No Deposit Bonus : SlotsLv casino currently is offering everyone a $22 no deposit bonus. New Players Only. Fully Cashable. USA and Canadian Players are welcome. Please see our SlotsLv review page for the no deposit bonus info. SlotsLv Review
Best USA Casino Bonus
Big Casino Bonus : All USA Players Welcome: Bovada Casino the #1 USA Online Casino offering all new signups a $3000 table game and slots bonus + weekly cash back. All new accounts qualify thru our link. No codes needed. For full bonus information please see our Bovada Bonus review.
Intrade liquidation 50 Cents on the Dollar
Saturday April 6, 2013 : BAD NEWS FOR INTRADE PUNTERS
Just 50 cents on the dollar offered to ward off liquidation.
The financially troubled betting firm Intrade, which served as a predictions platform for elections and non-sports-related events before coming short amid allegations of financial irregularities and suspicious multi-million dollar payments to deceased founder John Delaney now faces liquidation, according to a report Friday in the New York Times and Bloomberg business news.
A month ago Intrade halted trading and froze the client accounts on its books.
In an attempt to salvage the company, Intrade director Ronald Bernstein has now apparently communicated with the firm's clients revealing that the current shortfall in funds on the books is $700,000.
He has proposed that those owed accept 50 cents in the dollar immediately, based on their currently frozen accounts, waiving the balance and accepting the company's rather nebulous assurance that every effort will be made to ensure they are full compensated at an unspecified date in the future.
Bernstein claims that the shortfall resulted from unspecified actions by two other parties, whom he did not name.
“We are now very confident about the reasons which caused the current circumstance of the company; however, for legal reasons we are not yet at liberty to document them to you,” Bernstein write in his communication.
“I can confirm that the company, if it is able, intends to vigorously pursue two substantial monetary claims against two distinct parties for an aggregate amount greater than $3,500,000.”
Clients are faced with a rather stark choice; Bernstein says: “If the company is not able to rectify this cash shortfall position very quickly, the company will become insolvent and therefore is very likely to go into liquidation.”
The 14-year-old Intrade web site functioned as a gambling hub for both professional and amateur investors, letting customers buy and sell contracts tied to the outcome of a future event. It had often been cited for its predictive abilities on matters ranging from the outcomes of American presidential elections to the probability of developments like an Israeli airstrike against Iran.
Last month, the company announced that it had halted trading after auditors found potential financial irregularities involving more than $2.6 million in payments to Intrade’s founder, John Delaney, and other unnamed third parties. In 2011 Delaney passed away in an attempt to reach the summit of Mount Everest.
Intrade also found itself under fire from the Commodity Futures Trading Commission in the United States, which filed a complaint accusing the company of offering contracts outside traditional exchanges and without regulatory approval, and of filing false forms with regulators.
Thus far Bernstein has managed to persuade Intrade's 40 largest clients to opt in to the 50 percent deal; the rest of the client list has until April 9 to decide, and in the interim Bernstein is in discussions with other parties who may be prepared to make investments and assist in keeping Intrade alive.
Gambling News :
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
Please Note : Gambing might not be legal in your area. We bring you www.recentpoker.com as an information and gambling news site only. We hope that you find all the information and gambling news found in www.recentpoker.com to your liking. Please tell your friends about us and visit us again soon.