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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.
Gambling News :
Live Dealer Now At Slotocash -
Live Dealer can be found in the left navigation menu under 'Live Dealer' when you, the player is logged in to instant play.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
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