Quote:
Originally Posted by OneCrazyDuck
The structure sheet also said “we reserve the right to cancel” so they’re likely fine.
I went on a little rabbit hole. From the structure sheet:
https://www.hustlercasino.com/wp-con...-structure.pdf
Quote:
Hustler Casino reserves the right to revise, suspend, cancel, or modify tournaments at its sole discretion and without prior notice within the parameters of GEGA-002612
I tried to look up GEGA-002612, but I'm having trouble finding it. The first 4 characters ("GEGA") are cardroom specific (GEGA=Hustler). From here:
https://oag.ca.gov/gambling/cardroomlist , under Hustler, you can click "Games" or "Gaming Activities," and it appears to list all the current GEGA things they filed, but I can't find "GEGA-002612" (although it's referenced). I seriously can see no possible way that it's legal for a casino to run a "guaranteed prize pool tournament" all the way up to 1 minute before registration closes, and then just cancel it solely because they'd have to pay the guarantee. That makes literally no sense. That example is just a slight extension of what happened.
They do talk about guaranteed tournaments though on page 90 of gaming activities:
Quote:
Tournament Prize Amounts & Source of Funds
The prizes will be the cumulative amount of buy-ins, re-buys, and add-ons. The prizes may also
be guaranteed meaning Hustler Casino will make-up any shortfall in case there are not enough
buy-ins.
If there is not enough cash to cover the guaranteed prize amount, Hustler Casino will
fund the difference.
I don't see a clause where they can just cancel the "guarantee" instead of making up the shortfall. They also state elsewhere that they don't allow structure modifications after the tournament start. Once people have purchased something, you can't change it on them for no reason. It's significantly different to cancel a guaranteed tournament the day before it starts and cancel it after people have already paid and played for a day of it. These kinds of activities are almost universally considered fraud without extenuating circumstances.
Last edited by Ten5x; 08-05-2022 at 07:51 PM.