Zillionaire's Row

bluborg · Member Joined: 13 Feb 2008 Posts: 18

Dynamic Gaming Systems Collapses 01/08/2008 12:38 PM
The Costa Rica based poker network Dynamic Gaming Systems has crumbled, allegedly taking licensee and player funds at 19 online poker sites, the best known among these being Jungle Poker and Wingows Poker. Big Juicy Odds Poker has announced it will be migrating to the Gold Chip Network and will honor player balances. It is not known at this point if any of the other sites will follow suit. Below is the full list of DGS poker sites:

10Large Poker
Big Juicy Odds Poker
Bubba’s Poker
Butcher Poker
FullBet Poker
G2G Poker
Jungle Poker
KingFish Poker
Live For The Flop Poker
LuckyHog Poker
MyPokerSite.com
OK USA Poker
OPT Room Poker
Panther Poker
PlayPokerPlus
QPoker
RiverFlop Poker
Wingows Poker
Zero2Hero Poker

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Here's the official statement...

A statement From DGS:

We regret to inform you that Dynamic Gaming Systems Corporation S.A. has become insolvent. It is unable to meet its ongoing obligations.

This has resulted due to a number of reasons including: 1) the lack of players that have been signed up on the network and 2) The loss of a number of payment solution providers including most recently Epassporte.

The network will remain open until Friday January 25th at noon eastern time. The cashier section has been turned off and all tournaments have been cancelled. If any licensee would like to acquire the network at no cost please respond to this email and we will contact you.

We anticipate a receiver will be appointed to liquidate the assets.

Michael Kennedy - Staff
Dynamic Gaming Systems

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Online Poker News
Lucky Hog Poker Migrates to Merge Gaming 01/18/2008 12:42 PM
LuckyHog.com, an online poker site to survive the failure of both FutureBet and Dynamic Gaming Systems, has migrated to the Merge Gaming Network and announced all player account balances will transferred to the new network.

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Dynamic Gaming Systems Collapses Update 02/12/2008 09:33 AM
As we previously reported on the 23rd of January, Dynamic Gaming Systems (DGS) announced that an agreement for the transfer of their network had been reached with Cintaly Holding Corporation (CHC) and that it was their intention to have the DGS network in full operation within 72 hours of the transaction being completed.

Since then, PokerRoomReview has received disturbing reports from players who have been attempting to play at Jungle Poker and from one player in particular who has been a customer of JP for about a year. This player reports that there is absolutely no evidence of a legitimate new ownership and that CHC appears to be a non-existent company. The entire site remains closed except for ring game play, perhaps 2 or 3 people at support and the cashier, which just reopened Sat, Feb 11th, with the announcement of new withdrawal rules, which say, in effect, that no previous account balances will be honored. The few remaining players are being made promises of things that never take place and the entire situation is a shambles. The players are being told absolutely nothing and accounts have been locked in retaliation for criticizing the individual who claims to be the Director of Operations. The player wrote, “My main reason for writing you is that what is going on at Jungle Poker is bad for internet poker and what DGS and the supposed new "owners," particularly [the Director of Operations] are doing to legitimate players is disgraceful at best, and in my opinion, criminal at worst.”