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Battlefield Poker and 27 other Microgaming skins to close? Battlefield Poker and 27 other Microgaming skins to close?

02-29-2008 , 01:55 AM
Hi, thanks for that.

This letter does not actually state that 'Tusk' will no longer be a part of the network, it merely states that BFP and R9 will no longer be part of the network. I would like to know if this is all that happenned why has our room and all the others been closed too? It seems there is more going on than just the rakeback violations.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 02:13 AM
Quote:
Originally Posted by ArcticPoker
Hi, thanks for that.

This letter does not actually state that 'Tusk' will no longer be a part of the network, it merely states that BFP and R9 will no longer be part of the network. I would like to know if this is all that happenned why has our room and all the others been closed too? It seems there is more going on than just the rakeback violations.
I also would like to know more but that's all the letter i saw said..
Tusk probably decided they can't exist without their two biggest skins maybe?
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 02:31 AM
I'm also wondering if microgaming knew tusk was in financial troubles and used the rakeback excuse to try and get rid of them before they declared solvency (so microgaming could claim they wern;t responsible for cash holdings).
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 02:43 AM
If Battlefield and RedNines are to blame, why other sites were getting punished?

I get this sick Pokerspot like feeling...People were lyed to, nobody notifed anything and suddenly everything is shut down and funds are in unknown situation.

Feel frustrated here...
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 02:49 AM
I thought battle reduced everyone to 30% a year ago?
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 02:54 AM
Yeah battlefield did set everyone to 30% a while back but there are a lot of affiliates advertising rakeback higher than 30%. I've seen battlefield adevertised with 60% rakeback.

I guess you could point the finger at the affiliates for causing this whole mess...
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:11 AM
With all due respect I don't think the affiliates are to blame at all. They are simply advertisers. They don't have access to money in accounts or software, it's not like the affiliate can magically set rakeback at whatever they want and then the skin then gives it to that player. The skin/tusk/microgaming clearly take the blame for rakeback and issues regarding player funds.

I still don't believe rakeback is the sole issue. But I beleive microgaming will use whatever excuses possible to wash their hands of this fiasco and try to place the blame on tusk or the skin owners. While the skins and tusk are no doubt partly responsible microgaming is clearly not innocent.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:11 AM
Are we certain with Tusk liquidating their business that any current cheques that have not been deposited yet, but have been issued will not be returned NSF?
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:20 AM
No statement from tusk yet so nobody knows.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:25 AM
Quote:
Originally Posted by unluckyone
Yeah battlefield did set everyone to 30% a while back but there are a lot of affiliates advertising rakeback higher than 30%. I've seen battlefield adevertised with 60% rakeback.

I guess you could point the finger at the affiliates for causing this whole mess...
I had 60% rakeback there from rakereduction, the affiliates arent to blame since they can't offer more rakeback than the room allows anyway


If people dont get their funds back I rly doubt any 2p2 will ever play again on a microgaming skin, so its in microgamings interest to get this thing solved somehow.

But then again that was the common consensus after absolute scandal and now so many 2p2ers play there again lol.

But I guess this could be different since loosing your account balance affects everyone will superusers dont.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:26 AM
Quote:
Originally Posted by Double_Nothing
Googling Tusk+Microgaming brings me here:

Microgaming - About Us, Our Case Studie
Global Approach Ltd (formally Tusk) launched into the online casino marketplace 5 years ago using software powered by Microgaming, therefore when the ...
www.microgaming.com/casestudies.php - 17k - Cached - Similar pages

Clicking the link doesnt show the qouted text though (so its rescently removed obv)

This is what I found on Global Approach Ltd:







http://www.globalapproach.com.au/

http://www.asx.com.au/asx/research/C...on&asxCode=GLO

From a 2006 business plan:
Global Approach Acquisition Update
JUM is a substantial shareholder of Global Approach Limited (ASX:GLO) with 18.0% of the shares. GLO
announced on the 29th of March 2006 to acquire Tusk Investment Corporation (Tusk) for AUD$19.3
million to create one of Australia's premier online gaming companies. GLO yesterday announced an
update to the progress of this acquisition.
The main points of the Acquistion are:
• Purchase Consideration $19.375 million through the issue of 155 million fully paid ordinary GLO
shares at an issue price of 12.5c per share.
• Tusk anticipated results for the 12 months to June 2006 include Revenue $7.1 million and
EBITDA $2.5 million.
• Post acquistion gaming operations will consist of 5 mature online casinos and 3 online poker
sites.
• Number of depositing players is expected to grow from 42,000 to 151,000.
Mr Mike Veverka, CEO of Jumbo and Alan Phillips, Chairman of Jumbo are both non-executive directors
of Global Approach Limited. Jumbo Corporation Limited currently holds 11.6 million ordinary shares
(18.0%) of the fully paid ordinary shares in GLO. The full GLO announcement is attached.
Jumbo Corporation Announcement - Page 4 of 4
For further enquiries, please contact:
Mike Veverka, CEO
Email: mike@jumbocorporation.com
Web: www.jumbocorporation.com
I found this earlier and was going to comment on it.

