News Item

Poker Room Stiffs Players

By launchpoker, Dec 24, 2007

At a time when the state of online poker is iffy in a number of countries, reports of poker rooms stiffing players and licensees is bad for business, but even worse would be these reports being swept under the rug. According to various online sources, Playsafe Holdings is being accused of withholding payments to four online poker players and two licensees. The company is a publicly traded online poker company and turnkey software provider from Norway that works with Point-Spreads.com, which reported in August of this year that they were having trouble getting payments, and according to recent statements by their COO that is still the case.