SUSPENSION OF eCOGRA SEALS

[Mousey]

Received a couple of these emails this a.m. At least CR is letting players know something.

Dear xxxxxxx@xxxxxxxx.com,

We are happy to announce that all CasinoAction casinos; Golden Reef, UK Casino Club, Nostalgia, Challenge, Music Hall and iBig will soon operate under the
New Management of CasinoRewards.

CasinoRewards consists of 12 award winning online casinos and the world's premier online Casino Loyalty Program. We have been an industry leader since 2000, respected for our high quality, fast payments and unrivalled support.

The CasinoAction group of casinos will reopen shortly under the CasinoRewards' umbrella where we are confident that casino play will be even better than before.

We understand your frustration during this period, but rest assured we are working hard to ensure a smooth transition for all our new players. Please be patient as we endeavor to transfer your casino accounts for you to resume play as quickly as possible.

*** All casino balances will be transferred to Casino Rewards and no money will be lost ***

You may have questions and concerns during this time, so our 24/7 Support Centre is on hand to help you every step of the way. You are in good hands at CasinoRewards.

We look forward to building a strong and long lasting relationship with you, and will be in touch again very soon.


Sincerely,

Steven Cooke
CasinoRewards

* Only the six casinos mentioned previously are being migrated to CasinoRewards. Any poker rooms associated with CasinoAction or any of its affiliates are not part of CasinoRewards and CasinoRewards has no knowledge whatsoever of the situation concerning the poker rooms.

[dominique]

While I am happy that all players will be paid, the overcrowded MG market is a bit of a concern. The CA group was brought down to its knees probably due to lack of business despite the casinos being seemingly well-managed and not having many player issues. Unless there is a huge influx of new players, I cannot see how the number of MG casinos can continue to thrive under such adverse conditions especially since the US and other economies are showing signs of slowing down.

They changed ownership and were miserably mismanaged after that. Some key personnel left. They had a well working support and payment system still, so it looked like business as usual, but the new owners just didn't get it on some levels. I think MG may have learned a lesson re. scrutinizing ownership changes.

[jetset]

Just out from Microgaming - still no communications from the Casino Action people!

COMPANY STATEMENT: UPDATE 3/4/08

As of today, Sims Partners - the Brisbane based liquidator acting on behalf of Tusk Corporation, has added Tusk Corporation to its ‘companies currently in administration’ section of its website, along with contact details for any claim.

The page can be found at: http://www.simspartners.com.au/credi...istrations.php and appears under the heading “Tusk Investment Corporation (In Liquidation)”

Microgaming recommends that any player affected by this situation submit their claim directly to the relevant contacts at Sims Partners, via this web page.

As previously stated, Microgaming will endeavour to keep affected players informed as more information is made available.