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KAHNAWAKE GAMING COMMISSION COMMENT ON EXCAPSA RULING
Hard on the heels of press reports concerning an Ontario Superior Court settlement between the software provider Excapsa and Blast Off Limited this week (see previous InfoPowa report), the Kahnawake Gaming Commission has issued an official statement.
The settlement forms a part of liquidation proceedings on Excapsa, which cannot realise the full benefits of a purchase price agreed in 2006 with Blast Off Limited until a $15 million question of compensation has been settled. Excapsa sold its flawed software with UltimateBet and Absolute Poker to an ex-grand chief of the Mohawks, Joe Tokwiro Norton.
The flaws in the software were subsequently exploited, allegedly by former WSOP champ Russ Hamilton, to cheat players at the online poker sites over several years. The cheating was exposed by player-detectives, and this eventually led to the KGC appointing an enquiry into the scandal by consultant and regulatory specialist Frank Catania. Based on Catania's findings, the KGC imposed a $1.5 million fine on UltimateBet, considerably higher than a fine of $500 000 imposed on sister site Absolute Poker some weeks earlier.
The Commission also made the retention of its licence conditional on several requirements to be accomplished by November 3. These included the removal of any staff or contractors implicated in the cheating; proof that the flaws had been fixed; ongoing monitoring by the KGC and the refund of money to all players who may have been prejudiced by the cheating.
Because it was embroiled in a civil claim against Excapsa, which was seeking liquidation, as the seller of the flawed software, UltimateBet asked for an extension of the November deadline, which has now been granted.
The Kahnawake statement reads:
Kahnawa:ke Gaming Commission Confirms UB Compliance with Interim Decision:
"The Kahnawá:ke Gaming Commission ("KGC") announced today that it has received information from its agents, Ultimate Bet and other related parties indicating that Ultimate Bet has addressed, or is addressing, the matters set out in the KGC interim decision of September 29, 2008.
"In particular, the KGC has confirmed that Ultimate Bet has commenced reimbursing approximately US$15 million to players who were adversely affected by the cheating incidents. This is in addition to the US$6.1 million that Ultimate Bet has already reimbursed to players.
"The KGC will defer its final decision in this matter for a short period of time for the purpose of ensuring that all required reimbursements have been made.
"In addition to reimbursements to players, the KGC is considering the available evidence and will decide whether Ultimate Bet has satisfied all of the other terms of the KGC interim decision.
"The KGC's final decision in this matter is expected to be issued once all player refunds have been confirmed.
NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday -
Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.
Pro League Reveals Sportradar Contract Details -
The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.
NFL Odds: Steelers Visit Undefeated Chiefs #TNF -
The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.
Mega Moolah strikes again -
The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.
2 New Slots For Microgaming Casinos -
David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.
MLS Odds: Red Bulls vs. Whitecaps -
The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.
MLB Odds: Yankees Favored in AL Wild Card Game -
After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.
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