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DVD On Poker Hole Card Scandle Being Released
Friday July 27,2012 : DVD ON THE POKER HOLE CARD SCANDAL PLANNED
Ultimatebet may wish this would just go away, but there's an abiding interest in poker's biggest cheating scam
Online poker player and writer Scott Bell told the Quadjacks poker information site this week that he is planning on turning his extensive research and writing effort on the Ultimatebet cheating scandal into a documentary film about internet poker's biggest scam.
Bell says he will release the documentary later this year through both video-on-demand and DVD distribution channels.
The hole card insider-cheating debacle at Ultimatebet some years ago has generated acres of negative news and information website coverage on a mainstream as well as industry basis.
Originally uncovered by players-cum-detectives on major message boards like twoplustwo, the scandal ultimately triggered a major investigation by Ultimatebet's licensing body, the Kahnawake Gaming Commission, which ascribed principal blame to Russ Hamilton, a former World Series of Poker champ, Ultimatebet consultant and poker pro.
Staggering amounts of money were involved in the scam; the KGC eventually quantified the amount players were cheated by as over $22 million, and hefty fines were levied on the companies concerned.
Titled ‘Ultimate Beat”, the Bell documentary will detail the financial damage to thousands of players, and the lengths to which Ultimatebet managers went to hide their involvement and evade responsibility.
It may even provide more information on several other persons allegedly involved in the scandal who were not brought to book in the official investigations and remain unpunished and unnamed, much to the anger and frustration of players who were disadvantaged in the cheating scam.
Bell told Quadjacks: “The site went to extraordinary lengths to cover its tracks. Although the collective investigation that took place in 2008-2009 was really amazing, what was presented as what had happened, didn’t really happen. What really happened is that the company paid a lot less back than they reported, they made up a lot of silly stories as to why they couldn’t provide an audit trail or hand histories, and the people involved at the height of the cheating have never answered the first questions.”
The Black Friday indictments sounded what is generally accepted to be the death knell for the Cereus Poker Network, which was the final home of Ultimatebet and its sister site Absolute Poker, both now widely believed to be moribund in the wake of the US Justice Department action.
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Gambling News :
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.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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