Global's only press release for this year is a change of contact information which occured one day before thsi whole mess started. It could be a coincedence. Anylegal recourse to go after global if tusk goes down?
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:26 AM
Quote:
Originally Posted by acethiest
With all due respect I don't think the affiliates are to blame at all. They are simply advertisers. They don't have access to money in accounts or software, it's not like the affiliate can magically set rakeback at whatever they want and then the skin then gives it to that player. The skin/tusk/microgaming clearly take the blame for rakeback and issues regarding player funds.
No but affiliates can pay their players directly without the skin knowing. That means the skin has done nothing wrong as 30% is all the player sees in the poker client. The rest comes directly from the affiliate.

I believe the skins are innocent. The blame lies somewhere between tusk and microgaming for the financial accountability and I believe that the affiliates who were advertising rakeback greater than 30% caused the whole thing as I can't see any rakeback advertising at all on battlefieldpoker.com or rednines.com.

Nothing personal against the affiliates, just calling it as I see it.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:28 AM
Global no longer owns Tusk.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:42 AM
If people don't get payed, Microgaming is done.Superusers are one thing, the security leaks can be fixed, etc.

But not getting your money is the worst nightmare to a poker player and i think the network will fall if that happens.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 03:53 AM
Quote:
Originally Posted by unluckyone
No but affiliates can pay their players directly without the skin knowing. That means the skin has done nothing wrong as 30% is all the player sees in the poker client. The rest comes directly from the affiliate.

I believe the skins are innocent. The blame lies somewhere between tusk and microgaming for the financial accountability and I believe that the affiliates who were advertising rakeback greater than 30% caused the whole thing as I can't see any rakeback advertising at all on battlefieldpoker.com or rednines.com.

Nothing personal against the affiliates, just calling it as I see it.
I'm going to try to confirm this tomorrow but i've heard rumblings that rednines and Battlefield are owned by the same people who own some big rakeback affiliates so it makes sense that the rakeback companies f'ing up would cause those two skins to get shut down..
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 04:02 AM
You know I've heard rake reduction and battlefield mentioned together before but I don't know about rednines.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 04:39 AM
rakereductions.com has made another re-assuring msg on their site. They seem very confident that this will be resolved for the better.....I really hope so.

While we wait for this situation to unfold, what sites are you planning on playing on? This whole issue really got me to thinking of what sites that we can TRULY trust with our money. Is it private companies like pokerstars and FTP that run their operations and are governed by an Indian tribe? Or is it Partypoker, 888, ladbrokes, and ipoker (playtech inc) that are listed publicly on the UK stock exchange and are subject to more regulation and transparency? Right now my gut is telling me that our trust is better placed with a publicly traded company that are subject to a much higher regulatory standard.

I'm sure once we get our money back many of you can't wait to deposit your cash to FTP and Stars but I might think twice and instead find a site/network with the highest transparency and subject to real regulators and not just some corrupt Kahnawake gaming commission.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 04:53 AM
Valid points on matter are made on the Casinomeoster forum... http://www.casinomeister.com/forums/...a-seals-8.html

"The main players in this sad affair are Tusk, which has decided on the liquidation route and should communicate with the players on its intentions going forward, and Microgaming (Prima) which has the practical power to halt operations to prevent any further damage, which it has done.

We haven't heard anything yet, but I'm pretty sure MGS will be considering its past strategies when this rare sort of crisis occurs, where despite having no legal obligation to do so it has stepped in with a Player's Trust to assist the players."
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 04:53 AM
Microgaming Suspends Casino Action Group Licenses - 02-28-08


February 28 - Is this the first of the fallout predicted by the doomsayers since the hammer fell in the USA with the introduction of the UIGEA (otherwise know as the ludicrous online gambling ban)?

We don't think so. Microgaming today announced the suspension of licenses and sub-licenses held by one of the oldest independent operators - Tusk Investment Corporation / Casino Action. eCOGRA obviously had wind of this earlier, as they suspended the group's "Play it Safe" Seals last week.

