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Shane Shane

04-12-2013 , 04:44 AM
Seeing as you "Bought" the network.Why doesn't the network disclose who are on this revolution board.seeing as they owe me a ****load of money obv they should make special arraignments to pay me or at least disclose who is making the decisions that are affecting my ability to get my money.i emailed the revolutiongaming.eu and their response when asked "We cannot provide the contact details or otherwise of our management team"
same typical response i got from cake and from juicy when emailed in past.

Questions:
#1.Who are the owners for the skins Cake/Lock/Juicy stakes.
#2.Why does everyone try to conceal this information.
#3 Why does your "Regulator" never respond to emails. Do you ever talk to the Regulator thru email. do they respond to you
#4 you make us care about this because u don't pay out fast enough for the larger balance players.The Network cashier needs to make special accommodations for larger balance people who have the most at risk. (Like raising the withdraw limit, still make them wait 2 months for skrill but now they can takeout 2X where as most can only that out X depending on balance)This is a legitimate proposal correct?

Last edited by TicKinTiMeBomB; 04-12-2013 at 04:56 AM.
04-13-2013 , 02:15 AM
You gonna answer these Shane???
04-13-2013 , 03:39 AM
I'm gonna go out on a limb and predict that Shane will respond to this post with a simple cut and paste from his response database.
04-13-2013 , 04:12 AM
Quote:
Originally Posted by TicKinTiMeBomB
Seeing as you "Bought" the network.Why doesn't the network disclose who are on this revolution board.seeing as they owe me a ****load of money obv they should make special arraignments to pay me or at least disclose who is making the decisions that are affecting my ability to get my money.i emailed the revolutiongaming.eu and their response when asked "We cannot provide the contact details or otherwise of our management team"
same typical response i got from cake and from juicy when emailed in past.

Questions:
#1.Who are the owners for the skins Cake/Lock/Juicy stakes.
#2.Why does everyone try to conceal this information.
#3 Why does your "Regulator" never respond to emails. Do you ever talk to the Regulator thru email. do they respond to you
#4 you make us care about this because u don't pay out fast enough for the larger balance players.The Network cashier needs to make special accommodations for larger balance people who have the most at risk. (Like raising the withdraw limit, still make them wait 2 months for skrill but now they can takeout 2X where as most can only that out X depending on balance)This is a legitimate proposal correct?
1. Of course I cant answer that for these people.
2. I think its fairly obvious why most US facing operators remain 'under the radar'. Aside from Calvin and Jen name one other US facing owner of a poker room or network.
3. Im not personally involved in that side of our business so I cant be sure. I can say from my experience with Merge that yes regulators do regularly contact rooms about problems, and there were often the same reports there of players not getting responses despite the regulator sending plenty of sternly worded emails on behalf of players.
4. The fix is speed, cashouts need to be faster. Limits are set by processors and we cant go over them. We need to get those cashout times down so players can get multiple Skrill/WU out in a month. Thats the goal we are working towards and when the backlog is finally cleared we can build on the little bit of progress we have made so far (finally seeing some WU in under 3 weeks) and get both Skrill and WU especially back to the speeds they should be.
04-13-2013 , 04:09 PM
Quote:
Originally Posted by imjustshane
1. Of course I cant answer that for these people.
2. I think its fairly obvious why most US facing operators remain 'under the radar'. Aside from Calvin and Jen name one other US facing owner of a poker room or network.
3. Im not personally involved in that side of our business so I cant be sure. I can say from my experience with Merge that yes regulators do regularly contact rooms about problems, and there were often the same reports there of players not getting responses despite the regulator sending plenty of sternly worded emails on behalf of players.
4. The fix is speed, cashouts need to be faster. Limits are set by processors and we cant go over them. We need to get those cashout times down so players can get multiple Skrill/WU out in a month. Thats the goal we are working towards and when the backlog is finally cleared we can build on the little bit of progress we have made so far (finally seeing some WU in under 3 weeks) and get both Skrill and WU especially back to the speeds they should be.
You could solve all this by adding bitcoin as a payout option. I know everybody that is owed money would take that in a heart beat. You don't have to deal with any processors. The fact that you don't do this just goes to show you really don't have the money.

Any talk of variance in bitcoin as a reason not to do it is also bs, as anybody who wants to get money off your site has to sell it at .60 on the dollar.
04-13-2013 , 04:12 PM
Quote:
Originally Posted by onemoretimes
You could solve all this by adding bitcoin as a payout option. I know everybody that is owed money would take that in a heart beat. You don't have to deal with any processors. The fact that you don't do this just goes to show you really don't have the money.
Couldn't be more true and well explained.

They also owe money to skin operator on the network for months!
04-13-2013 , 04:12 PM
Quote:
Originally Posted by onemoretimes
You could solve all this by adding bitcoin as a payout option. I know everybody that is owed money would take that in a heart beat. You don't have to deal with any processors. The fact that you don't do this just goes to show you really don't have the money.
Or because businesses don't make these kind of decisions overnight and there's probably far more to consider for them than what appears to us as customers.
04-13-2013 , 06:11 PM
Quote:
Originally Posted by WarrenBuffetTrade
Couldn't be more true and well explained.

