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Friday June 15,2012 : EDIA CORP ACCOUNTS UNDER THE MICROSCOPE? (Update)
Forensic accounting exercise contemplated
Information on Media Corp surfacing Thursday suggests that the new management which replaced Justin Drummond and Sara Vincent may be concerned at discrepancies in the accounts, and is contemplating a forensic accounting exercise that could have serious ramifications in the coming weeks.
This may be the reason for their continued silence despite ongoing complaints and the mounting anger of investors and unpaid Purple Lounge players.
Media Corp is the parent company of the failed online poker room and casino, placed into liquidation by the new Media Corp management earlier this monthafter the previous management - prior to stepping down - 'suspended' its activity, leaving players uninformed and unpaid.
The mystery around litigation launched against Media Corp by CD Casino.com Limited has also been cleared up.
CD Casino.com Limited director, and well-known e-gaming publisher, Michael Caselli has confirmed that the legal action was launched against Media Corp in respect of a business deal with its former subsidiary Gambling.com, and had nothing to do with Purple Lounge. The case is still being pursued.
Caselli publicly and privately warned the previous Media Corp management on what in his opinion were questionable management decisions, but was apparently ignored.
There are also strong indications that outraged Media Corp investors may be planning legal action against the former management.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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