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Gutshot Poker acquired by Betsnetwork Group

Thursday March 28,2013 : GUTSHOT POKER CHANGES HANDS
New owner moves operations to Revolution Poker Network
Gutshot Poker, an online poker company that has seen more than its fair share of trials and tribulations on the Merge Poker Network, has a new owner following its acquisition by the Betsnetwork Group.
The change of ownership has been accompanied by a switch to the US-facing Revolution Poker Network, which has been troubled of late by late pay-outs to operators and players, according to reports on many information sites.
Intriguingly, Gutshot will also apparently operate on two other networks - Amaya's Ongame and Play2B.
The new management is hardly doing players a favour in telling them that their deposits have been converted to bonuses which require them to meet conditions including set rake rates before they can make withdrawals.
There's also a controversial rule that appears to require players to play on a regular basis; for every month they do not play, the operator will chop 10 percent of their account balances.
Players have a deadline of April 7 to log in and accept these conditions, the implication being that there is really no alternative.
Gutshot is being operated by Goalgaming Ltd., which is related to the Play2B network and its founder, Francesco Merighi. The company has indicated that it plans to introduce casino games and sports betting to the Gutshot operation soon.

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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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