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Have Pokerstars Busted a Collusion Ring
POKERSTARS DISCOVERS AND DEALS WITH T&C VIOLATIONS
Many players report receiving refunds - some over four figures.
Online poker forums lit up this week with reports from Pokerstars players that they have begun receiving refunds following what appears to be a major bust by Pokerstars security, although the company has not released specific details.
The refunds appear to stem from the popular Spin&Go action offered by Pokerstars, with some players claiming they received payments of over four figures.
The refunds were accompanied by a letter from the online poker provider's Game Integrity Team advising that the company had become aware of violations of its terms and conditions that were to the detriment of other players.
"You participated in games that were under consideration in this case and as a result you may have been adversely affected," it advises, going on to explain that in cases such as these the Pokerstars policy is to confiscate the balances of the offender(s) and for PokerStars to add funds where appropriate. This compensation pool is then distributed to players potentially affected in as fair a way as possible.
Players are asked to confirm their credit on the Pokerstars website.
"The integrity of the games at PokerStars is of paramount importance and appropriate action will always be taken when players operate outside the Terms of Service," the letter continues. "PokerStars works hard to police the games in order to pro-actively prevent such instances. However, in cases where it is discovered that rules breaches have occurred, the aim is to ensure that any players affected are compensated appropriately.
"We regret that we will be unable to answer questions as to how your specific credit amount was calculated. Likewise, we are not at liberty to identify the specific games or player(s) in question. Suffice to say that the offender(s) have been barred from the site and you will not encounter them again."
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Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
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