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ABSOLUTE POKER IN THE NEWS AGAIN

Thursday June 7, 2012 : ABSOLUTE POKER IN THE NEWS AGAIN (Update)
 
Norwegian connection revitalises interest in Madeira Fjord
 
Investigative journalist Haley Hintze's blog over the weekend provided interesting reading as she reported on the latest developments in the legal manouevreing around the erstwhile parent company of Absolute Poker, the Norwegian registered Madeira Fjord AS.


Our readers will recall the furore that surrounded Madeira Fjord's bankruptcy and subsequent tax claims from the Norwegian government totalling the equivalent of some $30 million, incurred as a consequence of international money transfers to the Norwegian company.
 
The Norwegian bankruptcy courts have been trying to sort through the complicated international wheeling and dealing ever since, and Hintze reports that in late February this year the process came back to the United States with a request from Norwegian lawyers through their American counterparts for assistance from a US District Court in Illinois.
 
The Norwegians are seeking documentary evidence and a statement from former Madeira Fjord chairman Ron Janusz, and it appears that the court is cooperating by issuing subpoenas.
 
The Norwegians claim that Chicago-resident Janusz has ignored their best efforts to secure his help with documents concerning Madeira Fjord and a related Portuguese entity, Avoine - Servico de Consultadoria e Marketing.
 
"Correspondence with at least two dozen legal and corporate firms affiliated with Absolute Poker was also targeted by the subpoena," Hintze reports.
 
Janusz's response to the subpoenas has been to lawyer-up with a New York legal firm, and he has thus far not complied with the subpoenas. The issue will be heard in the Illinois court next week (June 14) and is sure to resurrect some interesting details around one of online poker's most shameful episodes.
 
Hintze details some of the multi-million dollar issues that are likely to emerge at the hearing at: http://haleyspokerblog.blogspot.com/
 
It may even shed some light on the oft-speculated acquisition of Absolute Poker and sister UBPoker by Joseph Tokwiro Norton, and subsequently Stuart Gordon of Blanca Games.



Gambling News :

Betradar Launches US Sports Betting Solutions - With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.

Abdelaouhab Zizi Wins MPNPT Morocco Main Event - Abdelaouhab Zizi has defeated fellow Casablanca resident Fadhil Farag heads up to win the 2018 MPN Poker Tour Morocco Main Event and MAD 375,000 (c. €33,220) after a two-way deal.

Final 12 For MPNPT Morocco - Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).

MPNPT Morocco Updates - Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.

MPN Poker Tour Morocco Day 1A - The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.

2018 MPN Poker Classic - The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.

PDC and Sportradar Renew Deal - Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data

Poker Yaar Joins MPN - Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.

New MPN Poker Rooms Tower Torneos - Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<

NY Rangers vs. Devils on 12/21 - When the Devils and Rangers hit the ice on Thursday (7 PM ET on MSG), so too will two of the league’s top netminders. After a slow start to the season, Henrik Lundqvist has returned to his form of old. Through 29 games, he’s posted a 2.59 goals against average, and a .920 save percentage.

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