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

jetset

RIP Brian
Joined
Feb 22, 2001
Location
Earth
ISLE OF MAN - Microgaming announced today that it has terminated its software licence agreements with the Linx Media Group, with immediate effect. It has been advised that the group Companies are insolvent.

Microgaming is presently gathering all facts relating to this matter and will provide further announcements as and when information becomes available.

Microgaming recommends that any Eurolinx, BetOnBet and Linx Casino players affected by this situation submit their enquiries directly to the relevant liquidator as soon as contact details become available.

For historical reference:

https://www.casinomeister.com/forum...n-payment-no-response-to-player-issues.32576/

https://www.casinomeister.com/forums/threads/eurolinx-twolinx-none-payment-of-affiliates.32571/

https://www.casinomeister.com/forums/threads/i-cant-get-paid-by-betonbet.32497/

https://www.casinomeister.com/forums/threads/eurolinx-removal-from-accredited-list.24462/

https://www.casinomeister.com/forums/threads/linx-casino-anyone-been-paid.31005/
 

wangpoker

Full Member
webmeister
PABnononaccred2
Joined
Jun 29, 2006
Location
Ontario/Canada
eurolinx, linxcasino and betonbet in liquidation

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.
 

De Beuker

Senior Member
Joined
Apr 20, 2009
Location
Netherlands
That doesn't look very good..
I have some cash in my account at Linx casino.
Does this mean I can wave my money goodbye?
That would really suck.:mad:
 

pokeraddict

Webmaster
Joined
Aug 3, 2002
Location
Las Vegas
I did not lose any money in this, luckily my state was banned from Microgaming years ago, but I know a lot of people who did lose money. It is time to really press Microgaming and for people in the indistry to realize they are a sham. Years ago Microgaming was a name you could trust but first Tusk and now this. It shows Microgaming has no concern for what their licensed skins do and no concern for player funds being help separate or safely. If they turn their heads again on this they need to be marked as a rogue software provider as it seems they clearly don't care about players or legit licensees concerns. I can't think of more than a handful of Microgaming skins I would want even owing me $100 right now.

If I were a skin owner I would be furious, this just devalued your property no matter how strong your brand is. Players everywhere are left to wonder if they can trust any MG site. I hope the skins push MG to make this and Tusk right or risk losing the entire business in the long run.

Are we really to a point where we can say Microgaming is one of the shadier companies in this industry? Who ever thought this day would come?
 

De Beuker

Senior Member
Joined
Apr 20, 2009
Location
Netherlands
Wel, I do lose money, I have a pending withdrawl for 120, not that much but still..
What really bothers me is the mail I got thursday from linx, with nice deposit offers, mind me, but they already knew they were bankrupt, right?
What a bunch of crooks!:mad:
Lesson learned, I'll stick to 32RED and Spin Palace from now on.
 

NASHVEGAS

Banned User - flamming, disrespecting admin,
Joined
Dec 10, 2006
Location
MERS
I did not lose any money in this, luckily my state was banned from Microgaming years ago, but I know a lot of people who did lose money. It is time to really press Microgaming and for people in the indistry to realize they are a sham. Years ago Microgaming was a name you could trust but first Tusk and now this. It shows Microgaming has no concern for what their licensed skins do and no concern for player funds being help separate or safely. If they turn their heads again on this they need to be marked as a rogue software provider as it seems they clearly don't care about players or legit licensees concerns. I can't think of more than a handful of Microgaming skins I would want even owing me $100 right now.

If I were a skin owner I would be furious, this just devalued your property no matter how strong your brand is. Players everywhere are left to wonder if they can trust any MG site. I hope the skins push MG to make this and Tusk right or risk losing the entire business in the long run.

Are we really to a point where we can say Microgaming is one of the shadier companies in this industry? Who ever thought this day would come?
The perfect storm is brewing (hopefully a good thing) but the most surprising has been the few MG's casinos I still have accounts at treatment of it's long time loyal customers.

Of course this does not compare to Jet's news but throw in the uncertainty of the EWX current situation and the new international ACH requirements and the impetus behind it, anything is possible!!

EDIT:there is another US issue but not comfortable mentioning, maybe ATB. Not enough players, not enough to be an on-going concern.
 

pokeraddict

Webmaster
Joined
Aug 3, 2002
Location
Las Vegas
Wel, I do lose money, I have a pending withdrawl for 120, not that much but still..
What really bothers me is the mail I got thursday from linx, with nice deposit offers, mind me, but they already knew they were bankrupt, right?
What a bunch of crooks!:mad:
Lesson learned, I'll stick to 32RED and Spin Palace from now on.

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.
 

vinylweatherman

You type well loads
Joined
Oct 14, 2004
Location
United Kingdom
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.

This could also be SERIOUS fraud. It is a corporate crime known as "trading whilst insolvent", and company directors are the ones held responsible. Sadly, the penalties are a bit lame, even here in the UK, and there have been many cases of companies trying to trade their way out of a hole, whilst knowing full well they could no longer meet their liabilities. If they succeed, no-one ever finds out, but it is when they fail that a far larger amount of customer's money is lost than would have been the case if they ceased trading as soon as they realised they could not honour their obligations.
In many cases, the high ranking employees, directors, and owners know the end is coming, and they have an opportunity to make sure THEY never lose out when the ship finally sinks. It is lesser employees, and customers, that suffer the loss when intention to liquidate is announced
because they have NO advance notice whatsoever, and can do nothing to protect THEIR funds.


