Following more than a two month wait for several online poker players to cash out their Eurolinx Poker accounts, Microgaming has ended their network agreements with online casino Eurolinx and a sportsbook that has for quite some time been known as a respectable entity in the sportsbetting world, BetOnBet.
The following statement is posted on the three websites:
21. August 2009
MALTA – The Linx Media Group has today announced that it is seeking to put its businesses into liquidation and will cease trading with immediate effect.
As yet, the Linx Media Group does not know how long this process will take, but it will provide updates on the situation as and when information becomes available and when liquidators are appointed.
A company spokesperson from the Linx Media Group stated: “It is with great regret that we make this announcement. I appreciate the concern and frustration that this will inflict on the Eurolinx, BetOnBet, and Linx Casino player community. Affected account holders are those individuals who have agreed to a contractual relationship with the Linx Media Group through Eurolinx, BetOnBet and Linx Casino. All available player funds are held by these businesses. As soon as we have information on how to lodge claims with the liquidators, we will communicate this via www.eurolinx.com, www.BetOnBet.com and www.linxcasino.com.â€Â
Microgaming Kicks Linx Media to the Curb, Players get Screwed.
Microgaming has ended their network agreements with online casino Eurolinx and a sportsbook that has for quite some time been known as a respectable entity in the sportsbetting world, BetOnBet.
The following statement is posted on the three websites:
<blockquote>21. August 2009
MALTA – The Linx Media Group has today announced that it is seeking to put its businesses into liquidation and will cease trading with immediate effect.
As yet, the Linx Media Group does not know how long this process will take, but it will provide updates on the situation as and when information becomes available and when liquidators are appointed.
A company spokesperson from the Linx Media Group stated: “It is with great regret that we make this announcement. I appreciate the concern and frustration that this will inflict on the Eurolinx, BetOnBet, and Linx Casino player community. Affected account holders are those individuals who have agreed to a contractual relationship with the Linx Media Group through Eurolinx, BetOnBet and Linx Casino. All available player funds are held by these businesses. As soon as we have information on how to lodge claims with the liquidators, we will communicate this via www.eurolinx.com, www.BetOnBet.com and www.linxcasino.com.â€Â
Microgaming spokespersons have advised online casino players, online poker players, and sports betters and all others contractually owed monies by the above companies (such as poker and casino affiliates) to submit inquiries to the liquidator once those details become available,
As of now however, there’s no liquidation representative details available, players with balances of thousands of dollars are forced to simply sit and wait without any idea of when the wait will be over.
Although Microgaming has asked players to contact the liquidator directly, online poker news website PND has provided their contact telephone number for players looking for updates and further information. Microgaming, located in the Isle of Man can be reached at +44 (0)1624 647777.
Some high stakes poker players have reported possible losses in excess of $250,000.00 each.
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That sounds great. Good to hear the news about the micro gaming and casino news. As a player of casino games I love to hear all the updated news about the casinos.
Im glad ya left your link Collin, i’d never want to visit the site of a guy that thinks it’s great when players get screwed ;).