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.
Zen Entertainment has filed for Chapter 11 bankruptcy
Wednesday January 30,2013 : POKER SUBSCRIPTION CLUB NETWORK IN FINANCIAL TROUBLE
Business model didn't work out, admits Zen Entertainment
The Nevada-based online poker subscription club network Zen Entertainment has filed for Chapter 11 bankruptcy, according to reports on the poker information site Pokerfuse Tuesday.
The report notes that Zen has admitted in its filing that its business model was flawed and was unsuccessful, failing to deliver a profit despite a 750,000-strong player base.
The filing also revealed that the company borrowed $16 million from stock broker and internet entrepreneur Ernest Moody over the past three-and-a-half years, and that for the past six months its efforts to sell its technology platform have been unsuccessful.
That could change, with the company currently in discussions with Swedish online gambling provider NYX Gaming Group, where it proposes that in return for a 'rescue' investment of $695,000, NYX becomes the sole shareholder of what is left of the company, including its technology platform.
Zen's CEO, Marc Sperburg, said in the bankruptcy documentation that his company's business model had not been successful and "...shows no signs of become profitable in the future."
Sperburg bet - and lost - on the federal legalisation of online poker in the United States, hoping that his free-play, monthly subscription platform could convert to real-money poker in a legal and lucrative new environment.
Pokerfuse notes that a number of well-known brands operate on the Zen network, including Nevada-licensed South Point Poker, which is reportedly developing its own real-money software FreeGoldPoker.com and Cardplayer Poker (formerly Spade Club).
Gambling News :
Bovada Poker is Back -
We've got some great news! Poker is back at Bovada. Players who never claimed the Poker Welcome Bonus are still eligible to redeem the bonus and get in on the action.
Gnome Wood Slot Launches -
An enchanting adventure awaits players in Gnome Wood, a magical 5-reel, 25 payline online slot from Rabcat, exclusive to Microgaming and Quickfire operators.
Bitcasino.io Relaunch -
Bitcasino rebrands with focus on ‘fun, fast & fair’ gaming. The new site introduces a striking modern design for a whole new gaming experience, including easier access to Bitcasino’s market-leading range of over 1,300 slots, table games and live dealer casinos from the industry’s leading suppliers.
League of Legends Live Odds -
This week, Betradar, the premium partner for the betting industry worldwide, has officially launched live odds for League of Legends, developed in conjunction with esports big data specialists DOJO Madness.
Comunio in deal with -
One of the leading providers of fantasy sport across Europe, Comunio, has kicked off its pre-season build up by signing a transfer deal that will see Sportradar
McGregor’s Odds vs. Mayweather Get Even Shorter -
Conor McGregor is still the underdog for his August 26 superfight in Las Vegas with Floyd Mayweather Jr., but his odds are improving. McGregor has shortened from +375 last week to +350 at press time, with Mayweather moving from –550 to –500.
Gemtopia Slot Launches -
This spectacular new slot from Real Time Gaming includes 2 glittering features, a Wild Re-Spin Feature and a Free Games with Bonus Picks Feature!
MLB Odds: Yankees vs. Jays at Rogers Centre -
The Toronto Blue Jays (56-61, –14.26 betting units) are moving slowly up the AL Wild Card standings, and they can get closer to the Promised Land by beating up on the injury-plagued Tampa Bay Rays (59-60, –2.79 units). Game 2 of their four-game series is Tuesday at 7:07 PM ET on Sportsnet.
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.