Eight Poker Players in Lawsuit Against UltimateBet

23 January 2012 No Comment

UltimateBet was one of the biggest US poker sites in the world before April 15, 2011, otherwise known as Black Friday to online poker players. Thousands of players have money locked up thanks to Black Friday, but very little information has been made to the public regarding what is currently happening with what remains of the company, 6356095 Canada Inc.

6356095 Canada Inc., also known as Excapsa Software Inc., has just had a lawsuit filed against them in the US District Court in California. The plaintiffs are eight poker players that are accusing the company of violating the Racketeer Influenced and Corrupt Organizations Act, otherwise known as the RICO Act.

6356095 Canada Inc. has also been accused of defrauding players out of $20 million after a scandal that saw high stakes cash players swindled by players that could see their cards. The site has admitted to these problems and has repaid the stolen money to the affected players, but the plaintiffs are claiming that they lost way more money than was repaid.

The eight plaintiffs are attempting to get $1.73 million out of 6356095 Canada Inc., as well as extra compensation for potential punitive damage. Included among the plaintiffs are well known poker pros Dustin Woolf, Brad Booth, and Thomas Koral. Does the fact that they took the time to file this lawsuit mean that these players have not had much success on the best Euro poker sites since Black Friday?

While it is unknown how it will affect he lawsuit, currently 6356095 Canada Inc. is undergoing liquidation proceedings in Canada.

An outsider might argue against the necessity for such a lawsuit at this moment in time. Why aren’t these professional poker players playing on other sites for income rather than attempting to sue an already troubled business? For example, a Cake Poker download is an option. Maybe they know something we don’t know, however, and their lawsuit will prove successful. We will wait and see!