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Processor Speaks on Everleaf Poker
Thursday June 7, 2012 : EVERLEAF POKER NETWORK CRISIS - PROCESSOR SPEAKS OUT (Update)
PIC Club exec says Everleaf is not doing all it can to pay players following US exit
The storm swirling around the Everleaf Poker Network and claims that players remain unpaid months after its February exit from the US market intensified this week when e-cash processor PIC Club exec Chuck Kidd spoke out on the issue.
In an interview with the poker information site Pokerfuse, Kidd refuted the troubled network's claim that it was doing everything possible to get payments to its former US players, revealing that he had offered to assist in the exercise in an approach to the Everleaf CFO but had been rebuffed.
Kidd went further, claiming that the processor Everleaf had used - Causash Establishment - was merely a bank account fronted by a key official connected to Everleaf, and he suggested that there was a possibility that Everleaf has no intention of playing American players cut adrift by its abrupt departure from the US market.
We have previously reported on Everleaf's supposed 'solutions' for its US players, which included advising them rather impractically to open bank accounts outside the United States, or to open Neteller or Moneybooker accounts....neither of which serve the US market.
And once again the Malta regulator, the LGA, is taking flak for ineffectual oversight and remaining silent on the debacle.
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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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