Absolute Poker and UB.com Cancel Pro Contracts
Bad news has hit for fans of Absolute Poker and UB.com as the two companies have just announced the termination of some of its most popular professional poker players’ contracts. The move to immediately dump some eleven pros has come as a surprise to many.
Both networks are part of Blanca Games Incorporated and Cereus Poker Network, corporations that were greatly affected by the recent American federal indictments (dubbed Black Friday) leveled at online poker sites PokerStars, Absolute Poker and Full Tilt Poker. The indictments charged individuals associated with these poker companies with various illegal gambling activities and have resulted in massive repercussions for the involved businesses. Due to the legal fallout, Absolute Poker and UB.com have dismissed eleven of their professionals (Maria Ho, Eric Baldwin, Joe Sebok, Brandon Cantu, Prahlad Friedman, Scott Ian, Adam Levy, Dave Stann, Tiffany Michelle, Trishelle Cannatella and Bryan Devonshire). Absolute Poker and UB spokespeople attributed the firings as part of both businesses’ focus on efficiency measures. The companies, now faced with losing income from the United States, are being forced to take drastic measures in order to ensure their survival.
Absolute Poker and UB.com’s decision is a major one that is sure to send shockwaves throughout the industry. The loss of the entirety of Team UB along with one of Absolute’s top brand representatives is a sure sign of further financial difficulties to come. Statements from the Blanca Games companies were issued that expressed regrets for the sudden terminations and best wishes for the players’ futures.
Both networks are part of Blanca Games Incorporated and Cereus Poker Network, corporations that were greatly affected by the recent American federal indictments (dubbed Black Friday) leveled at online poker sites PokerStars, Absolute Poker and Full Tilt Poker. The indictments charged individuals associated with these poker companies with various illegal gambling activities and have resulted in massive repercussions for the involved businesses. Due to the legal fallout, Absolute Poker and UB.com have dismissed eleven of their professionals (Maria Ho, Eric Baldwin, Joe Sebok, Brandon Cantu, Prahlad Friedman, Scott Ian, Adam Levy, Dave Stann, Tiffany Michelle, Trishelle Cannatella and Bryan Devonshire). Absolute Poker and UB spokespeople attributed the firings as part of both businesses’ focus on efficiency measures. The companies, now faced with losing income from the United States, are being forced to take drastic measures in order to ensure their survival.
Absolute Poker and UB.com’s decision is a major one that is sure to send shockwaves throughout the industry. The loss of the entirety of Team UB along with one of Absolute’s top brand representatives is a sure sign of further financial difficulties to come. Statements from the Blanca Games companies were issued that expressed regrets for the sudden terminations and best wishes for the players’ futures.
