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Old 08-24-2009, 07:02 PM   #1216
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

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Originally Posted by GrindUnumb View Post
I definitely think that any of the MG skins that have any clout should either force MG to act on this, prove they will back players money (or force skins to), or move to a new network.
I would think between Ladbrokes, Unibet, NordicBet, InterTops they could get anything done. Not everyone reads up on this stuff as much as us. I can see all those brands wanting to make it clear they could never suffer the same fate as Tusk or Linx skins.
Email these sites and your affiliates telling them this and linking them to these type of threads letting them know you won't do business with them as long as they're affiliated with Microgamming or Jo Remme.
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Old 08-24-2009, 09:04 PM   #1217
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

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This is what I was talking about. If they really had a license in Malta it would be like this. Malta is not Curacao or some banana country. I hope you guys the best!
I came across this topic, and as someone with money in the BetonBet sportsbook (I never played poker in my life), I would like to comment on the posts made about the Malta-license BetonBet has.
I don't want to destroy the hopes of the BetonBet-players, but the Malta gambling jurisdiction is not what it is made out to be by some in this topic. Close to ten gaming companies (mostly sportsbooks) have gone bust there in the last several years. Basically, one or two tried to do the right thing and made small partial payments at some point, most vanished never to be heard from again, the Malta LGA doing absolutely nothing.
The most famous example being Betchance, if you google them I'm sure you''ll find your fair share of horror stories. The company went bust, didn't payout for many many months, but kept on trading anyhow. At some point, the company offered existing customers 30 cents on the dollar (which it subsequently never paid to most) but nevertheless relaunched under the same name to attract new business anyway, all without the LGA interfering. Their license was finally suspended beginning of this year, after which the site vanished.

The LGA recently got a new chairman (the old chairman eventually stepped down, but for many years not only was the president of the LGA, but also the owner of the company who supplied the IT-services to almost every betting company on the Island. I wonder why that would be?), and maybe things are changing overthere.
In April betting company Goldvictory went bust. This time the LGA did actually do something, and have made criminal charges against their Greek owner, who's now out on bail. Chances of any funds recovered are pretty much zero though.
In none of any of those sportsbook failures have there been ringfenced accounts which contained all player funds, whatever the LGA rules might be prescribing. Some of these companies were actually honest enterpreneurs going bust, I can't possibly imagine the shady owners of BetonBet do have any reserves left, since nobody seems to be interested in checking up on this over there.

Obviously any BetonBet-player with a claim should contact the LGA (you never know), but don't get up your hopes just because Malta is EU, it's almost as much a "banana republic" as Curacao.
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Old 08-24-2009, 10:29 PM   #1218
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

Here is a site in german language, they have screenshots of the eurolinx "license".
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Old 08-24-2009, 10:29 PM   #1219
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

i would warn against getting into a circular firing squad mentality with how people with more influence behaved. while those of us with less influence might not like their actions, it is hard to fault people for legally acting in their own perceived best interests.

i dont think we will ever see our money, but if we start fighting with each other over who helped who and how, and...etc, our already dismal chances of recovery decrease.
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Old 08-24-2009, 11:23 PM   #1220
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

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Originally Posted by bjw View Post
Obviously any BetonBet-player with a claim should contact the LGA (you never know), but don't get up your hopes just because Malta is EU, it's almost as much a "banana republic" as Curacao.
I don't agree. Maybe Malta is a small country, but in fact it's a country of the european union. So you can't compare it with a banana republic. I think the betonbet players will have a chance to get their money back.
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Old 08-24-2009, 11:26 PM   #1221
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

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Originally Posted by nugget64 View Post
Here is a site in german language, they have screenshots of the eurolinx "license".
Here's a translation from that website ( www.freetranslation.com )

The Online poker world was shaken by a strong scandal. The Microgaming network withdrew Eurolinx and BetonBet the license for its software because the businesses should be insolvent. Players, who were registered in both poker sides, were blocked of Microgaming and anxious now around its bank roll.

Whether they will meet again its money ever, is unclear; however might so how the situation represents itself presently, that are hereupon rather slight hopes. Microgaming gives the concerned players solely the advice to turn after designation of the insolvency administrator with its claims to this. The concrete pray homepages simply was disengaged were removed on the other hand and on the Eurolinx side all contents. Presently only a succinct reference is there that one would plan to liquidate its business.

