Acereus Poker Network TURN OFF

Acereus Poker Network, which included Absolute Poker and Ultimate Bet, has filed for bankruptcy. This failure affects their capability to process player withdrawals. By August 2010, they are not processing player deposits or withdrawals. Listed below are the reasons why they have been shut down. But you will be able to find a reliable alternative if you play at one of their competitors. These sites certainly are a good option for anyone who’s looking for a secure and fair online poker experience.

ultimatebet

The business’s history is murky. It’s unclear if the UltimateBet site continues to be operational or whether it’s going to be shut down. Lots of 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 general public. The website’s name is comparable to other online poker websites. It’s just that the company isn’t operating as a legal entity. The fact is that it’s an Internet-based betting service, which is what made it a target for cheating.

Despite this, it’s important to remember that Ultimate Bet is 더킹카지노 신규 really a software company, and it’s a legitimate one. They are around since 2001 and are a leader in internet poker. Aside from being an online 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 game. The company also has a thriving poker community, with many tournaments every week.

UltimateBet was set up 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 point, 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 something provider for online geolocation services. The gambling giant is trying to avoid regulations and make sure that its users do not have problems with illegal activities.

Even though company continues to be a poker room, its business model is a great option to Full Tilt. The poker site was closed in December 2010 following a scandal involving cheating in its online casino. iovation took over the site and incorporated it under a new name, iovation, that is a subsidiary of ieLogic. In the meantime, the company focuses on risk management and fraud detection.

Despite these issues, UltimateBet has a reputation as a reputable online poker site. Its parent company, ieLogic, has been publicly traded since 1999, and contains a history of avoiding regulations. For the time being, it has been the subject of several lawsuits. The lawsuits also have led to the closure of the website in 2006, which has caused an uproar in the poker industry. Its recent merger with Absolute Poker has led to the emergence of a thriving option to the world’s largest internet poker site.

The lawsuits against UltimateBet stem from a study into suspicious activity in the online 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 interior 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, that is responsible for overseeing the offshore online gambling industry.

In January of the year, ieLogic registered the UltimateBet trademark. This company had the first to use the name but later abandoned it after it didn’t secure adequate liquidity. The brand new owners of the trademark, eWorld Holdings, overran the website. The lawsuit was not successful, but it did result in a joint venture with a poker website, Blanca Games. If you’re looking for a fun online poker experience, UltimateBet is a great choice.