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Cheltenham races cheating claims
Sunday, April 3, 2016 : ONLINE BOOKIE BOSS RESPONDS ON CHELTENHAM CHEATING CLAIMS (Update)
Garth Kimber, a former head of e-gaming for the Isle of Man and now CEO of online gambling group TGP Holdings, responded Saturday to accusations that his company was confiscating the winnings of punters who successfully bet on Cheltenham races
Kimber was responding to enquiries from the local newspaper Isle of Man Today, and said in a statement:
"‘In response to speculation and comments on forums and in the press about certain brands TGP Europe Ltd would like to clarify our actions.
"Following unprecedented volumes and unusual activities during the Cheltenham racing festival the company has followed our regulator approved procedures and terms and conditions and reviewed activity deemed suspicious.
"All payments were processed for accounts not deemed to be under investigation and additionally all payments have now been processed for those accounts reviewed and found not to have been in breach of our terms and conditions.
"For those accounts where the terms and conditions have been breached, account holders have been informed, the company has processed a refund of deposits, voided all bets (winning and losing) and closed the accounts.
"The relevant authorities were informed of our concerns and subsequent investigation and we are in the process of sharing full details of the activities found to have taken place.
"The company regrets the time taken and effects on genuine players but is committed to upholding both our own and the industry’s integrity."
Kimber said he could not comment further at this stage, and did not divulge details of how many accounts were impacted by the review and the withholding of winnings.
Widespread newspaper and social media reports earlier had publicised that online betting websites 138.com, 12Bet, Fun88.co.uk and TLC Bet had sent emails to customers suggesting they had abused the operators' promotions on bets on the Cheltenham horseracing festival last month.
Kimber's company TGP Holdings owns some of the brands named in the reports.
On Friday the Isle of Man Gambling Supervision Commission confirmed it was aware of the furore but would not comment due to Commission policy on regulatory and compliance issues. The UK Gambling Commission is also reportedly aware of the issue.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
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