Online Casino Style: News - Stryyke in Hot Water

09/28/2010		Online Casino Style - News: Stryyke in Hot Water
Home History Games News Dictionary		Though regulation in the modern world of online gambling is a strong incentive for internet casino groups to do right by players (not to mention the strength of communication in the online gambling community through forums and board posts that can result in utter losses in business) there still exist some companies who apparently like to push the envelope with trying to get out of paying out winnings. One executive who attempted to skirt such a responsibility now finds himself arraigned in court, paying the due consequences for avoiding paying out winnings. The story is unfolding in relation to Stryyke Poker, an online poker website that just recently lost their license to operate for failure to comply with regulations. According to 2plus2 forum posts, the business fallout has now carried over into criminal court, with the arrest of Rajiv Giri, a forty year old Indian-born German national accused of failing to pay out more than €50,000 in player winnings. He had been director for the online casino in question. His initial pleas in regards to the case were entered as ‘not guilty,’ claiming that the unpaid amounts only actually totaled to €6,000 as the remainder of the funds were not properly claimed with appropriate identification. In regards to bail, opposition was trying to get the price tag as high as possible to ensure that Giri would have reason to return to Malta for further proceedings. They ended up settling on a personal guarantee of €20,000, and Giri was also given permission to leave Malta to travel within reason to other European Union countries.

09/28/2010

Online Casino Style - News:
Stryyke in Hot Water

Though regulation in the modern world of online gambling is a strong incentive for internet casino groups to do right by players (not to mention the strength of communication in the online gambling community through forums and board posts that can result in utter losses in business) there still exist some companies who apparently like to push the envelope with trying to get out of paying out winnings. One executive who attempted to skirt such a responsibility now finds himself arraigned in court, paying the due consequences for avoiding paying out winnings.

The story is unfolding in relation to Stryyke Poker, an online poker website that just recently lost their license to operate for failure to comply with regulations. According to 2plus2 forum posts, the business fallout has now carried over into criminal court, with the arrest of Rajiv Giri, a forty year old Indian-born German national accused of failing to pay out more than €50,000 in player winnings. He had been director for the online casino in question.

His initial pleas in regards to the case were entered as ‘not guilty,’ claiming that the unpaid amounts only actually totaled to €6,000 as the remainder of the funds were not properly claimed with appropriate identification. In regards to bail, opposition was trying to get the price tag as high as possible to ensure that Giri would have reason to return to Malta for further proceedings. They ended up settling on a personal guarantee of €20,000, and Giri was also given permission to leave Malta to travel within reason to other European Union countries.