The scandal had been indicated already for some time. In many poker forums, players lamented himself both poker sides about the fact that they are held out with its payment desired or however these simply were rejected under thin establishments. The exact Hintergund of the insolvencies is presently unclear. In some forums, rumors increase however that one should have himself with real estate verspekuliert.

Especially mysterious the question of the licensing of its poker side represents itself in the case Eurolinx now. Because Eurolinx removed all contents of its sides, one must strive to this the Web archives. At the same time one makes a find also in the deed:

How one sees, Eurolinx had itself as in Curaçao under the license Nr. #5536/JAZ registered expelled. So far, so well. Very strangely it becomes however if one calls the homepages of Curaçao eGaming. Curaçao eGaming is the only official authorized licensor for the bestowing of game licenses Online on Curaçao. Since yesterday, a reference is found there that one had issued no licenses for Eurolinx and Betonbet:



After this strange situation, one could conjecture now that Eurolinx no license at all had for the business of its poker side and the Microgaming network must the question please let himself how carefully it its partners test. Nevertheless they awarded yes 2007 its software license to Eurolinx.

There was already beginning 2008 a similar scandal in the Microgaming network. Microgaming had withdrawn at that time Tusk Investments with more than 20 connected Skins under similar circumstances the license from the Online Gambling supplier. It will appear to what extent the network can attain now yet Vetrauen at the players. To the final clarification of the circumstances, we will hold in any case in spite of deal partially interesting further on that to express no recommendations for Microgaming Skins.

We wish all concerned players that they will recover its money.
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Old 08-25-2009, 04:37 AM   #1222
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

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I'm very sorry to all the players that lost big dough at Eurolinx, that didn't know about Eurolinx history

But, back in 2008, when I lost $145,000 at this site, posted all about it, and warned that they were having financial problems, but did anyone take heed?

Nope....anyone that read my threads in 2008, and lost substantial money at Eurolinx, all I can say is "I told you so, and you deserve what you got"

BigRounder
yeah i read all your threads in 2008, i make sure to catch every bigrounder post

who the **** are you and if you posted all these posts last year why is that your first post

not to mention i'd disregard anything a guy calling himself "bigrounder" says unless it's a hu challenge or something. seriously, bigrounder? that's as fishy a name as "proplayer1987" or a guy i played today "barebackinu"... i bet your avatar is a pic of your dog, your baby or your gf.
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Old 08-25-2009, 04:44 AM   #1223
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

otis_nixon, his posts were referenced in this thread, if you'd read it fully you'd find them.

BigRounder, nobody deserves losing thousands of dollars just for not paying heed to your posts from a year ago. Also, warning they had problems wasn't really what came across as the main topic there.
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Old 08-25-2009, 04:48 AM   #1224
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

Big Rounder thread
http://forumserver.twoplustwo.com/28...x-100k-174012/
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Old 08-25-2009, 04:48 AM   #1225
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

I am definitely sorry for all of you players that have lost their money....
The 43 people working at Eurolinx are also left with no job, no pay for last month, and a 6 months bill of taxes to pay.... since the owner deducted them from their wages and did not pay the Maltese Tax Autority !
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Old 08-25-2009, 04:53 AM   #1226
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

ok i am wrong, i see the posts.

if only i'd heard of bigrounder sooner.
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Old 08-25-2009, 04:55 AM   #1227
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

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Originally Posted by mee View Post
I am definitely sorry for all of you players that have lost their money....
The 43 people working at Eurolinx are also left with no job, no pay for last month, and a 6 months bill of taxes to pay.... since the owner deducted them from their wages and did not pay the Maltese Tax Autority !
Ummmm ... I see you know a lot more about EL than us 'players'. What else can you tell us? Please!
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Old 08-25-2009, 04:58 AM   #1228
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

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Originally Posted by Sheetah View Post
Ummmm ... I see you know a lot more about EL than us 'players'. What else can you tell us? Please!
+1

Please post everything you know about these crooks!
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Old 08-25-2009, 05:01 AM   #1229
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

Well, I would have much more to say, but for obvious reasons i can not post them here.... any questions please ask, and i will see if i can find a way to answer you....
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Old 08-25-2009, 05:07 AM   #1230
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Re: Slow Eurolinx withdrawals? - UPDATE: Eurolinx seeks to put business into liquidation.

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Well, I would have much more to say, but for obvious reasons i can not post them here.... any questions please ask, and i will see if i can find a way to answer you....
You can PM what you know if you like.
Did you work for EL or know someone that did?
Did Jo Remme know they were going under and if so for how long?
How much did Microgaming know what was going on?
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