They also owe money to skin operator on the network for months!
Lock Poker is completely up to date with its payments to the network, this has been covered several times.

I can make no statement on the state of balances between the network and other skins as Im not involved and dont work for either of the parties involved.
04-13-2013 , 06:18 PM
Quote:
Originally Posted by imjustshane
Lock Poker is completely up to date with its payments to the network, this has been covered several times.

I can make no statement on the state of balances between the network and other skins as Im not involved and dont work for either of the parties involved.
The network owe money to skins and Lock Poker own the network. And i don't care if they are 2 different registered company. The owners are the same.
04-13-2013 , 06:18 PM
Quote:
Originally Posted by imjustshane
2. I think its fairly obvious why most US facing operators remain 'under the radar'. Aside from Calvin and Jen name one other US facing owner of a poker room or network.
.
I could name several as could a lot of others here. But doesn't much matter, just pointing it out.
04-13-2013 , 06:23 PM
Quote:
Originally Posted by higher visions
I could name several as could a lot of others here. But doesn't much matter, just pointing it out.
My point also wasn't that they are completely unknown, but for example you aren't going to see the ownership of the 3 largest network posted anywhere, nor having their reps coming into threads to name them.

(Not trying to argue just wanted to clarify what I meant)
04-13-2013 , 06:33 PM
Quote:
Originally Posted by Mccormick
Or because businesses don't make these kind of decisions overnight and there's probably far more to consider for them than what appears to us as customers.
Well it's not like this **** started yesterday. They pay a bunch of programmers to make "fair play technology", yet can't do something as simple as payout in bitcoin.

No there isn't "far more to consider" with bitcoin payouts.. it is unbelievably easy. It is a godsend for money transactions, and not once did he even address it. Why would a company pay all the fees for processors when they can do without? Hint Hint.. they want to be able to blame the processors for the reason they can't pay.

100% this company is insolvent
04-13-2013 , 06:39 PM
Quote:
Originally Posted by onemoretimes
Well it's not like this **** started yesterday. They pay a bunch of programmers to make "fair play technology", yet can't do something as simple as payout in bitcoin.

No there isn't "far more to consider" with bitcoin payouts.. it is unbelievably easy. It is a godsend for money transactions, and not once did he even address it. Why would a company pay all the fees for processors when they can do without? Hint Hint.. they want to be able to blame the processors for the reason they can't pay.

100% this company is insolvent
Ive addressed it several times.

Bitcoin is something we continue to monitor but its not something we are ready to integrate.

People of course say that this is proof we are insolvent, but since Ive seen the Merge Bitcoin thread running and clearly they arent about to add it, and we havent seen Bovada, Party, Stars or Tilt add it yet either. So by this logic all of those companies are insolvent as well.

While from a stand point the anonymous nature of Bitcoin makes it look like the perfect solution for online gaming payments, from a business standpoint there is still a way to go before its probably going to find widespread adoption by online gaming companies.

I personally am very interested in how it plays out, I can see a future where Bitcoin becomes the perfect processing option and is a huge success, but I can also see a future where it just doesn't work out. Its something I monitor carefully as does our management.
04-13-2013 , 08:26 PM
Quote:
Originally Posted by imjustshane
Ive addressed it several times.

Bitcoin is something we continue to monitor but its not something we are ready to integrate.

People of course say that this is proof we are insolvent, but since Ive seen the Merge Bitcoin thread running and clearly they arent about to add it, and we havent seen Bovada, Party, Stars or Tilt add it yet either. So by this logic all of those companies are insolvent as well.

Lol. They are paying their customers. That is the big difference!
04-13-2013 , 08:27 PM
Quote:
Originally Posted by imjustshane
Ive addressed it several times.

Bitcoin is something we continue to monitor but its not something we are ready to integrate.

People of course say that this is proof we are insolvent, but since Ive seen the Merge Bitcoin thread running and clearly they arent about to add it, and we havent seen Bovada, Party, Stars or Tilt add it yet either. So by this logic all of those companies are insolvent as well.

While from a stand point the anonymous nature of Bitcoin makes it look like the perfect solution for online gaming payments, from a business standpoint there is still a way to go before its probably going to find widespread adoption by online gaming companies.

I personally am very interested in how it plays out, I can see a future where Bitcoin becomes the perfect processing option and is a huge success, but I can also see a future where it just doesn't work out. Its something I monitor carefully as does our management.
Why would any of these sites even consider using Bitcoin as an option when they're capable of paying out players in US dollars in 2 weeks MAX?
04-13-2013 , 10:03 PM
Quote:
Originally Posted by imjustshane
So by this logic all of those companies are insolvent as well.
So if we compare you to them, how come your cashouts take months instead of days like theirs do.

You can withdraw to Skrill on PS and it is instant, same as FTP.

How long does yours take ?

