Genting to repay £70,000 to WPT London players & dealers!

[ripple11]

Has the Palm Beach Poker Room Manager lost his job over this?

No. I spoke to him last weekend and he told me he was sorting out the repaying of everyone.

[neverbluff67]

Run better Jake

[Descartes]

UPDATE!

I have spoken again today with Gentings with regards to the payments being issued. They are trying to sort out some accounting procedures and expect to notify everyone in writing by Friday as to how payments can be received. It is merely an administrative delay and Gentings are still very eager to ensure the matter is fully concluded as soon as possible.

As an aside, whilst Gentings have acted with the utmost integrity and professionalism, it has been brought to my attention that certain other individuals did try to slander me and undermine my character and previous professional conduct. Evidently this failed, but has been noted.


I shall post any further updates should they arise.

Best wishes all

 

[Descartes]

Gotta say, despite the mistakes made, when all said and done, you gotta be impressed with the conclusion to this saga.
It seems Genting are making a real effort to get a foothold in the poker market and events like the Players Championship with 10K added and their online offers have certainly got my attention.

I was actually lucky enough to be sponsored into the WPT event in question and gotta say it was the most amazing structure ive ever played in and the organisation and atmosphere at the Palm Beach was excellent imo.

Monies have been paid out this week, but the details of how much and how it has been calculated, both for the players and dealers tells a very different story than the one above.
This saga is not concluded and in fact has revealed far more serious breaches higher up the food chain and possibly revealed further monies that seem to have been taken from the players with no justification and no advertising.

I will post a full report at a future date which will show exactly how this matter has been dealt with so players and dealers can decide for themselves.

[GreekStein]

 

[outragous76]

Cos devvd he isn't involved!

[TightEnd]

Cos devvd he can't sort it out as its live not on the internet.

fyp

[GreekStein]

Cos devvd he can't sort it out as its live not on the internet.

fyp

As I proved at the last DTD deepstack, I can argue in person tyvm.

Correct though, unfortunate that I cant police the interweb on this one.

[Descartes]

From the details supplied to me by Mr David Davis, Director of Commercial Operations - London, following a so called investigation, I am led to believe that Gentings have not acted appropriately. As such I shall be submitting evidence to the police within the next week with allegations of theft and fraud.

As relayed to me by Mr Davis, of the £48k taken from players 'in error' only £34k has actually been repaid and a further £8k has 'gone missing' but has not be noticed in the investigation, despite being overseen by Mike Hoskins Managing Director of Security and Compliance and Mr Davis. Of the same amount agreed to be paid to dealers who worked the event I believe that approximately £14k has been paid out legitimately. Having spoken to both agency dealers and Genting dealers there seems to be a chasm of disparity between statements made by Mr Davis and evidential truth.

I have also been made aware that Mr Simon Thomsett attempted to investigate myself in an attempt to discredit my position, hardly the actions of a company 'wishing to do the right thing'.

I believe there is now sufficient evidence to put to the police for theft and fraud and to advise Inland Revenue to conduct their own investigations into the matter.

You can make your own conclusion as to how certain companies in this industry view players loose attitude to their money once the authorities have looked into the matter.

May I also take this opportunity to advise you that despite there being a clear and admitted 'error' in favour of Gentings of at least £48k, Mr Thomsett failed to inform the appropriate managers (as confirmed in writing by Mr Davis) and instead attempted to argue and defend it on a public forum. This is a clear breach of compliance. Whether this breach has been reported, as required by their licence, in Gentings 3 monthly reports to the Gambling Commission is yet to be seen. As far as I am aware, Mr Thomsett is still deemed honest and professional enough to remain as Poker Manager.

Mr Thomsett retaining his position whilst seemingly jeopardising Gentings reputation, failing to comply with internal procedures, breaching Gambling Commission licensing requirements and possibly breaking the law, is a much clearer indication of the position taken by Gentings over this matter.

The poker industry still operates in grey areas and there seems to be an increase recently in disputes of a similar nature as in the case of The Empire casinos Bad Beat Jackpot and in other areas such as the current Betfair incident.

If you don't wish to be the mug in a mugging, then less complacency and more diligence will help us all to ensure integrity within the game we all love.

'The devil triumphs when good people do nothing'