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BankrollMob Forum » Poker Forum » LiveAce Closes After Only Four Months

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  3-Jan-14, 16:11   #1
LiveAce Closes After Only Four Months 0 
av1966 
Joined: Mar '09
Location: Portugal
Age: 50 (M)
Posts: 1500
Players can redeem money in their accounts until March 201
LiveAce has posted a notice announcing that the site has suspended operations. LiveAce launched in August using a subscription based model that allowed it to offer online poker to US residents.
LiveAce has posted a notice on its homepage announcing that the site has suspended operations.


     
  3-Jan-14, 16:44   #2
  0 
shokaku 

Joined: May '08
Location: Germany
Age: 51 (M)
Posts: 6233
That news is not that new anymore. Blink

Another "creative" approach to circumvent the legislation in the US of A regarding online games hasn't worked out that well. Does anyone here remember Duplicate Poker? Their spin was different from that of LiveAce, but the result was the same.

     
  3-Jan-14, 19:05   #3
  0 
Macubaas 
Joined: Apr '11
Location: Romania
Age: 27 (M)
Posts: 6668
Until the online gambling law in US won't be firm i think all sites that launched for US players will have the same outcome...

It's really hard for a site that is a business to make any predictions and a business plan if they do not operate in a clearly reglemented market Sad

Maybe this year they'll have a online gambling law.

     
  3-Jan-14, 19:52   #4
  0 
DaCapo71 
Joined: Aug '10
Location: Germany
Age: 45 (M)
Posts: 1712
That´s hard, closed after 4 month´ is not good news for us players. The law there verry strictly for online poker, but i read in a other thread a few days ago, that a senator plays online poker. Perhaps he is the right president for this pokerroom Big Smile

     
  4-Jan-14, 12:38   #5
  0 
doubletop777 
Joined: Mar '11
Location: United Kingdom
Age: 47 (M)
Posts: 5547
This is really disturbing to see that they have closed after only three or four months. I hope that their members get all their money back and not just a percentage of it like happens on so many other sites that have closed down. Good luck to all these people

     
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