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Trouble for Tusk

The Tusk Investment Corporation Limited has announced liquidation but has yet to release any further details about the liquidation. Tusk is a Microgaming licensed online casinos and poker gambling Web site that previously enjoyed a great reputation in the internet gambling industry. The last several weeks though have been tough for Tusk, in addition to losing player accreditation, the online casinos and poker gambling company has now also lost its Microgaming license until more details of the liquidation are announced. Players on the Tusk gambling site are concerned at this point because the company has not released any details concerning player account balances and any information on the future of the site.

Tusk now lost accreditation from the standards group eCOGRA after eCOGRA performed a regular check on the company policies and practices. eCOGRA announced that it was pulling its “Safe and Fair” seal from the site because of irregularities found during the regular check.

At that point, Tusk informed Microgaming that the online casinos gambling company was seeking liquidation. Microgaming has attempted to follow up with Tusk, but a statement from the company notes that "Microgaming has unfortunately heard nothing further from Tusk itself, and has yet to be advised of the details of the appointment of a liquidator for Tusk. Until a liquidator advises on Tusk’s financial position and ability to pay players and to pay Tusk’s white labels and affiliates, Microgaming is unable to assess the situation.”

Microgaming is a top name in the online casinos software development industry and the company was careful to point out that though Tusk licenses Microgaming software, Microgaming is a separate company and continues to operate the successful Microgaming Poker Network.