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Following an announcement that PlaySafe had sold its Action Poker Network to Seychelles-based Julian International Holdings Limited, players were hopeful they may start to see their payouts in a more expedient fashion.
For the past several months, the Action Poker Network has taken weeks – if not months – to pay players despite not allowing US customers. Poker players in the US have come to expect intermittent longer delays due to the lack of payment processing ventures available.
PlaySafe Holding out of Norway will no take part in overall operations of their brands but will instead supply software to Julian International Holdings Limited.
“We are excited about this new strategy for Playsafe, which will now concentrate on its core strengths of developing the products for the business-to-business sector based on its proprietary software,” said Atle Johansen, Chief Executive Officer for Playsafe.
“In addition, the sale allows the company to focus on developing the Action Poker brands for new markets.”
One of those new markets appear to be the United States as PokerScout.com, a traffic monitoring website, currently has the network marked as accepting US-based customers.
Julian has changed the network name to Chico Poker Network and Gambling911.com anticipates they may begin bringing on new brands.
The network is averaging close to 400 real cash players per day.
More Poker News Headlines for Wednesday January 4, 2012 (Late Morning Edition)
Gaming Control Board in Nevada Still Calling for Federal Legislation Regarding Online Poker - Mark Lipparelli, chairman of the state Gaming Control Board, said that his group, representing some 40 casino operators, is still looking for federal legislation following the US Justice Department’s determination that the Wire Act will no longer be applied to online poker. This decision essentially opens the doors for individual states to enter the market without fear of federal intrusion.
“A piece of federal legislation is going to be a necessity,” Lipparelli said. “What we’re afraid of is that somebody’s going to do it in a way that has an unattractive outcome. The question is how we create a common set of standards and rules.”
He compared the prospect of states having different online poker standards to the confusion that would result if every state maintained its own unique system for purchasing products online from a retailer like Amazon.com. Read More Here >>>>
Cake Poker Match and Win Promotion Continues Into January - Match & Win is a recurring Cake Poker promotion which lets players redeem Gold Cards they have won at ring game tables for cash and prizes. Since the distribution of Gold Cards is random, any player competing for real money at a Cake Poker ring game table can win.
All 2012 Ace Gold Cards have a significant value in January on the Match & Win game board. The Ace of Spades is worth $10,000, the Ace of Hearts $1,500, the Ace of Diamonds $500 and the Ace of Clubs $250.
- Ace King, Gambling911.com
