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Update
ONLINE POKER SITE GRANTED ORDER AGAINST BOSS MEDIA (Update)
Poker Trillion succeeds in garnishee order application The dispute between online poker website Poker Trillion and its former network operated by Swedish Internet gambling provider Boss Media (see previous InfoPowa reports) has resulted in the award of a garnishee (or freezing) order on the bank accounts of Boss Holdings Limited and Boss Media Malta Poker Ltd. The application, number 532-08, was heard in the First Hall Civil Court, Malta, and the order has been executed at all seven banks in Malta where the Boss Media companies hold bank accounts. PokerTrillion.com C.E.O Andy Pyrah had earlier commented: "As a small and new entrant to the market we are taking a zero tolerance approach to being mistreated by Boss Media" in a statement on the dispute. The order relates to a €45million initial law suit being taken by PokerTrillion.com against Boss Media and their associated companies in various jurisdictions, including but not restricted to, Sweden and Malta.
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jetset |
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Casinomeister (16th April 2008) | ||
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Well that's some major headache - is this affecting all Boss properties or just their poker sites?
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Bryan,
The dispute is not affecting any of the other Boss skins - from what I can gather this dispute has to do with the breaking of network poker rules. Regards, Dazzla |
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Casinomeister (17th April 2008) | ||
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I play at Trillion, though fortunately my account was empty when this came through. I'm not particularly concerned about Boss and their solvency from my understanding of what's going on, though that could change as more information comes out. It sounds to me as if Trillion didn't get proper legal advice before sending out that mail - it's quite emotive and they might have to worry about consequences in terms of defamation, even if what is said turns out to be largely true.
It's not clear precisely what's going on with this, but an explanation I read somewhere (can't remember where) and which immediately sounds likely is that this is about rakeback. Boss caps rakeback at 30% for all its skins. Trillion offer 30% rakeback to all players, but they also offer discounts of up to 50% if you want to use your rakeback to purchase seats to bigger live tournaments, so if you use your rakeback to buy an EPT seat you're indirectly receiving 60% rakeback. Rumour is Boss says this violates their rakeback policy, and Trillion says it doesn't. IF that's what's going on I have to sympathise with Trillion - whilst the argument that it's violating the 30% cap can be made, if it's going to be made it should have been made months and many advertising dollars ago, as Boss would certainly be aware of this heavily and directly promoted scheme. Trillion have built up a big player base quite quickly, and if this is becoming an issue now it's likely in part due to pressure from other skins who are losing customers. I'll be interested to see how this turns out.
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"Morality is not the doctrine of how we may make ourselves happy, but how we may make ourselves worthy of happiness." - Immanuel Kant |
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Casinomeister (17th April 2008), jetset (17th April 2008) | ||
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Thanks for that thoughtful assessment, GW, which gels with what we have heard from other sources.
Trillion must have been able to put forward a pretty good prima facie case to secure its garnishee order on all of Boss Media's bank accounts in Malta, but other than an initial brief statement (see initial post in this thread) the Swedes continue to hew to their policy of not communicating publically so far.
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jetset |
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