Boss Media Server Seizure

Yikes.

What does this mean for affiliates and players?

Affiliate Club owes me money — will I ever see it?

The issues I have with this again like last time (http://www.casinoaffiliateprograms.com/bb/showthread.php?t=26321) is that there is no new coverage in mainstream press – I can see a few posts here and there in a forums and a few affiliate sites that have run with the story after reading the posts but that is all.

This sort of news would be all over the mainstream and iGaming trade press and it isn’t anywhere to be seen which is massively surprising considering the implications it will have on the industry and on the companies share holders.

Remember Boss is a floated company owned by the biggest lottery company in the world and are unlikely to just have their servers seized without any news or noise…..

Until I read this else where I personally will wait and see. Of course I could be wrong but I doubt it…….

Ok – Just got this offical statement sent through from Boss

Boss Media assures player funds and no disruption in services

In relation to the statements made by Poker Trillion August 18 (“Trillion Limited -v- Boss Media Malta Limited and Boss Media AB”), Boss Media has issued the following statement.

Poker Trillion’s recent comments are a reckless attempt to support a legal action that is without merit and initiated as retribution for their dismissal from the Boss Media network. To be clear, player funds are not affected by the current proceedings. All players’ funds are held separately under the control of the Malta Lotteries and Gaming Authority and cannot be seized by any court.

Poker Trillion is a former customer of Boss Media who was terminated because of rake back violations. They have since then repeatedly tried to disrupt the Boss Media business through the dissemination of groundless rumors. In April 2008 Poker Trillion alleged in a press release a claim that among other things, Boss Media player funds were frozen. The allegations were false but typical of the type of tactics employed by Poker Trillion.

While there has been no hearing on the merits of the Poker Trillion suit, there have been preliminary hearings on the matter. Boss Media has assured that adequate security is provided in Malta in the event of an award of damages against it which we believe to be unlikely.

Boss Media is currently exploring various legal options regarding our Maltese assets and can assure that Boss Media has the requisite assets in place to ensure that our business will continue to operate with the highest standards. In the extremely unlikely event that any Malta operations would be affected, Boss Media have high-performance back-up systems in place to ensure continued service to all our customers and their players.

For further information, please contact:
Mery Blomqvist, Public Relations & Marketing Manager, Boss Media AB, telephone:
+46 (0)70 768 533 256, e-mail: [email protected]

I am like Engineer waiting on months of money due, they seem to have a problem paying the affiliates in the US.:Cry:

Alex, thanks for posting the official response from Boss. At the moment I don’t have more updates for you, but I can assure you as soon as I do, I will let you know.

Bonusstreak – I thought you had received payment. Can you please let me know if you are still due any payments and I can take care of this today.

Thanks

Claire

http://www.lga.org.mt/lga/news_full.asp?newsID=75

The Lotteries and Gaming Authority informs the public that the dispute between Poker Trillion Limited and Boss Media AB is solely of a commercial nature between the two parties and therefore the Authority is not involved directly in this dispute. Nevertheless the Authority is following closely the developments of this case in order to safeguard the interests of the players.

The Authority would like to advise the players on the poker network that the player funds are held by separate legal entities who are not party to this case. Furthermore, the network has issued a bank guarantee in favour of the Authority for the purpose of securing all players’ funds and liquidity.

Boss Media AB is the ultimate beneficiary owner of Boss Media Poker Limited who was granted a Class IV license by the Authority on 20th March 2008. Poker Trillion Limited is not licensed by the Authority but is an intermediary to another operator licensed in Malta.

This statement has been posted at Boss for weeks.
Glad to see Pokertrillion has withdrawn the suit.
We have enough shit going on in this industry without the crap and mudslinging Pokertrillion was up to.