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Svenska Spel Compensates Poker Bot Victims

Thursday June 20,2013 : SWEDISH ONLINE POKER MONOPOLY MAKES PLAYERS WHOLE FOLLOWING CHEATING SCAM
 
Illegal bot ring operated for months
 
Sweden's online gambling monopoly Svenska Spel's announcement this week that it has compensated the 25,300 players impacted by a bot ring cheating scandal earlier this year has shown that the issue was larger than originally thought.
 
The announcement values compensation paid to players at the equivalent of around US$586,000, substantially more than reports back in February this year which indicated that the amount involved was US$280,000.
 
Apologising for the delay in paying out impacted players, Svenska Spel chief executive Lennart Käll said that extensive investigations had to be carried out, with millions of hands analysed to arrive at the correct numbers and who had been prejudiced.
 
Back in April, the poker information site Pokerfuse broke the news that 14 (now 15) accounts had been isolated and closed following the discovery of a bot ring conspiracy on the Svenska Spel online poker operation. The ring had apparently been operating for at least six months, and there had been player complaints.
 
The national police in Sweden, together with the Swedish Gaming Board were called in to investigate the fraudulent activity, and from the start the Swedish operator gave a commitment that it would make whole any player prejudiced by the bot ring's activity.
 
"According to posts from Svenska Spel representatives on their player forum, the bots played Hold’em from NL50 up to NL500 and most of the winnings were accrued in the last six months," Pokerfuse reported at the time. "The site would not reveal the screen names involved while investigations are ongoing."
 
Svenska Spel was also candid in a press statement to Swedish media, in which it admitted that it should have referred the matter to the police earlier.
 
Although operators are constantly on the alert for collusion and fraud, this is not the first such incident, and it will likely not be the last.
 
Back in 2010 Pokerstars detected a ring of 49 colluding Chinese fraudsters and had to reimburse $2.1 million to around 25,000 of its players.
 
Poker punters themselves play a key role in exposing such incidents; a high level of expertise is resident within the player community, which communicates through message boards and collaborates on exposes like the Absolute Poker fraud, an incident that ultimately cost that operator $22.1 million in player compensation and many more millions in punitive fines imposed by the Kahnawake Gaming Commission and lost business .

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Gambling News :

Betsoft Gaming In Deal With SuprNation - Betsoft Gaming’s latest content supply partnership will see its Slots3 collection launched on VoodooDreams.com, SuprNation’s primarily Swedish and Nordic focused online gaming operation.

Ladbrokes New SPonsor of The Hennessy Gold Cup - The longest sponsorship deal in the history of British horse racing has come to an end with Ladbrokes becoming the new sponsor of the race formerly known as The Hennessy Gold Cup for the next five years, Racing Post reports.

Ladbrokes Appoints Annemarie Durbin - Durbin, a qualified lawyer with over two decades of international banking experience, will also take up membership of the Audit, Remuneration, Social Responsibility and Nomination Committees with effect from March 1, 2017.

Olympus Slot Pays $210k Jackpot to USA Player - “I love slots, been playing a long time. I go to Vegas once a year. In between I play online. It’s so convenient. I play mostly Hold the Riches, Pyramid Plunder, Dollar Storm or Olympus. I’ve also started playing keno more.”

Divine Fortune SLot Launches - NetEnt has launched a new local jackpot title “Divine Fortune”, a five-reel, 3-row, twenty-fixed line video slot themed on ancient Greece and a world of mythical creatures, legendary riches, and golden coins.

BetatHome profit guidance for the 2016 financial year - bet-at-home.com AG has lifted its profit guidance for the 2016 financial year following what it terms a “supremely positive business development in the fourth quarter”.

Aussie Millions $1,150 buy-in No-limit Hold’em Accumulator Results - In the latest Aussie Millions event - the A$1,150 buy-in No-limit Hold’em Accumulator, local poker pro Bridges Roe prevailed against a field of 721 to claim the main prize of A$160,725, despite starting the final day at the bottom of the chip counts.

2 Huge Wins at Bovada Casino - Paul D. from Boston, MA, scored really big, earning $808,529.80 playing the Food Fight progressive jackpot slot on the Bovada online casino on a wager of $11.25. Unfortunately Bovada's press release does not give any further details.

China Internet Clean Up Campaigns - The advisory revealed that the current drive will run through to the end of March 2018, and that online gambling and other inappropriate or unacceptable content must be blocked because:

AOPA to campaign for poker to be left alone - The threat that amendments to the federal Australian Interactive Gaming Act aimed at stopping in-play action could spill over into an online poker ban has motivated Aussie players to form an action group in support of the game.

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