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Debt Collectors Making Claims Against Duplicate Poker
The failure of Duplicate Poker.com last year (see previous InfoPowa reports) surfaced again this week with the revelation that the company's liquidators have been assembling claims from players, affiliates and other creditors against the remaining assets.
Since November last year, McTevia & Associates, LLC has been using a variety of communications channels, including Google groups like rec.gambling, to urge creditors to submit their claims in terms of the United States Bankruptcy Code.
"Our primary responsibility as Trustee was to take actions we deemed necessary to realize the highest possible dividends to creditors. Our first step after acceptance of the Trust was to notify creditors, institute a claims process, review the Companys books and records, and conduct a liquidation analysis to determine the amount of funds that could be available to creditors," McTevia's communication advises.
The company has currently listed some 344 creditors with claims totalling $487 500, and expects to be able to finalise its duties within the next few months.
"The next step in this process is for the Trustee to compare your claim with the records of the Company," the McTevia advisory statement notes. "Those claims that are consistent with the Companys records will be accepted and claimants will be so notified. Claimants filing claims that are not consistent with the Companys records will be contacted by the Trustee in an attempt to resolve the differences."
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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