Lock Poker News

May 7, 2013 by b78ny

After a historic week in the US, we begin to see headlines about players not being paid out at Lock Poker. There has been a lot of speculation that the company is having a financial hardship. Moreover, the top USA online pokersites are full of players looking for help to cash out.

American Poker Directory has heard the news that Lock Poker has sold bonds in the past, and currently they are not yielding their investors any return. This adds to the pressure on the company to pay their players, they have to think about staying in business to play their bondholders.

Top USA Online Pokersites News

This could not have come at a worse time, the recent changes in state licensing and regulating online poker makes Lock’s Poker’s challenge more difficult. The more players Ultimate Poker signs up, the more market share they take away from other pokersites, at least players in Nevada.

This isn’t the first online Pokersite that has had fiduciary problems, we have heard over the past years about companies such as AdamandEve Poker, Cake Poker, and Juicy States. This may make players outside of the United States more reluctant to play at USA based online casinos.

Henceforth, in today’s struggling economy the more money pokersites like Ultimate Poker takes in, the more it contributes to the US economy. Online Gambling is a controversial matter, and each state has its own views. The facts are we are waiting for the start of Pokersites in Delaware and New Jersey now. And the more states that license and regulate online gambling the easier it will be for other states to accept, license, and regulate. This is a big point one of our readers emailed to us.