CARDSPIKE FOLDS - THE END OF AN UNPLEASANT ONLINE
INTERLUDE (Update)
15 May 2009
But its farewell shot will not sit well with
players
Hundreds of column inches have been devoted to the
unhappy story of online poker room Cardspike and its
questionable association with senior executives of the
Casino Affiliate Program company (see previous InfoPowa
reports) and this week the saga dragged to a close as
the operators advised players that it was about to close
its doors.
In an email to players, CardSpike
advised:
"We are contacting you to confirm that
Cardspike.com will be shutting down all operations
effective May 31, 2009. Deposits will no longer be
accepted into your account effective immediately.
"You can cash out your account at any time before
May 31, 2009 by your preferred method. After May 31,
2009, your account will be cashed out and the balance
remitted to you via the method you used to deposit.
"Thank you for your past support."
But almost
as an afterthought came the sting in the tail, which is
being interpreted by many as the final deceit from the
company - it read:
"*Note – The minimum
withdrawal amount is $50. In light of these
circumstances we can manually process a withdrawal for
less than $50 but there will be a processing fee of
$40."
This is seen as prejudicial to those
players that happen to have a low balance in their
accounts, by placing them in such a position that the
"processing" charges exceed the worth of their current
balance.
In a long-running story replete with
questions of integrity, conflicts of interest and
downright deceit, the end has apparently matched the
beginning in those areas.
Online Casino News Courtesy of
Infopowa
More news here.
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