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The fall out from Absolute / UB filing for bankruptcy

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  • #624535
    chickenmcfly
    Member

    FYI
    Indicted poker websites bound for bankruptcy – Business – US business – msnbc.com

    “One of three online poker companies named last month in a federal indictment will be forced to enter bankruptcy, leaving American card players with money on deposit with the Absolute and UB poker sites at least temporarily empty handed.”

    What about the affiliates?

    #816022
    Anonymous
    Inactive

    Up the creek without a paddle. Getting to be common place these days.

    #816023
    Tramalosri
    Member

    It is sad when people who help building a brand is being affected so badly when something like this happens. One of the pro’s with a more regulated market where player’s money is kept aside from the day to day business so that money always is safe.

    Harder to protect the affiliates in the same way I believe.

    *edit – unless backed by a government.

    #816024
    Anonymous
    Inactive

    Wow huge news, perfect time for someone to come in and buy the network? Inter-state run poker room?

    #816055

    I guess bad timing for blanca games to buy this poker sites.

Viewing 5 posts - 1 through 5 (of 5 total)