Microgaming terminates licence with online casino company
Microgaming, software provider to the online casino industry, has terminated its licence with Australian-based Tusk Investment Corporation Limited after the company revealed it planned to go into liquidation.
Only last week, eCOGRA, the independent player protection body for the online gambling industry, withdrew its “Safe and Fair” accreditation from the group after a routine review.
"Microgaming announces that it has terminated its software license with Tusk Investment Corporation - with immediate effect, after having received Tusk's notification of its plans to put the Company into liquidation,” Microgaming said in a statement today.
"Microgaming is presently gathering all facts related to this matter and will provide further announcements as and when information becomes available."
Tusk operated a number of online casinos and poker rooms such as Golden Reef Casino, UK Casino Club, Big Casino, Hot Pepper Poker, Poker Sweden, Euro Poker Dream and Grand Central Poker.
It is not known yet whether Microgaming will set up a Players’ Trust arrangement, as they have done in the past, to ensure that any players with unpaid monies in their account are reimbursed.
Editor, Jackpot.co.uk - 2008-02-28 11:20:40