Author Topic: DGS press release  (Read 1859 times)

Bucnright

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DGS press release
« on: January 22, 2008, 12:12:15 PM »
For Release: San Jose, Costa Rica January 21, 2008

Dynamic Gaming Systems Network Transfer
January 21, 2008


San Jose, Costa Rica - Dynamic Gaming Systems (DGS) announced today that an agreement for the transfer of their network has been reached with Cintaly Holding Corporation (CHC).

CHC, based out of the British Virgin Islands, anticipates having the DGS network in full operation within 72 hours of the transaction being completed. Executives of CHC stated they were excited by the opportunity to take over one of the finest poker software networks online today. Although the details of the transaction were not made public, it is our understanding CHC intends to honor all verified existing Player Balances and Licensee Agreements.

CHC acknowledged the news reports that indicated that some of DGS’s Licensees may have already transitioned their player onto other networks. Although disappointed that they had left, this deal is a win-win for all current and future licensees, and players. CHC strongly emphasized that their prime objective was to get all remaining Players, Licensees back operational as fast as possible.

For further information please contact protect@protectpal.com

http://www.dynamicgamingsystems.com/?sec=press-releases

I did contact CHC and this is confrimed. I do not know what will happen to the players funds that were reported as Player to players transfer or withdraws that never reached the players but were listed in the cashier as being completed. As I find out more info I will keep you updated.
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Cini

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DGS press release
« Reply #1 on: January 22, 2008, 05:27:10 PM »
Thats great! I hope the new owners run it better.

Bucnright

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DGS press release
« Reply #2 on: January 23, 2008, 06:49:43 AM »
Now this info is not confirmed. There was a player playing on DGS that said all withdraws that had not been processed with be reversed. The deposit/withdraw options will be only a few to start then more options will be add later.
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Bucnright

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DGS press release
« Reply #3 on: February 04, 2008, 12:55:28 PM »
As has been recently reported, CHC reached an agreement with DGS to acquire the DGS Poker Network along with Jungle Poker. This transaction occurred in a very short period of time, and while our dedicated team at CHC has been working diligently to ensure a smooth transition, Please be patient while we complete our proper due diligence to bring the network back online to an acceptable operating level.

It is our intension to maintain the Jungle Poker Name as we believe the product, the platform and the brand are solid. We are confident that given the opportunity, we will be able to earn back the loyalty and trust you once held for the previous owners.

Presently our technical team is focused on reassuring the existing network is stable and secure. They want to ensure the network is coming back, stronger and bigger then ever. Finally, our accounting team is working to secure access to all necessary data to reconfirm deposits, withdrawals and balances.

We look forward to being able to provide a secure and safe network for all players, making the Jungle poker site the finest in the industry.

Sincerely,
Jungle Poker Management
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Bucnright

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DGS press release
« Reply #4 on: February 10, 2008, 07:50:46 PM »
New rules for DGS

Cashout Methods
 
What are the restrictions on withdrawing funds from Jungle Poker?

   

The minimum withdrawal from Jungle Poker is $50 USD (Bank Wire $500 USD) and you must have made an initial deposit in order to request a withdrawal.

 

Withdrawal requests cannot be made until at least 7 days have passed since your last deposit was made.

 

Please note that if you are making a withdrawal during or within 24 hours prior to the beginning of a promotion you will not receive a bonus for funds that are re-deposited during that promotional period.

 

What are the fees associated with withdrawing funds from Jungle Poker?

 

The withdrawal fees will be deducted from your poker account balance, not from the withdrawal amount. This applies to checks, bank wires and Cash Refund payouts. Please note you must have sufficient balance to cover withdrawal fees.

 

PLEASE NOTE:

 

ALL DEPOSITS MADE PRIOR TO JANUARY 21, 2008 AND ALL WINNINGS FROM THOSE DEPOSITS MADE PRIOR TO JANUARY 21, 2008 THE FOLLOWING RULES AND CONDITIONS WILL APPLY.

