Linx Media Group goes into liquidation

Linx Media Group, the owner of such online gambling Web sites as BetOnBet.com, EuroLinx.com and LinxCasino.com, has announced that it is going into liquidation. It is not known exactly what went wrong for the Malta-based group, but there are now questions surrounding the use of players’ funds for trade purposes.

Play has now been suspended on all the Web sites in the group as the liquidators are appointed. Before the statement was released announcing that it was ceasing trading, the group had been receiving numerous complaints regarding slow payment.

A spokesperson for Linx Media Group said that it was with “great regret” that the announcement was made. The spokesperson also explained that as soon as they had “information on how to lodge claims with the liquidators” they would announce this through their Web sites.

There has been a lot of reaction, understandably, amongst the online community of players, mainly surrounding the issue of their funds being used for other purposes. Speaking to Poker News Daily, the former vice president of marketing for PokerStars, Dan Goldman, said that “online sites have the same responsibility to their players as banks have to their depositors.”

   ___                        _   _____       
  / _ \    __ _   _ __     __| | |___  |  ___ 
 | (_) |  / _` | | '_ \   / _` |    / /  / __|
  \__, | | (_| | | | | | | (_| |   / /   \__ \
    /_/   \__, | |_| |_|  \__,_|  /_/    |___/
          |___/