No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
5050Poker Players Screwed : Little Money Back
Wednesday July 4, 2012 : 5050 POKER FINANCIAL SITUATION IN THE OPEN
5050 Poker players can expect no more than 15 percent of their account balance back
A media advisory posted on the 5050 Poker Holding AB website has addressed 5050 Poker Ltd’s player payment concerns and it is not good news.
5050 Poker Ltd will be liquidated or possibly sold due to the Maltese Lotteries and Gaming Authority's (LGA) request for guarantees at a level that exceed the assets in the company, said a company statement.
Furthermore, Patrick Sjögren, 5050 Poker Holding AB's managing director has been axed and Cem Yeter and Olle Langenius, Directors of 5050 Poker Holding, have been tasked with a further investigation into the fiasco with a view to saving as much of the shareholders’ value as possible.
5050 Poker Holding AB's Board of Directors claim that Microgaming's “suddenly imposed table limit” and the subsequent cessation of its operations along with fines it says were dealt out by Microgaming for "having too many winning players" resulted in a run on the bank by players effectively leaving the company with insufficient funds to cover player balances.
The Board further claims that the company's financial situation went undetected as it (the Board) was provided falsified information on the player's fund, operational costs and the size of the company's assets.
An internal investigation by 5050 Poker Holding AB revealed the following:
- The operational costs of 5050 Poker Ltd has for a long time exceeded the revenues, resulting in players’ funds being used in the operations of the company.
- Fines imposed by Microgaming in excess of Euro 150 000 had incorrectly been withdrawn from players' accounts.
The bad news for players is that the value of available assets will be used to pay back players on a proportional ratio. The Board said "there is no reason to believe that the ratio will be higher than 15 percent of the actual balance of the players’ funds."
The company's unnamed auditing firms will also have some tough questions to answer as both 5050 Poker Ltd and 5050 Poker Holding AB reportedly underwent an audit for the 2011 fiscal year.
The full advisory can be accessed at http://www.5050pokerholding.se/en/press/46-information-to-the-shareholders-of-5050-poker-holding
USA Online Gamblers. The Best Online Casino with the fastest payouts and highest bonus. Get your Exclusive Bovada Bonus Code now. Up to $4250 in free sign up bonuses. Dont miss out on this limited time special offer.Online Poker, Online Casino and Online SPorts betting all included in this exclusive Bovada Bonus.
Gambling News :
IGT Continues Partnership with Coljuegos EICE -
IGT will continue its 16-year partnership with Colombian administrative gaming authority Coljuegos EICE following a public procurement process for a five-year private operator contract to run the draw-based online lottery game Baloto.
Magic Spells SLot Launches -
The penny slots’ Wild symbol is a bubbling cauldron which is an Expanded Wild that can cover up to four positions for multiple winning combinations.
Lightning Box Games in Deal With Everi Games -
Australian slot developer, Lightning Box Games, has entered into a distribution deal with electronic gaming content provider, Everi Games, for a selection of its proprietary slot content.
Another Attempt to Acquire Tatts -
The surprise A$8.4 billion bid for Tatts late last year by the Pacific Consortium caused some consternation in the Tabcorp and Tatts boards, which were in merger talks but these concerns faded following Tatts rebuff of the consortium's offer
Ladbrokes Trading Update -
The Ladbrokes Coral plc online and land gambling group has released a trading statement for the unaudited year to 31 December 2016, reporting:
Leovegas Player Wins a BMW X4 -
A 23-year-old Southampton University student identified only as Leo has won a GBP 50,000 BMW X4 sports saloon car playing NetEnt's Live Casino Roulette on the Leo Vegas mobile gambling,site.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.