| Absolute Poker Responds to KGC Findings: Fined $500,000 On Friday, the Kahnawake Gaming Commission fined Absolute Poker $500,000 for an internal breach discovered as part of an audit conducted by the Commission.
Here are the main conclusions:
1. Beginning on August 14 and continuing for six weeks, various accounts were used to view hole cards, and the person(s) responsible have been removed from any role at AP.
2. After the activities took place, person(s) associated with AP operations deleted records and gaming logs to hamper the investigation.
3. No evidence shows that AP sanctioned or initiated the activities.
4. Principles of AP failed to contact the Kahnawa:ke Gaming Commission with 24 hours of becoming aware.
5. AP reimbursed all players with interest, but anyone who still wishes to make a claim can do so within 60 days of this report.
6. AP has taken appropriate actions to address the ?vulnerability in its systems? to prevent this from happening again.
In addition, the Commission has chosen to impose sanctions on Absolute Poker as follows:
1. AP operations will be subject to random audits of logs and records over the next two years, the costs of which will be paid by AP. The site must also implement a continuous compliance program, and any person(s) responsible for any part of the cheating scandal must be removed from any role at AP, which the Commission feels has been done.
2. AP must pay a fine to the Commission of $500,000 due within 60 days.
3. AP must give a security deposit to the Commission to be held for two years which may be used to offset the cost of any future breaches of rules, laws, and regulations.
4. AP must pay the Commission for all costs incurred through the investigation, including the audit. |