Russ Hamilton Implicated In UB Scandal Investigation.
September 30, 2008
Just a few weeks ago, former WSOP Main Event champion Russ Hamilton went on PokerRoad Radio and officially denied any involvement that he was ever a suspect in the ongoing UB scandal investigation being headed by the Kannawake Gaming Commission and Catania Gaming Consultants.
Flash-forward to now.
According to a press release that went out today by the KGC, its findings showed without a doubt that Hamilton not only lied about his subsequent involvement, but also covered up the fact he was one of the main conspirators behind the now BLOWN-WIDE-OPEN Ultimate Bet/Absolute Poker Superuser account controversy.
This story, which was first reported by iGaming News, shines the light on the darker side of poker, as Russ Hamilton and several other high-profile people have now been officially named as the main contributors behind the stealing of millions of dollars from online poker players. Hamilton, who was involved with the affiliate program of Ultimate Bet whey first launched a few years ago, has not been able to be reached for comment on this continually ongoing saga.
From the press release that was issued earlier, all we know of right now is that only $6.1 million has been refunded back to the players thus far, although that amount could escalate to a much higher figure as the days progress, and that UB was ordered to pay a $1.5 million fine and adhere to strict guidelines by the KGC or face losing their license. There is no word on how this case might play out as far as a trial is concerned, but you can be sure that Russ will be nowhere to be seen over the next few weeks, considering he has a lot of explaining to do to the authorities once they get their official report together.
This situation can’t get any worse for Ultimate Bet, who has yet to complete their merger with the Cereus Network, and who face even more public scrutiny when a CBS 60 Minutes piece airs on national television within the coming months.
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