60 Minutes Story on Ultimate Bet Scandal May Air October 26t

[redeyed]

Posted on 29 September 2008

In addition to the buzz around the seizure of 141 internet gambling domains by the Governor of Kentucky, an upcoming story by CBS’ “60 Minutes” has also been the center of discussion at the CAP Euro Barcelona event. Poker News Daily has learned that the story by “60 Minutes” should air on Sunday, October 26th, just days before the general elections in the United States. The program will likely cover the user scandals at Ultimate Bet and Absolute Poker, which have made headlines across the poker world in recent months.

The story by the longstanding news magazine will focus on the scandals that have rocked Ultimate Bet and may include the POTRIPPER issues at its sister site, Absolute Poker. In addition, the rumor around the industry is that “60 Minutes” is teaming up with a major newspaper for the story, which may be just weeks from airing. In its last update on the NioNio scandal that rocked the online poker site, Ultimate Bet listed additional user names that were involved: Crackcorn55, WhakMe, GrabBag123, gravitation, Bgroup, H_Curtis, Twenty 1, WacoManiac, Broke_In_L_A, ShaqTack, BlueBerry101, HolyMucker, 55WasHere, Xnomas, dannyboy55, Indy05, and SlimPikins2.

more here:
http://www.pokernewsdaily.com/60-minute ... -26th-442/

[redeyed]

Kahnawake Gaming Commission Announces Sanctions on UltimateBet: Russ Hamilton Named


September 29, 2008
Haley Hintze
In a release issued late on Monday afternoon, the Kahnawake Gaming Commission announced sanctions imposed as a result of the insider cheating scandal at UltimateBet. Named specifically in the announcement was UB official Russ Hamilton, described by KGC as an individual associated with UB's affiliate program. The KGC cited "clear and convincing evidence" and stated that it is contact with the "appropriate law enforcement agencies" regarding the prosecution of those involved with the cheating scandal.

In addition, the KGC announced that a $1.5 million fine has been levied against the company, and that further refunds of player funds stolen from other customers shall commence no later than November 3rd, 2008. In total, the KGC sanctions included six separate elements, which appear in the entirety of the release below.

Dozens of different screen names have been identified in connection with the cheating scandal, which covered an extended period of play on the site from May of 2004 to early in 2008.

Further inquiries to KGC confirmed that these are preliminary findings, and that a final determination will be released at a future date. Per a KGC source, the preliminary report produced by auditor Frank Catania and his team was sufficient for the Commission to take the necessary steps, as it was stated, to protect the online player community.

The complete text of the statement as issued by the Kahnawake Gaming Commission follows:
click here:
http://www.pokernews.com/news/2008/09/k ... ctions.htm