SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Starnet (SNMM)Online gaming, sexsites, lottery, Sportsbook -- Ignore unavailable to you. Want to Upgrade?


To: bob lange who wrote (3804)7/27/1999 1:13:00 PM
From: Gator  Read Replies (4) | Respond to of 8858
 
Frightened longs: more on LasVegasCasino.com...

By: WSK944
Reply To: None Friday, 23 Jul 1999 at 8:18 PM EDT
Post # 71295 of 71500

E-mail from Softec.... Got this this afternoon (yeah...go get that $200,000!) - "To all Las Vegas Customers, This letter is to inform you that a Mr. Claude Levy, one of our licensees, who represents approximately 70 front end casinos on the Internet, has been in breach of contract and we have decided to take action. There is over $200,000 USD owed to Softec Systems International, and another $100,000 USD in outstanding withdrawals and virtual chip/e-cash balance in his customers' accounts that he refuses to pay. Despite continual efforts on our part to rectify the situation and convince Mr. Levy to credit these accounts, no resolution has been reached. We are concerned that his actions will infringe upon the reputation of the online gaming community, not only to his customers but also the industry, and as such we will be taking action and shutting his operation down within the next 48 hours. This is not the first time a software provider has encountered this type of situation with Mr. Levy.

As mentioned in the RGTonline article titled “Who' s on First”
(http://www.rgtonline.com/newspage/artlisting.cfm/2773), Handa Lopez, Inc. (HLI) experienced these same issues with Mr. Levy in October of last year. If you have any questions or concerns regarding any funds you have on deposit with this casino, please contact Las Vegas Casino directly at 1-888-228-5333 or 604-638-3400. You may also contact them via email at support@lasvegascasino.com Warmest Regards, Softec Systems International."

>>

The above from Buy_and_Hold at RB...

Later...Gator