PokerGO Co-owner Cary Katz Sues Own Company for $20 Million

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Cary Steven Katz, an American billionaire and high-stakes poker player who has almost $14 million in live tournament earnings, has slapped a $20 million lawsuit against his own company, in a move to obviously avoid paying a debt that he owes, and in the process he's putting at risk the future of PokerGO, a subscription TV channel. Two weeks ago, on April 20, the 48-year-old Las Vegas tycoon filed a legal action against Conservative Review TV (CRTV), a company in which he is co-owner. CRTV owns

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For example, some of the more popular United States poker sites such as Lock Poker was, are for all intents and functions were a little too carefully associated with the betting commission that managed them; a major dispute of interest. Take another example, the when Absolute Poker and Ultimate Bet. Each of these business were owned by Tokwiro Enterprises, which is a personal business solely owned by Joseph Tokwiro Norton and locateded in Kahnawake Mohawk Territory. This area is a little (48.05 square kilometers) sovereign Indian appointment on the south coast of the St. Lawrence River in Quebec with a population of about 8,000. The gaming commission which regulated these 2 sites was likewise in the Kahnawake Mohawk Area and called the Kahnawake Gaming Commission (ehh, exactly what?).

from Safest Online Poker Real Money http://www.bankrollmob.com/poker-news/201857/pokergo-co-owner-cary-katz-sues-own-company-20-million/rss
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