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One Year And Still No Lock Poker Payments

Saturday December 28,2013 : PATIENT PLAYERS MARK ONE-YEAR ANNIVERSARY OF NON-PAYMENT BY LOCK POKER
 
Former Revolution network skin still battling to pay relatively small amounts.
 
The controversial online poker operator Lock Poker was under the microscope again this week, once more over long-outstanding payments to players.
 
The online poker information site 4Flush reported on the case of two players who have been awaiting relatively small payments (less than $2,000) by check since December 20 2012...a frustrating way to celebrate an anniversary, for sure.
 
And 4Flush notes that according to posts on the twoplustwo poker forum, the oldest Western Union withdrawal request for a Lock payment was made on February 20, 2013.
 
"Other U.S. online poker sites process these types of withdrawals in the matter of days.  This is not just an issue with U.S. players.  Tens of thousands of dollars are pending to international ewallets from requests dating back to March 2013.  Many pending ewallet transactions are in the amount of $10,000, the maximum allowed by Lock Poker," journalist John Mehaffey writes.
 
The total amount owed as of December 23, 2013 reportedly exceeds $700,000 spread among 265 players, but this statistic reflects only those players who have contacted two poker players who are leading the charge in keeping the pressure on Lock Poker to meet its obligations.
 
Reports on the twoplustwo forum suggest that there appears to be no chronological order or pattern to payments, some of which have been made to players who have "only" waited for up to seven months to get their cash.

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Gambling News :

Interwetten 2016 Earnings Results - Privately-owned online sports betting operator Interwetten delivered robust full year results for the 2016 fiscal period, in which the company has almost achieved doubling its revenues over the past four years, success it attributes to its in-house developed platform

EU Online Gambling Tax Harmoney Dead - Tax expert says European Court of Justice Attorney General's opinion on UK-Gibraltar litigation signals that EU courts are happy for individual member states to impose their own laws on online gambling.

Jack Lam Facing Big Fines in the Philippines - It's going to be costly for Macau online gambling and junket tycoon Jack Lam to return to the Philippines following his rather hurried departure last year with allegations of economic sabotage, bribery and tax evasion swirling around him.

Walter Merricks Term As Gambing Commissioner Extended - The UK Government has extended Walter Merricks’ term as Commissioner of the Gambling Commission for a further year, ending December 31, 2017.

Loot’enKhamun Pays $3.8 Million Jackpot - A London-based construction worker’s year got off to a great start when he hit the Loot’enKhamun jackpot at bwin casino.

PlaySugarHouse To Carry Konami Content - Content provider Konami will provide its Gypsy Fire and Fortune Stacks slot games to Rush Street Interactive-operated PlaySugarHouse.com on an exclusive basis in the New Jersey real-money online and mobile wagering market.

ITF TERMINATES BETWAY SPONSORSHIP DEAL - The International Tennis Federation (ITF) has reportedly terminated Betway’s three-year sponsorship partnership as an extension to their anti-match fixing and sports integrity policy.

GSA To Launch European division - The expansion enables the GSA to better focus on the regional needs of its members outside of North America and underscores its recognition and commitment to growing European membership.

Paddy Power Trading Update - Company prevails despite adverse sports and US election results; Trump success cost the group GBP 5 million, whilst punter successes took another GBP 40 million in Q4-2016.

Tabcorp SunBets project - The details were revealed this week in an IT News article quoting Tabcorp's chief information officer, Kim Wenn, who described the SunBets project as Tabcorp's biggest global venture yet.

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