Dynamic Gaming Systems in Trouble?

[GaF]

A PL'r has brought to my attention an email he received, which seems to suggest that Dynamic Gaming Systems is in trouble and may be going under soon. I do not know how reliable this information is, nor have I been able to verify it with any further sources, so at the moment I'd tag it as a "rumour" at most.... However what I can see is that over recent months, players and affilliates have reported having trouble withdrawing funds from this group. Whether they are in trouble or not, I'm not sure you want to leave funds with them..... The brands this affects are below.

DYNAMIC GAMING SYSTEMS is in some deep turmoil and all of the top executives of the network have resigned or flat out quit. I have it on good authority (the best authority actually) that chances are MORE than likely that the entire network is going down sooner than later. TAKE YOUR MONEY OFF NOW from any site on this network. Sites include but are not limited to: Jungle Wingows Big Juicy Odds Bubba's Later today or tomorrow affiliates will be receiving an email warning them about what I've just told you. I'm telling you early. I'm telling you this now so you can get your withdraws in FIRST before the mad rush.

[philossify]

Re: Dynamic Gaming Systems in Trouble? On the positive side ...... Wingows still seems to be in operation and my small (

[philossify]

Re: Dynamic Gaming Systems in Trouble? This is reported from the net, so accuracy cannot be totally guaranteed....

Sportsbookreview.com is reporting the following: 01.08.2008 (10:11 AM CST) BigJuicyOdds (SBR rating D+) poker network (DGS) folds. BJO states that the provider has closed with licensee and player funds. BJO also tells SBR it will be transferring all poker balances to a new network provider, Dobrosoft. The migration of accounts is expected to take three days. Players can also request a payout or a balance credit in the BigJuicyOdds sportsbook, which is a separately operated. Players with other poker brands may be less fortunate. JunglePoker.com is owned by the Dynamic Gaming network and is not expected to settle accounts. G2Gpoker, a poker-only gaming site, has previously stiffed players as part of the Futurebet Gaming network.

Suprisingly to me ... when I load up my Wingows theres still people playing on there ... will be interesting to see if my current balance of $8 survives. Wingows has proved trustworthy so far ... and if things stabilise I'd be only too willing to play on there again as there cheap MTTs were./are so full of smaller fish than me :lol Statement seems to support my theory that poker brands that also run sports books are less prone to skipping with your hard earned dosh. If my massive $8 does dissappear it will be the first money I've lost this way in over 2 years (and 60 sites) of poker.

[rednutt]

Re: Dynamic Gaming Systems in Trouble? Can anyone help me. I knew nothing about jungle being in trouble. I tried to withdraw money today and cashier isnt working obviously. I have money in there and not sure whats happening. :cry

[dobbin]

Re: Dynamic Gaming Systems in Trouble? A little update I have found Dynamic Gaming Systems Network Transfer January 21, 2008 San Jose, Costa Rica - Dynamic Gaming Systems (DGS) announced today that an agreement for the transfer of their network has been reached with Cintaly Holding Corporation (CHC). CHC, based out of the British Virgin Islands, anticipates having the DGS network in full operation within 72 hours of the transaction being completed. Executives of CHC stated they were excited by the opportunity to take over one of the finest poker software networks online today. Although the details of the transaction were not made public, it is our understanding CHC intends to honour all verified existing Player Balances and Licensee Agreements. CHC acknowledged the news reports that indicated that some of DGS’s Licensees may have already transitioned their player onto other networks. Although disappointed that they had left, this deal is a win-win for all current and future licensees, and players. CHC strongly emphasized that their prime objective was to get all remaining Players, Licensees back operational as fast as possible. http://www.dynamicgamingsystems.com/?sec=press-releases

[rednutt]

Re: Dynamic Gaming Systems in Trouble? Who is CHC?

[dobbin]

Re: Dynamic Gaming Systems in Trouble? The only info I have found about CHC http://cintaly.com/about.html

[rednutt]

Re: Dynamic Gaming Systems in Trouble? yeah i found that also. Im worried i may never get my money now. Thanks dobbin

[rednutt]

Re: Dynamic Gaming Systems in Trouble? Seems like Jungle are starting to get up and running again. Cashouts have restrictions and seems they wont go through till tuesday.

Cashout Methods What are the restrictions on withdrawing funds from Jungle Poker? The minimum withdrawal from Jungle Poker is $50 USD (Bank Wire $500 USD) and you must have made an initial deposit in order to request a withdrawal. Withdrawal requests cannot be made until at least 7 days have passed since your last deposit was made. Please note that if you are making a withdrawal during or within 24 hours prior to the beginning of a promotion you will not receive a bonus for funds that are re-deposited during that promotional period. What are the fees associated with withdrawing funds from Jungle Poker? The withdrawal fees will be deducted from your poker account balance, not from the withdrawal amount. This applies to checks, bank wires and Cash Refund payouts. Please note you must have sufficient balance to cover withdrawal fees. PLEASE NOTE: ALL DEPOSITS MADE PRIOR TO JANUARY 21, 2008 AND ALL WINNINGS FROM THOSE DEPOSITS MADE PRIOR TO JANUARY 21, 2008 THE FOLLOWING RULES AND CONDITIONS WILL APPLY. ALL WITHDRAWLS MADE FROM WINNINGS FROM DEPOSITS MADE PRIOR TO JANUARY 21, 2008 IS CONDSIDERED RESTRICTED MONEY AND SUBJECT TO JUNGLE POKER’S REAL MONEY RULES AND REGUALATIONS. ALL WITHDRAWALS MADE WITHOUT INITIAL OPENING ACCOUNT DEPOSIT WILL NOT BE VALID AND NOT HONORED BY NEW OWNERSHIP. ALL WITHDRAWALS MADE WITHOUT INITIAL DEPOSIT MADE VIA A FINANIAL INSTUTION WILL NOT BE VALID AND NOT HONORED BY NEW OWNERSHIP. ALL WITHDRAWALS MADE FROM INITIAL DEPOSIT MADE THROUGH THIRD PERSON, PLAYER TO PLAYER TRANSFER, AND ACCOUNT-TO-ACCOUNT TRANSFER WILL NOT BE VALID AND NOT HONORED BY NEW OWNERSHIP. The minimum withdrawal from Jungle Poker is $50USD and you must have made an initial deposit in order to request a withdrawal. The maximum withdrawal is 10% of your available player balance with a maximum withdrawal limit of $500 USD Per Month. Withdrawal requests cannot be made until at least 15 business days have passed since your last withdrawal was made. All withdrawals will be processed via check method only sent regular mail. For those requests equal to or greater than $50 USD, players are required to submit a valid form of identification along with proof of a physical billing address to certify your account. Certification must be in the form of valid photo identification (with address matching your account registration) a copy of the front and back of the credit card used on your account and a recent statement (listing your current address). Identification can be faxed to 1-888-834-1768 or scanned and emailed to [email protected]. For faster processing, please remember to include your Jungle Poker username and Player ID. All withdrawals made via regular mail cost $10 and Checks via Express Courier are $50. Checks sent via regular mail may take up to 20 –30 business days. The Bank Wire fee is $60. The fee for withdrawing funds using Cash Refund is $25 ANY FORM OF CHIP DUMPING/COLLUSION WILL FALL UNDER STANDARD POLICES Cheque Live support is available although they seem to know Jack **** It seems like i may be the only stupid git not to get my money out in time though :$