Tags: club, merge, network, pic, picclub, poker

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Permalink Reply by Earl on November 4, 2009 at 12:25pm: I sure hope the network is not having problems...they were always standing behind the U.S. player when so many dropped us after the UIGEA was signed.

I know they've gotten hit hard with their badbeat promo....almost a million bucks just in the month of October this year.; ▶ Reply to This

Permalink Reply by Earl on November 4, 2009 at 12:43pm: And don't forget about earlier this year there was over a million hit on the badbeat tables as well.; ▶ Reply to This

Permalink Reply by Earl on November 14, 2009 at 7:48am: Just received a letter from Pic-Club on this matter. Any more news on this from your end JT ?

Dear PICClub Member,

As many of you know we at PICClub have been embroiled with Merge Gaming Network in a dispute over their failure to pay their debt. I want to take this time to help you understand why I felt it was necessary to escalate this issue with Gambling 911. I did not want to take this into a public arena but was forced to when they issued a press release that was an outright lie.

I wasn’t happy to lose the Merge network of rooms as I know many of you played there and I tried to avoid that happening. However when a poker room fails to pay its debt and decides to not pay players it is my responsibility to take the steps necessary to protect our players and to collect the funds rightfully owed.

Since early July I have been trying to get the Merge Network to pay not only the arrears on fees that were owed to PICClub but also the money to fund the Players cash out account. During this time I made many concessions to Merge in an attempt to get them to pay. At every promise they made to pay the arrears and acknowledging that the money was indeed owed they kept stalling and sending me the Checks in the Mail story over and over. One excuse even involved their CFO being caught in a Typhoon in Japan.

It soon became evident that they had no intention of paying their debt and worse they were going to stiff the players.

I sought council with many people I respect in this industry and to a person they agreed that I needed to make this issue known. Not only as a possible means to collect our funds but also to expose that Merge was either financially in trouble or was operating unethically. Either way we weren’t getting funds from them so I decided that Gambling 911 would be the venue that I would supply the documentation to that backed up the facts of the issue.

I knew that PICClub would possibly take a black eye over this and I certainly weighed that against the need for this story to be made public. It wasn’t an easy decision to make and cost me many restless nights of sleep. BUT it had to be told.. Maybe just maybe, Merge would at the very least send the money to pay the players.

Well they finally sent enough money to cover the players cash outs. It is unfortunate that it took shaming them in a Public Arena for them to do what was right by the players and the attacks on PICClub and I personally are still going on. Merge has not presented 1 piece of evidence to refute the story, they have instead decided a campaign of slander, lies and innuendo waged by a group of affiliates and forum owners would be their answer to the issue presented.

Well my job however is not done. They still owe PICClub 107 thousand dollars and I intend to collect it. Every penny they take from PICClub, they also take from you the members. It is coming up on Christmas time and that means the funds in your CSA account will be available to you plus the interest earned and a % of PICClub profits. For those of you who have been with us for 2 years or more you will recall that we paid 14.25% in our first year and 10.5% in our second. I am not sure where we will be this year as the books haven’t been settled for the CSA yet but I don’t want a 107 thousand dollar loss to be an issue. I INTEND TO COLLECT EVERY PENNY THEY OWE.

I ask that you continue your support of the PICClub and please play at the poker rooms that are operating honestly with us. They too deserve your support. When you see PICClub being slammed in a forum do not hesitate to speak up. There are those out there who’s only agenda is to do harm to PICClub no matter how many lies it takes.

We will be adding more rooms for you to play at and I know that you will enjoy them. So stay tuned for exciting news.

I will speak with you again soon about the CSA payout and I hope to be able to give you great news at that time.

Kindest Regards.

Chuck Kidd
CEO
Players Investment Company; ▶ Reply to This

Permalink Reply by JTodd on November 16, 2009 at 8:46pm: Thanks for the post, Earl.

I met with Chuck in San Jose last week and he had a lot of interesting things to say. I believe this situation will resolve itself within the next week or so, and I think Pic Club will be vindicated. Let's watch and see =0); ▶ Reply to This

Permalink Reply by pomp on November 21, 2009 at 9:52am: Ask Chuck what about the money these guys owe people

ApexBets Poker
USA Rounder Poker
Casinounreal Poker
Doms Casino and Poker
Mediterraneobet.com Poker
Pokers DNA
URBetting Poker
Safest Bet Poker
StinkyFishPoker
PaperChasePoker
RioPokerPalace
i-Sportsbook Poker

PICClub work with these sites on the IGS/Futurebet/GameTech Solutions run by Joe Lacascia and Ron Kadarishko aka "Ron Katz"

The assholes that ripped of me and made pimp-your-poker / bigdaddys look soooo bad.; ▶ Reply to This

Permalink Reply by JTodd on November 23, 2009 at 6:37pm: I will ask Chuck to come post here so he can give you answers directly.; ▶ Reply to This

Permalink Reply by JTodd on November 25, 2009 at 1:22pm: UPDATE:

I have been contacted by the Merge CEO Anthony Taylor, who has expressed an interest in speaking with us to voice his position. We welcome the input and look forward to adding this to what PicClub has already told us. I hope to have TWO interviews by next week at this time so you can all listen to what each party has to say and draw your own conclusions.; ▶ Reply to This

Permalink Reply by Earl on November 25, 2009 at 1:44pm: Sounds like a winner to me.

JTodd said:
UPDATE:

I have been contacted by the Merge CEO Anthony Taylor, who has expressed an interest in speaking with us to voice his position. We welcome the input and look forward to adding this to what PicClub has already told us. I hope to have TWO interviews by next week at this time so you can all listen to what each party has to say and draw your own conclusions.; ▶ Reply to This

Permalink Reply by pomp 1 day ago: Thats great Jay but he obviously declined.

JTodd said:
I will ask Chuck to come post here so he can give you answers directly.; ▶ Reply to This

WATCH: Merge Poker Network / Pic Club

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