PokerTribe.com Murky Legal Mess

Written by:
Guest
Published on:
Oct/04/2017

FlushDraw and CalvinAyre.com took notice this week when it was revealed that PokerTribe.com, fronted by the Iowa Tribe of Oklahoma, received a gaming license from the stringent Isle of Man Gambling Supervision Committee.  News reports have since surfaced that PokerTribe.com’s software owner is now being sued by his former Oklahoma Tribal partner.

Last Thursday, Cheyenne and Arapaho Tribes Gov. Eddie Hamilton filed a lawsuit in a tribal court in Concho, Oklahoma against Universal Entertainment Group (UEG) owner, Fereidoun ‘Fred’ Khalilian.

From CalvinAyre.com:

In 2012, the Cheyenne and Arapaho Tribes inked a deal with UEG to launch PokerTribes.com, an online poker site catering to international gamblers. Despite the tribe investing $9.5m, the project never got off the ground, and the tribes pulled the plug in 2014 following elections that brought Hamilton’s administration to power.

The lawsuit accuses Khalilian and UEG partners Isaias Almiras and Tatiana Vlasenko of engaging in “deceit, greed and utter disregard for the laws and economic well-being of the tribes.”

The lawsuit claims UEG didn’t actually own the poker software it sold the tribes, based on the fact that Khalilian was successfully sued in Georgia by a former business partner who claimed ownership of the software, although this judgment was subsequently overturned.

FlushDraw focused on four mystery conditions required before that Isle of Man gambling license would go into effect, one of which they seem to imply is a sale.   They cite an excerpt from a PokerTribe.com presser:

“‘We are in the final stages of the sale and have been working diligently with Universal Entertainment Group to finalize the transfer of the online gaming assets, which includes the software license agreement, to the company that has an internationally-known brand,’ Chairman Walkup said. ‘This new relationship will be beneficial to the Tribe and the new software owner as PokerTribe.com enters the international online gaming market.'”

Both FlushDraw and CalvinAyre.com suggest there is no viable market for PokerTribe at this time.

- Ace King, Gambling911.com

Poker News

Phil Ivey Returns to Poker While Another Big Name Pro Retires

Phil Ivey Returns to Poker While Another Big Name Pro Retires

BREAKING NEWS! Phil Ivey has vowed to return to the poker scene, and hasn't lost his love for large field tournaments.

Texas Poker Clubs Fear They May Need to Fold With New Law

Texas Poker Clubs Fear They May Need to Fold With New Law

Jody Wheeler is betting on a business model he bills as a legal and safe place to play poker.

Matusow vs. Selbst Demonstrates a Nation Divided – Twitterverse Responds

Matusow vs. Selbst Demonstrates a Nation Divided – Twitterverse Responds

Things got ugly this past week as vocal poker pro Mike “The Mouth” Matusow tweeted that disgraced Hollywood movie mogul Harvey Weinstein, accused of sexual harassment and even rape, was essentially doing what is “natural in Hollywood”.

Selbst to Matusow:  ‘You are a Pathetic Human Being’ Over Weistein Support

Selbst to Matusow: ‘You are a Pathetic Human Being’ Over Weistein Support

Matusow tweet seems to suggest doing sexual favors in Hollywood was common knowledge

New Venture, Same Faces: PokerTribe.com ‘Monster Deal’ a Monstrosity?

New Venture, Same Faces: PokerTribe.com ‘Monster Deal’ a Monstrosity?

The Iowa Tribe of Oklahoma has sold the online poker site pokertribe.com to the California audio company Monster Products Worldwide for an undisclosed sum.

Syndicate