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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 Cardspike.com 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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2017 Aussie Millions Event 1 -
The Melbourne-based player bested a field of 1,565 entries - 245 up on last year's equivalent - to end up in the heads up with New Zealnad's Qiang Fu, but not before both he and Qiang had narrowly escaped at the four-handed stage when they were the low stacks.
Swiss Reject idea to Block Gambling Websites -
The Legal Affairs Committee of the Swiss National Council has nixed new regulations which would have blocked access to online gambling sites in Switzerland, according to local media reports Tuesday.
Growth Ahead For Online Gambling -
Transparency Market Research has issued a teaser on its latest international online gambling and betting survey, forecasting that the industry will grow at a Compound Annual Growth Rate (CAGR) of 10.8 percent by 2024.
New Qubit software For SkyBetting -
#qubit Sky Betting & Gaming aims to top its record 50 percent revenue growth last year with new player differentiation software and expertise provided by the Qubit company.
Slotfather II Slot Launching -
#betsoft The first is a sequel to the popular gangster-themed online slot Slotfather, unsurprisingly titled Slotfather II, whilst the other is a new 243 ways-to-win game titled Fa Fa Twins..
Massachusetts Online Lottery Bill -
Flanagan's confidence was clearly boosted by the bill's success in the Senate last year, although it was not developed by the House and ran out of time.
Italy Doing Well With Online Sports betting -
The latest numbers from the Italian regulator show that online sports betting remains king when it comes to internet gambling in the market, generating Euro 391.8 million in turnover in December 2016.
Michigan To Reintroduce Online Gambling Bill -
#Michigan state Sen. Mike Kowell's staff have confirmed that the senator plans to reintroduce his online gambling legalization bill, which failed to make it through the last legislative season.
MGM Buys DC office building For lobbying team -
#MGM Resorts International has bought a new Washington, D.C., office building for its in-house lobbying team, led by former chief counsel to the now retired Nevada Sen. Harry Reid, Ayesha Khanna.
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