LICENCE SUSPENDED BY MICROGAMING
Operator in 'material breach of contract'
The Microgaming Poker Network has suspended the operations of licensee 5050 Poker Limited, claiming in a public statement that the operator is in 'material breach of contract', and that the directors of 5050 have been aware they were in breach since June 14 this year.
The network does not appear to have completely written off its licensee off, however - the statement notes that: 'Game play will be reinstated once the breach is satisfactorily rectified.'
No details of the breach have been given.
5050 Poker Limited's website shows the owner as 5050Poker Holding AB, whose stock is available on the Nasdaq OMX First North exchange. The company was founded in March 2007, based on the concept of offering loyal players shares in the company.
The website lists management as Patrick Sjögren (CEO) and Meta Martinsson (CFO), with the operational base in Malta.
In August 2009 the company licensed online poker from Microgaming.
It operates online poker, casino and sports betting services under LGA Malta and Curacao licensing
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
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Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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