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Junior Senior
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« Reply #15 on: June 14, 2014, 10:34:08 AM » |
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Do i need to withdraw my balance yet? I have $123.98 on there.
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doubleup
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« Reply #16 on: June 14, 2014, 10:58:20 AM » |
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Amaya is a much smaller company. They're only putting up a small amount of money for this sale, getting big loans secured on Rational Group for most of the rest, and releasing $500M in new shares. Wouldn't surprise me at all if Scheinberg et al are the ones buying those shares.
I would be amazed if it was Scheinberg et al that are buying those shares given their involvement would preclude entry back into the US which appears to be a major driver of the deal. yeah would assume its a rights issue anyway, so it will be existing shareholders given the first opportunity. As a slight aside, I wonder if the UKGC (Stars have to be licensed by them later this year) would have raised an eyebrow at the Scheinbergs anyway given that Isai is apparently a "fugitive from justice" in the US. Baldfred have shut out a load of grey area countries apparently because they are worried about the UKGC's strict attitude. |
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redarmi
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« Reply #17 on: June 16, 2014, 03:19:09 AM » |
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Amaya is a much smaller company. They're only putting up a small amount of money for this sale, getting big loans secured on Rational Group for most of the rest, and releasing $500M in new shares. Wouldn't surprise me at all if Scheinberg et al are the ones buying those shares.
I would be amazed if it was Scheinberg et al that are buying those shares given their involvement would preclude entry back into the US which appears to be a major driver of the deal. yeah would assume its a rights issue anyway, so it will be existing shareholders given the first opportunity. As a slight aside, I wonder if the UKGC (Stars have to be licensed by them later this year) would have raised an eyebrow at the Scheinbergs anyway given that Isai is apparently a "fugitive from justice" in the US. Baldfred have shut out a load of grey area countries apparently because they are worried about the UKGC's strict attitude. The UK regulators are usually okay with licensing people that have criminal records or indictments etc from the States on stuff that is legal here ie. bookmaking. My personal experience of it is pre GC but I ould be fairly surprised it that has changed given some of the people that have licenses here still. |
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TightEnd
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« Reply #18 on: June 16, 2014, 09:26:02 AM » |
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My eyes are open wide
By the way,I made it through the day
I watch the world outside
By the way, I'm leaving out today
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dreenie
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« Reply #19 on: June 17, 2014, 01:10:30 AM » |
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Think it's a dreadful decision, seeing as the owners are based in Canada, don't know what sort of chance I have anymore! Ipoker FTW!!
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theprawnidentity
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« Reply #20 on: June 17, 2014, 12:42:49 PM » |
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The owners are based in Canada? In before the layout looks like this:  |
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wazz
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« Reply #21 on: June 18, 2014, 02:05:14 AM » |
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Having sportsbetting and casino games on the site could make the games softer, of course.
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Boba Fett
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« Reply #22 on: June 20, 2014, 09:30:35 AM » |
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Good to see Amaya got some practice running a poker network by running Ongame so well......
If their running of ongame is anything to go by then this is terrible news for everyone and I wouldnt expect the future to be too bright for online poker. Ive been playing ongame for years and watched while they managed to hilariously screw up everything that was ever good about it and drive away skins and customers from their network. The network is currently on deaths door and personally I have some money stuck on a skin who have been unable to pay hundreds of thousands of dollars to their players for a year now. This was going on for at least a year and theyre blaming "3rd part payment processors" however in that time ongame either incredibly didnt know what was going on (impossible) or knew what was going on, did nothing about it and let the skin remain on the network for a year taking deposits from players that they could never pay back out. The skin has only recently been kicked off the network and still ongame make no actual attempt to compensate the players when they clearly have to take some blame for the whole situation. They have also set up their whole operation in a way where they dont have to deal with customers ever. There is no ongame network support or contact email, Ive spoken with people who work for ongame privately (on the tech side) and asked for contact details of someone who could deal with this and been told there is no single person from that side of the company with external contact details who will talk to us.
Anytime there is some problem with the network we are supposed to contact the skin support to deal with it, if there is a problem with the skin who are we supposed to go to if the network wont give us the time of day? The regulator? A group of us contacted the company the supposedly regulated this skin, a Malta-based company called The LGA but they claim they only actually regulate any play from within Malta itself so it appears they've been operating under a regulatory body that covers one country and using it to pass itself off as being regulated around the world. Id guess other sites are doing the exact same thing, Id advise getting everything off ongame ASAP if you still play there.
Pretty incred that all this money from players is stuck on there, the skin, the regulators and the network wont do a thing yet the owners of the network find $4.9billion to buy Pokerstars and FTP. Absolute jokers!
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Ya gotta crawl before ya ball!
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doubleup
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« Reply #23 on: June 20, 2014, 01:45:45 PM » |
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Amaya will need a UKGC license by the end of the year. If you feel strongly about the Ongame issue, email the UKGC and state that you think Amaya are not fit and proper, giving your reasons.
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Sulphur man
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« Reply #24 on: June 22, 2014, 03:29:31 AM » |
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The owners are based in Canada? In before the layout looks like this: Haha a ref to Southpark when the animation gets really old when the film goes to Canada? LOL |
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Logged
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I've never played any game, or done anything that was so powerful at making you believe that you 'owned' it... before making you realize that you actually don't.
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Sulphur man
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« Reply #25 on: June 22, 2014, 11:02:27 PM » |
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And here is to hoping the US sticks to its guns!
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Logged
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I've never played any game, or done anything that was so powerful at making you believe that you 'owned' it... before making you realize that you actually don't.
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theprawnidentity
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« Reply #26 on: June 23, 2014, 12:32:01 AM » |
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Haha a ref to Southpark when the animation gets really old when the film goes to Canada?
Good spot. |
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TightEnd
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« Reply #27 on: June 23, 2014, 10:32:18 AM » |
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Logged
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My eyes are open wide
By the way,I made it through the day
I watch the world outside
By the way, I'm leaving out today
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AlunB
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« Reply #28 on: June 23, 2014, 11:20:06 AM » |
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The owners are based in Canada? In before the layout looks like this: Haha a ref to Southpark when the animation gets really old when the film goes to Canada? LOL I didn't get that. Ironically PokerStars software has always been developed in Canada I think. |
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RED-DOG
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« Reply #29 on: June 23, 2014, 01:07:53 PM » |
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I can't believe that Amatay has bought Sky Poker. He can't even cook a decent breakfast.  |
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Logged
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The older I get, the better I was.
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Author