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5050 Poker headed for liquidation; player funds at risk

25th June 2012 10:21 am GMT

Shares in Sweden’s 5050 Poker fell by more than 37 per cent last week on the Nasdaq OMX market amid an escalating war of words between the company and platform provider Microgaming, with 5050 Poker’s management suggesting that the company may be headed for liquidation.

Microgaming announced on June 15th that it had suspended 5050 Poker from the Microgaming poker network for a material breach of its contract, adding that game play would be restored once [...]

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