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Old 10-18-2007, 01:22 PM
HatesLosing HatesLosing is offline
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Join Date: Jun 2004
Posts: 153
Default About the GA Audit

From the following web site article:

http://www.gambling911.com/Absolute-Poker-101807.html

I have taken the following quote:

[ QUOTE ]

Auditing firm, Gaming Associates, confirmed to 4Flush that they are in communication with Absolute Poker regarding discussion of an audit relating to Absolute Poker. The audit is independent of Absolute Poker, and not paid for by Absolute.

Alan Pedley of Gaming Access said today “If we are commissioned to undertake any audit then it will be for and on behalf of the regulatory authority and we will invoice the regulatory authority accordingly. Gaming Associates will not receive any payment whatsoever from the auditee - this is a standard procedure practiced by our clients (regulatory authorities) worldwide.”


[/ QUOTE ]

In short, KGC is paying for this audit, so let's HOPE that they don't tell GA "Do a standard audit and we'll pay you $5k for it", but instead will say "Do whatever you need to do to get to the bottom of what happened here and we'll pay you whatever it costs"... unfortunately, I have a feeling the former, rather than the latter, will occur.