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.
EXCAPSA TOLD TO PAY UP IN ULTIMATEBET SCANDAL
In Canada, The National Post reported at length Tuesday on an important Ontario Superior Court judgement in a civil action tied to the UltimateBet "hole card" cheating scandal which saw thousands of online poker players cheated out of millions of dollars whilst using software that was developed by Excapsa.
With a former Ontario premier and a one-time Royal Canadian Mounted Police commissioner on its board of directors, Toronto-based Excapsa Software Inc. sold its assets in 2006 to former Mohawk grand chief Joe Norton's Tokwiro Enterprises.
Excapsa is currently undergoing liquidation proceedings in the Ontario Superior Court, and has been tied to the UltimateBet debacle.
The National Post reports that Superior Court Justice Sarah Pepall this week approved a settlement that will see Excapsa shareholders pay US$15-millon to Blast Off Ltd., the company owned by ex-chief Norton that runs UltimateBet. Blast Off says it desperately needs the cash to refund the many players cheated while playing online poker between 2004 and 2008.
In September an independent enquiry commissioned by the Kahnawake Gaming Commission found "clear and convincing evidence" of "multiple cheating incidents" on UltimateBet between May, 2004, and January, 2008. A "tool" that allowed insiders to see opponents' hidden cards had been inserted into the site's software, the court was told. The enquiry identified U. S. professional poker player and former WSOP champion Russell Hamilton, a former consultant to UltimateBet, as "the main person responsible" for the cheating.
Hamilton has not been charged with any criminal wrongdoing, and he has not responded publicly to the Kahnawake Gaming Commission's allegations.
The site has already paid out US$6-million but has calculated that it owes at least another US$9-millon to people who were cheated through the hidden tool in the Excapsa software.
David Peterson, the former Liberal premier of Ontario who served as non-executive chairman of Excapsa in 2006, said in an interview that the board of directors had no idea that one of the company's most valuable assets had been rigged to allow cheating. He is no longer involved with the company and said he is 'not sure' whether he continues to hold shares.
Sheldon Krakower, the court-appointed liquidator for Excapsa, said Monday's decision by Justice Pepall will allow UltimateBet to stay in business and refund all cheated players.
The National Post reports that according to documents filed by the liquidator, ex-chief Norton initially sought US$81.4-million in damages for being sold corrupted software. That figure included US$5-million for harm to Norton's reputation and US$49-million for damage done to the company's value as a result of the cheating controversy.
Blast Off Limited alleged that Excapsa "had knowledge of the [cheating] tool" before the 2006 sale but failed to disclose its existence. Excapsa officials have denied any knowledge of the fraudulent software. The cheating was uncovered this year when online poker playing sleuths found that certain UltimateBet accounts were enjoying astronomically high success rates (see previous InfoPowa reports).
The Excapsa sale followed a September, 2006, crackdown on online gambling by the U. S. Congress. Blast Off agreed to pay US$130-million, with US$10-million paid up front and the remainder in installments through 2012. Blast Off stopped making payments last December when the cheating scandal surfaced.
Krakower's own investigation persuaded him that Blast Off had a "valid claim" against Excapsa because the cheating tool was in place when the company and its software asset was sold.
He advised shareholders that fighting Blast Off in court would likely mean an end to payments of the US$109-million still owed from the original sale and could wipe out Excapsa's cash funds of US$36-million.
Krakower acknowledged that the incident continues to leave "a bad taste" with online gamblers.
"How many of these situations might exist that people are not finding?" he said in an interview with The National Post. "The good message, and the message that UltimateBet wants to send, is that it not only cleaned up and took out the tool, but it's refunding players, many of whom probably don't even know that they were cheated and probably don't have the proof."
A detailed analysis was conducted on millions of poker hands to identify who lost money while playing against the cheaters. UltimateBet says their accounts will be refunded.
This is the second cheating scandal to hit gambling sites owned by Norton. In January, Absolute Poker was fined $500 000 by the Kahnawake Gaming Commission after another case in which insiders tampered with software to allow them to cheat. The commission never named the cheaters in that case but said they were not part of the current management. The UltimateBet cheating landed Norton's Tokwiro Enterprises company a $1.5-million fine.
The National Post opines that the cheating scandals have damaged Kahnawake's reputation as a regulatory hub for online gambling. In January, the British government announced that it had refused to add Kahnawake to a "white list" of jurisdictions permitted to advertise online gambling in the lucrative U. K. market.
Norton declined comment when contacted by the newpaper, and the Kahnawake Gaming Commission did not return phone calls.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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.