Microgaming Pulls Out of Unaccredited Casino

February 28, 2008

The Australian based Tusk Investment Corporation Limited’s recent announcement of pending liquidation has caused Microgaming to pull out of the company. They have chosen to terminate their license with the online gambling company.

Once the announcement was made of the impending liquidation, Microgaming released a statement of their own where they said that they are terminating their software license with the company “with immediate effect.” They went on to say that they are “gathering all facts related to this matter and will provide further announcements as and when information becomes available."

All of this comes quick on the heels of the announcement by eCOGRA regarding the accreditation of the online casino. The independent player protection company for the online gambling industry had pulled their “Safe and Fair” accreditation from the company after they supposedly failed their routine review.

Many times when this happens, Microgaming will set up a Player’s Trust Arrangement, where they make sure that anyone that has money in their account that they have not used gets refunded back to them. As this is fairly standard practice for Microgaming, many are assuming that they will do it again.

Tusk ran some of the biggest online casinos out there. They had Big Casino, Golden Reef Casino, Euro Poker Dream, Grand Central Poker, Hot Pepper Poker, Poker Sweden and UK Casino Club.




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