What is worrying here is that this is YET ANOTHER case of an MGS casino/poker operation going bust, and in pretty much the same way ("business as usual", MGS notified of intention to liquidate, license pulled, THEN players get told when it is too late to move funds out)

There is STILL no conclusion to the TUSK liquidation for POKER players, and here we go again, with the full expectation that players here too will get NOTHING back from MGS.
It is too early to tell what will happen to CASINO players, and in the past MGS have had a reputation that there was some "insurance fund" of last resort to ensure that a player NEVER lost out to an operator going bust. The TUSK issue blew a big hole in this idea, and if CASINO players lose out in this case, this part of the trust element of playing at an MGS casino will be sunk forever.
This will be a HUGE disaster for MGS if the industry were to suddenly pick up following a reopening of the US market, since players would know there was no such thing as this "insurance fund", and may well suspect it never existed at all, and that it was all a "lie" whose truth was fuelled by the fact that the industry was robust enough that MGS was never facing having to pay out to players, because they were always able to persuade a new operator to take on the liability of existing funds when buying the casino assets of the liquidated operator. In the case of Integrity casinos, Casino Rewards bailed MGS out by taking over the casinos. Casino Rewards AGAIN bailed out 6 MGS casino skins when TUSK went under. Casino Rewards do NOT have infinite resources, yet they seem to be the only operator interested in this particular type of salvage. If Casino Rewards is not interested in these MGS casinos, who else might be. From what I can see, groups are cutting DOWN on the number of casinos they operate, and the only value would seem to be a player base, some of whom may already have accounts at a group taking them over.
Players should hope that Casino Rewards are still interested in the salvage value of failed MGS casinos, since this route would be much faster than the liquidation process, and from the TUSK affair, it is likely that negotiations and bids are already in progress (from any number of groups, or even a completely new operator)- but in strictest confidence at present.
 

biggambler567

Dormant account
PABaccred
PABnononaccred2
Joined
Aug 16, 2007
Location
Trinidad
Hi folks i just went to linx casino to redowload the softare and deposit and his is the message i found online there, not sure if I am posting it in the correct form, so please excuse me if i am not, the message is below, also I am an affiliate there so I am sure this means I wont be getting paid my commission for last month!!!! Also i feel sorry for any players out there who have money in their casino accounts!!!!

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.
 

jetset

RIP Brian
Joined
Feb 22, 2001
Location
Earth
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?
 
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jetset

RIP Brian
Joined
Feb 22, 2001
Location
Earth
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

RIP Brian
Joined
Feb 22, 2001
Location
Earth
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

Senior Wember
PABnonaccred
Joined
Oct 29, 2007
Location
England
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

Forum Cheermeister
Staff member
Joined
Jun 30, 1998
Location
Bierland
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 :thumbsup:
 

BigSD

Dormant account
PABnononaccred3
Joined
Sep 4, 2007
Location
Australia
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.
 

Mouche12

Kitty Lover
PABnonaccred
PABnoaccred
PABnononaccred
Joined
Jul 25, 2007
Location
Amsterdam
Liquidation of Linx Media

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.:eek:
 

Consultant

Dormant account
Joined
Aug 17, 2009
Location
Planet earth. Mostly.
Doing some digging to find out who the people are behind this group.

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

On the Malta registry of companies (Link Removed ( Old/Invalid) ), the company registration is C 40689 Eurolinx limited.

The names Linx Media Group, BetOnBet and Linx Casino are not registered as such in this registry.

Moreover, on 18/08/2009 Eurolinx made alterations to its Memorandum of Articles as well as updated its Memorandum & Articles of Association.

On this site, I failed to find the names of the natural persons involved and couldn't access the changed or original articles and memoranda.

My best guess: Account holders won't see much money back from non-existent entities and somehow the shareholders/managers changed the company structure as such that they feel confident to start frauding a little last bit of deposits out of people.
 
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hakapuku

Banned User - repeated violations of rule 1.14 (tr
Joined
Aug 29, 2006
Location
UA
Now let's make it straight... I am owed more than 1000 euro by Linx casino. I played there only 2 weeks ago. And I am 99% sure that they will never pay me this money!
Now let's ask one more time- who should we blame??? Linx casino??? A bunch of losers and liars! Who else? Microgaming??? I think so! But Microgaming seems not to care!
Please ,explain me why Microgaming and Playtech are still considered to be respectful entities at this website! Player's advocate website? Both of these biggest companies has proved many times over these years that they are ready to let to their licensees to steal from it's players!
Now I am robbed!
Thank you Casinomeister! That was an accredited robbery!
 

Pulver

Senior Member
webmeister
PABaccred
Joined
Aug 5, 2009
Location
Tellus
Doing some digging to find out who the people are behind this group.

One of\if not the main guy, is called "Jo Arild Remme", and I just found out that he is from the same district as me here in Norway. (I am in no way linked to this guy)

He has been in "trouble" before, with pyramide schemes and other projects going bust.

(Im not out to stain the guy, you asked, I knew the answer, so I answered.)

Other posts to confirm can be found here:

You do not have permission to view link Log in or register now.


Links to his other schemes can be found here:

You do not have permission to view link Log in or register now.


You do not have permission to view link Log in or register now.


(All the information are in Norwegian)


Sorry for those of you who lost money in this. How a company that seemingly has a large player base and rakes in guranteed profits in poker-rake and have the house edge on their side in the casinogames can go bust like this is beyond me...
 
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