Here’s the scoop:
- Blanca Gaming, parent company of both Absolute Poker and UB, sent an email to shareholders indicating that it would be declaring bankruptcy (and filing for bankruptcy protection) in Norway.
- Most tellingly, a company spokesperson was quoted as saying that Blanca Gaming has “no cash on hand and no prospects for any cash flow for the foreseeable future…it is currently unable to make any payments toward its debt obligations …there will be no future payments”.
- 95% of company employees have been laid off
Bottom line – if you were employed by, are a spokesperson for, or ever played on either of these 2 online poker sites, you’re pretty much screwed.
About Robbie StrazynskiRobbie founded the Cardplayer Lifestyle poker blog in 2009.
Having quite literally learned how to play poker around the kitchen table as a child, "living a Cardplayer Lifestyle" is something that he's always aspired to.
After having worked as a copywriter and marketing professional in the online gaming industry for a number of years, Robbie has been self-employed in the poker media industry since March 2017.
Robbie is also the creator of the Poker Notes Live mobile app and the co-host of PokerNews' Top Pair Home Game Poker Podcast.
Connect with Robbie on Twitter @cardplayerlife, or via email: robbie@cardplayerlifestyle.com.
