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Poker: Cardspike Finally Closes

Hundreds of column inches have been devoted to the unhappy story of online poker room Cardspike and its questionable association with senior executives of the Casino Affiliate Program company  and this week the saga dragged to a close as the operators advised players that it was about to close its doors.
In an email to players, CardSpike advised:
"We are contacting you to confirm that will be shutting down all operations effective May 31, 2009. Deposits will no longer be accepted into your account effective immediately.
"You can cash out your account at any time before May 31, 2009 by your preferred method. After May 31, 2009, your account will be cashed out and the balance remitted to you via the method you used to deposit.
"Thank you for your past support."
But almost as an afterthought came the sting in the tail, which is being interpreted by many as the final deceit from the company - it read:
"*Note – The minimum withdrawal amount is $50. In light of these circumstances we can manually process a withdrawal for less than $50 but there will be a processing fee of $40."
This is seen as prejudicial to those players that happen to have a low balance in their accounts, by placing them in such a position that the "processing" charges exceed the worth of their current balance.
In a long-running story replete with questions of integrity, conflicts of interest and downright deceit, the end has apparently matched the beginning in those areas.

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Gambling News :

Yggdrasil Gaming Expanding - The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.

FanDuel and DraftKings Settle With NY Attorney General - Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.

Stan james Now Live With EPOS - The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.

Singapore Online Gambling Ban Begins - Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.

Chinese police action against Crown Resorts Widens - In addition to the 18 Crown employees still held after their arrest last week, it now appears that the police questioned 87 Crown punters and junket organizers, detaining 10 of the latter.

Pennsylvania Online Gambling Updates - Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.

WSOPE In Czech Republic - World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.

Medialivecasino in Deal With Microgame - #Medialivecasino live dealer games have already gone live with Microgame joining content from other well-known providers NetEnt and Evolution Gaming.

BtoBet Partners with AfroBet - Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.

Pissed off Tabcorp shareholders - A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.

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