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Dispute Over Internet Poker Site

Though the company is unidentified at this point, sources inside the industry have leaked information that Playsafe Holdings AS is part of a dispute that involves online casino poker player’s monies, and rake money. Playsafe is a fairly well-known name in the internet poker industry because of the company’s moderately successful Action Poker Network. The company in question was acquired by Playsafe, but the acquired company was not interested in leaving its previous online casino poker network. This is where it get a little tricky.

The acquired company licensed through Playsafe claims that Playsafe continued to operate the online casino poker site even after the licensee officially closed down operations. The allegations then go so far as to suggest that Playsafe then blocked the licensee from accessing the online casinos poker site’s administration panel.

Now according to the licensing company, Action Poker Network, a spokesperson commented, “We are working on getting payments resolved." But the licensee seems to be a little unsure about the veracity of that statement as players are still awaiting funds and the licensee is still unable to fully switch the online casino poker site in question over to another poker network.

The whole issue is still under wraps in the media though insiders at the online casino and poker information portal Point-Spreads broke the story and has focused on following up as well.