Eurolinx, BetOnBet, and Linx Casino gone into liquidation!!!

[pokeraddict]

There are already 2 other threads and they have been in trouble for months.

[jetset]

We now have about three threads going on this Eurolinx thing - may I suggest the mods merge them into one so that a clearly contentious issue is easier to follow?

[jetset]

Just for the record in this thread, (there are about three threads running on this at the moment here) this is the official Linx Media statment:

“The Linx Media Group has today announced that it is seeking to put its businesses into liquidation and will cease trading with immediate effect. As yet, the Linx Media Group does not know how long this process will take, but it will provide updates on the situation as and when information becomes available and when liquidators are appointed.”

A further comment from the company said:

“It is with great regret that we make this announcement. I appreciate the concern and frustration that this will inflict on the Eurolinx, BetOnBet, and Linx Casino player community.

"Affected account holders are those individuals who have agreed to a contractual relationship with the Linx Media Group through Eurolinx, BetOnBet and Linx Casino.

"All available player funds are held by these businesses. As soon as we have information on how to lodge claims with the liquidators, we will communicate this via www.eurolinx.com, www.BetOnBet.com and www.linxcasino.com.”

[jetset]

Linx Media has registered offices in Malta, which I presume means that they have taken out licensing there?

If that is the case then it will be interesting to see what, if any, regulations the LGA licensing authority imposes on licensees requiring that certain amounts be safely and seperately deposited against such an event as business failure.

And whether any such requirements are enforced.

[LOOKAWAY]

I got paid last week from a $75 tourn win at Linx casino-on the 18 of august, I actually got paid a lot quicker than my last two tourn wins at Linx casino, they paid in five days (including the weekend) I to got the reload offers the other day-but knew they were a sinking casino.

Thanks for the post jetset.


The only thing I have lost for Linx casino (MG) Is my tourn entry into the 1 Million euro tourn.


I also got this promo yesterday (21 august) I will copy paste it in for you>


*
Hello Timothy,

I would like to invite you to the Free Spin Buffet at Linx Casino where you can sample Free Spins on 5 of our most popular slots. To receive your 25 Free Spins simply make a deposit at Linx Casino and email freespinslinxcasino.com with BUFFET in the subject line, your free spins will be added within 12 hours.

I hope that you enjoy the Free Spins and I wish you the best of luck at Linx Casino,

Ben Clemes
Casino Manager, Linx Casino

*Offer valid once per player

[Casinomeister]

Originally Posted by jetset

We now have about three threads going on this Eurolinx hng - may I suggest the mods merge them into one so that a clearly contentious issue is easier to follow?

Done

[mycatscalledenr]

Originally Posted by pokeraddict

The fact they were sending reload offers out to thousands of players in the past week is very suspect. They knew their days were numbered and they couldn't pay anybody that deposited so it isn't absurd to say they are guilty of fraud there even if the bankruptcy wasn't fraud itself.

I received an email offering me free spins about 16 hours ago! Seriously disturbing.

[jetset]

Doing some digging to find out who the people are behind this group.

[Mouche12]

Read this on another forum, so please refrain from depositing!

Linx Media Group Company Statement

21. August 2009

MALTA The Linx Media Group has today announced that it is seeking to put its businesses into liquidation and will cease trading with immediate effect.

As yet, the Linx Media Group does not know how long this process will take, but it will provide updates on the situation as and when information becomes available and when liquidators are appointed.

A company spokesperson from the Linx Media Group stated: It is with great regret that we make this announcement. I appreciate the concern and frustration that this will inflict on the Eurolinx, BetOnBet, and Linx Casino player community. Affected account holders are those individuals who have agreed to a contractual relationship with the Linx Media Group through Eurolinx, BetOnBet and Linx Casino. All available player funds are held by these businesses. As soon as we have information on how to lodge claims with the liquidators, we will communicate this via www.eurolinx.com, www.BetOnBet.com and www.linxcasino.com.

I read that the player who posted this had lost 1,800 USD because of this.

[Consultant]

Thanks for this thread. Having been out of the industry for 4 years, this and Tusk Poker's story is eye opening.