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Discussions on the popular poker message board 2plus2 reveal that a large scale collusion ring involving several dozen Chinese players, who profited by as much as $750 000 on the PokerStars.com website, has been uncovered.
 
Initial reports indicate that PokerStars moved quickly to deal the cheaters out, and has already agreed to reimburse players impacted by the fraud to the tune of $587 000.
 
The ring apparently operated on $108 Double or Nothing sit and go tournaments, starting last summer but being unmasked as early as February this year.
 
One of the fraudsters, using the nickname Jane0123 brought the issue into the limelight when he whined on the 2+2 forum that his PokerStars account containing winnings of $10 000 had been frozen by the operator. 
 
In the storm of responses that followed it was alleged that the poster had been a member of the ring who had been reported by other players to PokerStars, and that relevant Sharkscope data showed that Jane0123 had played 11,766 Double or Nothing tourneys with an average stake of $87 and had achieved a profit of $56,300.
 
Other big players from the Double or Nothing leaderboard at PokerStars were also accused, including one ‘Wudiya’ who made around $96 000 on the DoN games last year.
 
2+2 revelations include the claim that often half of the players in any given game have been part of the ring, most of them coming from the Chinese town of Hangzhou.
 
The cheaters may have generated up to $600,000 as rake to PokerStars, some posters claim. While users on 2+2 admit that DoN's are an easy target for colluders and such collusion can be difficult to detect, others say that the cheating happened on such a scale and duration that PokerStars' security should have put their sensors up much sooner.
 
Investigations continue, but many suspect that so is the cheating, this time possibly by another group of Chinese players who recently joined from the Wenzhou area in China.
 
Any player suspecting that they have been affected by collusion should contact PokerStars at email address gamesecurity@pokerstars.com.
 
Read the full story at http://www.coinflip.com/news/collusion-scandal-pokerstars-don-sit-gos.html

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Gambling News :

Amaya FY2016 Trading Update - The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

LeoVegas To Sponsor Leicester Tigers - The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.

Optima Information Services iShop - Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

CAGAYAN CHIEF MOVES TO REASSURE LICENSEES - Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.

New Massachusetts Online Gambling Bill - It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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