Acereus Poker Network TURN OFF
Acereus Poker Network, which included Absolute Poker and Ultimate Bet, has filed for bankruptcy. This failure affects their ability to process player withdrawals. As of August 2010, they are not processing player deposits or withdrawals. Listed here are the reasons why they are shut down. But you will be able to find a reliable alternative in the event that you play at one of their competitors. These sites are a good option for anybody who’s looking for a secure and fair online poker experience.
The business’s history is murky. It’s unclear if the 온라인 바카라 UltimateBet site is still operational or whether it’s going to be shut down. Many people are skeptical concerning the company’s future, and rumors abound. However, this scandal has prompted the poker community to step of progress to demand a refund. Despite these concerns, the UltimateBet site has remained available to the public. The website’s name is similar to other internet poker websites. It’s just that the business is not operating as a legal entity. The truth is that it’s an Internet-based betting service, which is what made it a target for cheating.
Despite this, it’s important to note that Ultimate Bet is really a software company, and it’s a legitimate one. They have been around since 2001 and are a leader in online poker. Aside from being an internet poker site, they host the Aruba Poker Classic. The grand prize is $1 million, and the business has a number of the top pros in the overall game. The company also has a thriving poker community, with many tournaments weekly.
UltimateBet was create by two secretive high stakes poker players. The business’s software company, ieLogic, handled secure micro-transactions and user authentication. They also created patent-pending “association tarpit” technology to avoid fraud. Founded by Greg Pierson and Jon Karl, ieLogic leased UltimateBet’s website and continued operations. Until that time, they have paid out some refunds and credits to their players. But despite this, many members have yet to get their credits.
In addition to tournament blackjack, the company has also been accused of cheating. Aside from cheating with a cheating tool called “God Mode,” UltimateBet used this software to track its players and their funds. The Nevada Gaming Commission recently approved the former UltimateBet fraud firm iovation as a service provider for online geolocation services. The gambling giant is trying to avoid the law and make sure that its users do not have problems with illegal activities.
Although the company continues to be a poker room, its business design is a great option to Full Tilt. The poker site was closed in December 2010 after a scandal involving cheating in its online casino. iovation overran the site and incorporated it under a new name, iovation, which is a subsidiary of ieLogic. In the meantime, the company focuses on risk management and fraud detection.
Despite these issues, UltimateBet includes a reputation as a reputable online poker site. Its parent company, ieLogic, has been publicly traded since 1999, and has a history of avoiding regulations. For the time being, it has been the main topic of several lawsuits. The lawsuits also have resulted in the closure of the website in 2006, which includes caused an uproar in the poker industry. Its recent merger with Absolute Poker has resulted in the emergence of a thriving option to the world’s largest online poker site.
The lawsuits against UltimateBet stem from a study into suspicious activity in the web poker community. The company initially denied the allegations, but later admitted to having detected suspicious activity and identifying six accounts. IN-MAY 2008, it announced an internal investigation and fined the business $1.5 million. The documents also identify 18 different user names and email addresses. In addition to this, iebet has been investigated by the Kahnawake Gaming Commission, which is in charge of overseeing the offshore online gambling industry.
In January of this year, ieLogic registered the UltimateBet trademark. The corporation had the first right to utilize the name but later abandoned it after it didn’t secure adequate liquidity. The brand new owners of the trademark, eWorld Holdings, took over the website. The lawsuit was not successful, but it did create a joint venture with a poker website, Blanca Games. If you are looking for a fun internet poker experience, UltimateBet is an excellent choice.