Quote:
Originally Posted by KhalynYohrk
They legally can take up to %20 fee without letting anyone know, amirite? Must be nice to dip into the prizepool anytime.
They legally can take up to 20% this must be disclosed in the structure sheet.
In our meeting Ken asked if this is my opinoin or if it's illegal thay it's wrong to take more then posted.
All in all the meeting did very little. We didn't really get aN answer. I understand that to some extent Kens hands are tied due to the corporation he is working for.
It seems to me they havent even looked at the spreadsheet I provided. He attempted to explain the missing funds from Ameristar St. Chares this way.
AMERISTAR SC has a 210 player fee
1650-210=1140.
Then 3% is withheld from the 1140x.97= 1396.80.
6.88% withholding on the 1500
Seems reasonable wheb explain
Especially because that number correlates with the numbers in my example.
Actually wait one moment. In fact, that number does not correlate at all to the figures I provided.
It's been made clear that Promo funds are being handled in a questionable manner as well.
Aaron Massey commented during the meeting about the three seats he was provided outside of his winners package.
He requested a contract to wear the HPT patch, they didn't oblige. Rather they gave him buy ins undocumented under the table.
Promo funds!