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Linx Media: Microgaming Poker Room Failures
With reaction in the player community building following Friday's news that the Linx Media Group is insolvent, an online poker marketing expert suggested possible solutions to safeguarding player funds from debacles such as this.
The former Vice President of Marketing for PokerStars, Dan Goldman, told Poker News Daily that online poker sites must change their views toward player deposits moving forward: “Online sites have the same responsibility to their players as banks have to their depositors," he said. "All too often, they treat player bankrolls like their own money.”
Goldman suggests that player funds should be segregated into entirely separate, independently audited accounts.
"This is a simple step that, in addition to bolstering confidence in the site, helps to avoid the temptation to use player funds for operations,” Goldman opined.
It's the sort of commonsense requirement that licensing jurisdictions should perhaps demand as a non-negotiable component of any licensing agreement...and software providers could insist on as well.
Bringing the issue into sharp focus was a comment by a poster at the 2plus2 forum, who claimed that he had spoken to Eurolinx managing director Jo Remme before coming to the conclusion that: “What was clear for me about his story was that they have been trading with our funds and that went extremely wrong. The word ‘trading’ he used himself.”
And a Norwegian poster on the Casinomeister forum noted:
"One of\if not the main guy, is called "Jo Arild Remme", before going on to claim: "He has been in 'trouble' before, with pyramid schemes and other projects going bust", before quoting several Norwegian language websites in support of his allegations.
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Oink Country Love Slot Launches -
Oink Country Love will have players tapping their feet to the country beat with the lovable Oink Bros, Willy and Chancho, who are trying to win over the heart of Miss Southern Charm in this five by three reel, 45-line online slot.
Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.
Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
Kung Fu Rooster Slot Goes Live -
Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.
Sensational Sixes Slot Goes Live -
Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!
3 New Betsoft Slots -
3 new Betsoft slot Games were also added this week to most online casinos allowing US players.
2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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