Acereus Poker Network TURN OFF

Acereus Poker Network TURN OFF

Acereus Poker Network, including Absolute Poker and Ultimate Bet, has filed for bankruptcy. This failure affects their capability 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 certainly are a good option for anybody who’s searching for a secure and fair internet poker experience.


The company’s history is murky. It’s unclear if the UltimateBet site is still operational or whether it’s likely 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 open 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 is an Internet-based betting service, which is what made it a target for cheating.

Not surprisingly, 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 so are a leader in online 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 offers a thriving poker community, with many tournaments every week.

UltimateBet was setup by two secretive high stakes poker players. The business’s software company, ieLogic, handled secure micro-transactions and user authentication. In addition they 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 with 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 wanting to avoid regulations and make sure that its users do not have problems with illegal activities.

Even though company is still a poker room, its business design 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 overran the site and incorporated it under a new name, iovation, that is a subsidiary of ieLogic. For the time being, the company targets risk management and fraud detection.

Despite these issues, UltimateBet includes a reputation as a reputable internet 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 led to the closure of the website in 2006, which has caused an uproar in the poker industry. Its recent merger with 블랙 잭 룰 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 an investigation 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 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 responsible for overseeing the offshore online gambling industry.

In January of the year, ieLogic registered the UltimateBet trademark. The corporation had the first right 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 jv with a poker website, Blanca Games. If you are looking for a fun online poker experience, UltimateBet is an excellent choice.