When you match their payouts then you can start comparing yourselves to them. Until then you are nothing like those other poker sites and its a feeble smokescreen to hide the real facts why you aren't paying people. WHich is what we all know to be true, you don't have the money....
04-14-2013 , 05:32 AM
Quote:
Originally Posted by BuSTMeANuT
Why would any of these sites even consider using Bitcoin as an option when they're capable of paying out players in US dollars in 2 weeks MAX?
Number of reasons.

1. Almost instant processing
2. Almost no fees for either party
3. Can't be traced.. happy days for the DoJ.
04-14-2013 , 08:48 AM
Shane, would you agree cash outs for the network have gotten slower and slower overall since your taking over the network. i have first hand exp. if watching this occur as do many others here. so you been saying cashout have been improving for how long now?(prolly month after lock bought the network)Their is no track record of that happening man. ask every withdrawing person on 2p2 on the network if they think their wait times have increased or decrease.
04-14-2013 , 09:42 AM
Quote:
Originally Posted by BuSTMeANuT
Why would any of these sites even consider using Bitcoin as an option when they're capable of paying out players in US dollars in 2 weeks MAX?
Because if it's the holy grail of easy and free payment processing, they would likely do it anyway. They're businesses. Businesses want to make more money. What makes you think they'd pass up on the opportunity just because their cashouts are fine as it is? Do you even realise what cost payment processing has on a poker site? It's probably -the- single biggest expense an online poker site has.
04-14-2013 , 01:42 PM
Another argument from Shane that doesn't carry water anymore is when he says Lock is slower than other rooms at processing because of its size and the amount of players they have. Have you looked at the pokerscout numbers recently Mr. Bridges? You guys have fallen clear off a cliff!

Revolution, as in the entire network, is only about 60% the size of Bovada. Its currently only ~15% larger than Merge. This is the ENTIRE network of Revo were talking about, not just Lock.

Lock, being absolutely generous, has 60% of the entire player pool on Revo. That means that Lock, a company that's roughly 65% smaller than the Bovada network, is getting completely pummeled by them in processing withdrawals as it's only taking 2-4 weeks to cash out from Bovada using their longest withdrawal method!

The longest cash out times on the entire WPN network appear 2-4 weeks!

4-8 weeks for the longest method on Merge!

There's so many holes in their story its starting to look like swiss cheese.

source for cashout times: http://www.rakeback.com/articles/us-cashout-report/
04-14-2013 , 01:59 PM
Quote:
Originally Posted by imjustshane
The fix is speed, cashouts need to be faster. Limits are set by processors and we cant go over them. We need to get those cashout times down so players can get multiple Skrill/WU out in a month. Thats the goal we are working towards and when the backlog is finally cleared we can build on the little bit of progress we have made so far (finally seeing some WU in under 3 weeks) and get both Skrill and WU especially back to the speeds they should be.
what you call progress I call bumping up a couple withdrawals to make it look like its getting better overall. there are people still waiting for Western Union withdrawals that were requested in January, Shane...

until all of those are cleared and you show some consistency that withdrawals can be processed in a reasonable time frame, it continues to look like nothing more than a pitch from a snake oil salesman.

Edit: adding this for the sheer lolz of Shane big upping his 3 or 4 people who were pushed ahead of the line to make it look like things were getting better. this is from today in the check withdrawal thread.

Quote:
Originally Posted by DLevy310
$3K Check Requested 11/19/12
Processed 3/14/13

Still not received. Just a sick sick joke.

Shane can you look into this since it's now been 5 Months?

Username: Chipeaterdl

Last edited by kevinb1983; 04-14-2013 at 02:06 PM.
04-17-2013 , 05:26 AM
Quote:
Originally Posted by imjustshane
(finally seeing some WU in under 3 weeks)
Is this a typo?!?!?

I've been waiting 3 MONTHS! (requested 1/17)
04-17-2013 , 03:07 PM
Quote:
Originally Posted by Mccormick
Because if it's the holy grail of easy and free payment processing, they would likely do it anyway. They're businesses. Businesses want to make more money. What makes you think they'd pass up on the opportunity just because their cashouts are fine as it is? Do you even realise what cost payment processing has on a poker site? It's probably -the- single biggest expense an online poker site has.
The biggest expense for any successful room is marketing, it dwarfs payment processing.
04-17-2013 , 03:53 PM
Quote:
Originally Posted by ancelotti4
The biggest expense for any successful room is marketing, it dwarfs payment processing.
It's possibly a bigger expense, i won't ever believe it "dwarfs" the payment processing however. If ~10% of each deposit goes to the payment processor, then there's simply no margin for marketing to ever be a way bigger expense. Again, considering the loads of affiliates and other marketing i do agree you're likely right, that is the biggest expense, with payment processing as second and i'd say they're probably relatively close to eachother, but having said that, these are "educated guesses" of me, in no way real knowledge on the matter, so if anyone (for example Shane) can point me wrong, please do so.
04-17-2013 , 04:35 PM
Its not a matter of payment processor delays, its a matter of waiting for reserves from credit card processors to pay players.... if they had the cash on hand, there are check processors waiting to process the checks.

      
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