Overlooked in all of the finality of PokerStars‘ acquisition of Full Tilt Poker yesterday was that the U.S. government will soon control the assets to UltimateBet/Absolute Poker. States the Government: The motion also requests that…
Absolute Poker, UB Will Attempt to Liquidate Assets, Repay Players
Blanca Games Inc., owner of the CEREUS Network, which operates Absolute Poker and UB, has announced plans to liquidate its assets in order to reimburse U.S. and international customers. The plan is pending SDNY/DoJ approval….
UB Lets Go Pros: Who’s Next?
In a non-surprise move yesterday, Absolute Poker and UB let go all of their team pros. Eliminated from the roster were recent signee Prahlad Friedman, spokesperson Joe Sebok, as well as Trishelle Cannatella, Eric “Basebaldy” Baldwin, Maria…
AP/UB Not Filing Bankruptcy, Will “Continue to Operate” Outside U.S.
Interesting press release just dropped from AP/UB. In it, the company announced its plans to structure and focus its business efforts outside of the U.S. It all addresses rumors about the company filing bankruptcy, which…
Mark Seif Addresses Absolute Poker Scandal (Again)
It’s been about two years since Mark Seif last publicly discussed the Absolute Poker scandal (view his RawVegas.tv interview here), but he joined ESPN’s Inside Deal to revisit it again. Watch the above video around…