Written by :
Published on :
The Everleaf Poker Network has left the US market and there are questions regarding the solvency of this poker network and whether customers in the rest of the world are safe playing here.
While a representative from Everleaf’s largest online poker skin, MintedPoker, suggested on Thursday that this is due to the current legal environment, others have speculated that the company could be having cash flow issues, perhaps brought on by a payment processor shutdown. It should be noted that Everleaf has been slow paying customers outside the US over the past month.
For US players, the primary withdrawal option appeared to be player-to-player money transfer and even these were taking several weeks to receive.
A red flag appeared several weeks ago after many US players reported receipt of funds via Moneybookers, a popular payment solutions company that strictly prohibits US players from utilizing its services for gaming.
Everleaf apparently utilized the payment platform PicClub as well. Several weeks ago, Gambling911.com had questions concerning the ownership of PicClub and its connection to Poker Players Network, which had failed to pay customers for the past couple of months. PicClub was also cited for potentially lacking the proper reserves. The head of PicClub, Chuck Kidd, has apparently fallen off the face of the planet after appearing on the popular Internet poker program Quadjacks.com nearly every day.
A representative from Minted Poker, the network’s marquee room, insisted US player funds were safe late Thursday.
- Chris Costigan, Gambling911.com Publisher
