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Largest Online Casino Cheating Case: 2

MSNBC’s Michael Brunker was the first of the mainstream US news stations to release a full accounting and analysis of the online casino poker gambling cheating scandal that has rocked the internet gambling industry. The internet gambling industry is still fairly new – just a decade old, but gamblers head to the online casinos trusting in the name and the respectability of not only the gambling company, but of the jurisdiction in which the company is licensed and the longevity in business. All of that though has proven to not entirely indicate which sites are safe. Sister sites, Ultimate Bet and Absolute Poker are both embroiled in ongoing investigations into the cheating scandals that were uncovered over the past 13 months.

Tokwiro Enterprises, the parent company of the two sites, conducted an investigation of the cheating scandals, as did the licensing authority the Kahnawake Gaming Commission. And although both organizations have concluded the investigation and released cursory reports to the online casino gambling industry on what occurred and follow up actions taken, the internet gambling industry remains left in the dark in terms of who was behind the huge cheating scandals and the exact amount of funds stolen from players in both scandals.

Brunkers report is the first time that the online casino gambling industry and international media were given any clear indication of the scope of the scandals. Brunker noted in his MSNBC report that an $85 million lawsuit is in the works against Ultimate Bet. That is really the extent of the information released on either the figures involved in the cheating scandal or additional action that may result from the scandals. GambleCraft will continue to update the online gambling industry as more information is released.