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Refunds, Fines, Overhaul for Ultimate Bet, KGC Decrees




Refunds, Fines, Overhaul for Ultimate Bet, KGC Decrees
Refunds, Fines, Overhaul for Ultimate Bet, KGC Decrees



http://igamingnews.com/index.cfm?page=artlisting&tid=9787 

By Emily D. Swoboda
IGamingNews.com
September 29, 2008

The Kahnawake Gaming Commission today reported the initial findings of 
an audit being conducted on its licensee, Ultimate Bet, following a 
cheating scandal which spanned three-and-a-half years.

The audit, which has been underway since August under the direction of 
Frank Catania Sr., president of Catania Gaming Consultants and former 
director of the New Jersey Division of Gaming Enforcement, has turned up 
the name of the main individual responsible for the scheme that siphoned 
more than $6.1 million from player accounts.

The cheating, which was first discovered by members of a popular online 
poker community, has been found to have been perpetrated mainly by Russ 
Hamilton, the World Series of Poker winner who was formerly associated 
with Ultimate Bet's affiliate program, according to the commission.

It is understood that Mr. Hamilton is not the only individual involved, 
and other names are likely to come out in the final report.

[...]


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