 

ALL WITHDRAWLS MADE FROM WINNINGS FROM DEPOSITS MADE PRIOR TO JANUARY 21, 2008 IS CONDSIDERED RESTRICTED MONEY AND SUBJECT TO JUNGLE POKER’S REAL MONEY RULES AND REGUALATIONS.

 

ALL WITHDRAWALS MADE WITHOUT INITIAL OPENING ACCOUNT DEPOSIT WILL NOT BE VALID AND NOT HONORED BY NEW OWNERSHIP.

 

ALL WITHDRAWALS MADE WITHOUT INITIAL DEPOSIT MADE VIA A FINANIAL INSTUTION WILL NOT BE VALID AND NOT HONORED BY NEW OWNERSHIP.

 

ALL WITHDRAWALS MADE FROM INITIAL DEPOSIT MADE THROUGH THIRD PERSON, PLAYER TO PLAYER TRANSFER, AND ACCOUNT-TO-ACCOUNT TRANSFER WILL NOT BE VALID AND NOT HONORED BY NEW OWNERSHIP.

 

The minimum withdrawal from Jungle Poker is $50USD and you must have made an initial deposit in order to request a withdrawal.

 

The maximum withdrawal is 10% of your available player balance with a maximum withdrawal limit of $500 USD Per Month.

 

Withdrawal requests cannot be made until at least 15 business days have passed since your last withdrawal was made.

 

All withdrawals will be processed via check method only sent regular mail.

 

For those requests equal to or greater than $50 USD, players are required to submit a valid form of identification along with proof of a physical billing address to certify your account.

 

Certification must be in the form of valid photo identification (with address matching your account registration) a copy of the front and back of the credit card used on your account and a recent statement (listing your current address). Identification can be faxed to 1-888-834-1768 or scanned and emailed to cashier@junglepoker.com. For faster processing, please remember to include your Jungle Poker username and Player ID.

 

 

All withdrawals made via regular mail cost $10 and Checks via Express Courier are $50. Checks sent via regular mail may take up to 20 –30 business days. The Bank Wire fee is $60. The fee for withdrawing funds using Cash Refund is $25

 

ANY FORM OF CHIP DUMPING/COLLUSION WILL FALL UNDER STANDARD POLICES
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Tomturkey46

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DGS press release
« Reply #5 on: February 11, 2008, 11:35:40 AM »
Let me get this straight.

The Minimum to withdraw is $50 BUT the maximum you can withdraw is 10% of your avaible balanceat Jungle Poker.

This means you MUST have a balance of $500 to withdraw $50 and to withdraw $500, you MUST have $5000.

Please correct me if I am wrong BUT this does sound a little strict.

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witchywitchy

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DGS press release
« Reply #6 on: February 11, 2008, 06:50:05 PM »
I've reread it couple of times too Tom  8O
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donfromtexas

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DGS press release
« Reply #7 on: February 12, 2008, 03:17:07 PM »
The minimum withdrawal from Jungle Poker is $50USD and you must have made an initial deposit in order to request a withdrawal.

The maximum withdrawal is 10% of your available player balance with a maximum withdrawal limit of $500 USD Per Month.



Okay, what this say is....... ?????????????????

I believe what they are trying to say is you can withdraw up to $500 a day. If you have less than that you should be good, but if you have more than $5000 then you are restricted to $500 per day.

Now that is just an uneducated guess, but it makes sense to me :)

betty6263

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DGS press release
« Reply #8 on: February 12, 2008, 10:50:24 PM »
Isn't it $500 a month don, not a day?
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witchywitchy

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DGS press release
« Reply #9 on: February 12, 2008, 10:52:24 PM »
Quote from: "donfromtexas"
The minimum withdrawal from Jungle Poker is $50USD and you must have made an initial deposit in order to request a withdrawal.

The maximum withdrawal is 10% of your available player balance with a maximum withdrawal limit of $500 USD Per Month.



Okay, what this say is....... ?????????????????

I believe what they are trying to say is you can withdraw up to $500 a day. If you have less than that you should be good, but if you have more than $5000 then you are restricted to $500 per day.

Now that is just an uneducated guess, but it makes sense to me :)


Except it says maximum of $500 per month.. not per day :(
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