What's even more confusing is that the Tusk Group issued a statement this week on one of the popular message boards, that they expected to have their eCOGRA Seals re-institated in due course. That's a long way from having your licenses suspended a few days later, so there must be more to this story.

According to our sources, most Microgaming groups are still operating very successfully, so questions will be asked as to what went wrong at Tusk. This could however be a sign that smaller operators will start to find it difficult to compete, regardless of their software platforms.

Here is Microgaming's official statement.

Microgaming Company Statement

'Microgaming announces that it has terminated its software license with Tusk Investment Corporation - with immediate effect, after having received Tusk's notification of its plans to put the Company into liquidation.

Microgaming is presently gathering all facts related to this matter and will provide further announcements as and when information becomes available.'

About Tusk

Tusk Investment Corporation Limited operates a number of casino sites and poker rooms:

Casinos:

Challenge Casino, Golden Reef Casino, Music Hall Casino, Nostalgia Casino, UK Casino Club; i Big Casino

Poker brands:

Battlefield Poker, Royal Card Club, Red Nines, Arctic Poker, Raw Poker, Poker.ie, Daily Poker, Flush Draw Poker, Will Bet Poker, Bet Road Poker, Grand Central Poker, Off The Rail Poker, Privy Poker, Berserk Poker, Atomik Poker, Dave's Poker Room, Hetman Poker, Hot Pepper Poker, Poker Seas, TilttAA Poker, Loose Games Poker, CPT Gaming Poker, Ice Bear Poker, GoHard Poker, Caya Poker, Mr Urban Poker, Poker Sweden, Euro Poker Dream

How can a huge poker company like this go busto? i mean what's their overhead? doesnt smell right at all..

http://www.online-gambling-insider.c...-02-28-08.html
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 04:55 AM
RakeUpdate.com Headlines

**BattleField Poker Players Information**

UPDATE:We have secured a new offer with another Prima skin,
in the event Battlefield does not return.
We will wait to make the offer public until we have the official status of Battlefield.
At this time, we have nothing new to report.

Please note that your money within Battlefield is secure.
We encourage you to be patient with this situation.
In the mean time, feel free to sign up at any other site, while the situation unfolds.

So, what is now the case?
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 05:11 AM
I ask it now as I have asked it then....Should I reverse withdraw my battlefield poker withdrawal request or does it not make a different at all because all the money is in the same limbo?

Seriously now! Give us that answer.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 05:29 AM
Quote:
Originally Posted by ubeticall
RakeUpdate.com Headlines

**BattleField Poker Players Information**

UPDATE:We have secured a new offer with another Prima skin,
in the event Battlefield does not return.
We will wait to make the offer public until we have the official status of Battlefield.
At this time, we have nothing new to report.

Please note that your money within Battlefield is secure.
We encourage you to be patient with this situation.
In the mean time, feel free to sign up at any other site, while the situation unfolds.

So, what is now the case?
Yeah, I read that too, and laughed a bit over it. Since battlefield claims to not know, what's going on, then I doubt these guys are more in the loop.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 05:29 AM
Quote:
Originally Posted by Black winter day
If people don't get payed, Microgaming is done.Superusers are one thing, the security leaks can be fixed, etc.

But not getting your money is the worst nightmare to a poker player and i think the network will fall if that happens.
Neteller's proven poker players don't give a **** until it happens to them.
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 05:43 AM
Quote:
Originally Posted by Synergistic Explosions
I thought all the players funds were held by the parent company in trust on this network. It really surprises me that isn't the case here.
I think (as someone else mentioned in the thread about publically traded companies) that any firm who has floated on the stockmarket has to ensure finacial stability and has to show that the customers (players) funds are "ring-fenced"

I know some of the Microgaming sites are PLC's so you're safe with them...but it does throw open the whole issue of "Where is a safe place to play?"
Battlefield Poker and 27 other Microgaming skins to close? Quote
02-29-2008 , 05:47 AM
Quote:
Originally Posted by mephisto

I'm sure once we get our money back many of you can't wait to deposit your cash to FTP and Stars but I might think twice and instead find a site/network with the highest transparency and subject to real regulators and not just some corrupt Kahnawake gaming commission.
those were my thoughts, if I ever get my cash of battlefield im wiring my entire roll immediately to a publicly listed ipoker skin.

Just hope rakereduction is right with their message
Battlefield Poker and 27 other Microgaming skins to close? Quote

      
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