TUSK LIQUIDATOR HARD AT WORK (Update)

21 March 2008

Players will soon have information on where to lodge claims


The liquidators of the Tusk online casino group, which went broke earlier this year leaving its online casino and poker players in the dark (see previous InfoPowa reports) have been hard at work this week, reportedly brokering the sale of Tusk's six online casinos to fellow Australian group Casino Rewards and assessing the extent of the loss on the poker sites belonging to Tusk, who's future remains uncertain.

Microgaming, the software provider to Tusk prior to its liquidation, issued a further statement this week confirming that a Brisbane based liquidator appointed by Tusk Corporation has been ratified by the regulatory authorities in Vanuatu.

Microgaming has been in contact with the liquidator and has been informed that they are currently in the process of gathering all the relevant financial information from Tusk. The liquidator made it clear that this process may take some time, however, Microgaming has been led to believe that affected players will receive information on how to lodge their claims with the liquidator by the end of next week.

Microgaming appreciates that the slow process is causing continued frustration among the playing community, but unfortunately it is not in a position to influence the speed of the legal process. Microgaming will endeavour to keep players informed as more information is made available.

Meanwhile, unconfirmed reports suggest that the Kahnawake Gaming Commission has also pulled Tusk's jurisdictional licenses.

Online Casino News courtesy of InfoPowa