By Kevin Felix | May 29, 2008

UltimateBet has released a statement confirming recent suspicions that multiple super-users did in fact defraud high-stakes UB players over the past 18 months.

In what is sure to come as a blow to the Canadian based poker giant, parent company Tokwiro Enterprise ENRG has released the findings reached through its extensive and voluntary cooperation with the Kahnawake Gaming Commission on Thursday May 29 at approximately 2:00 PM EST.

It appears as if a software glitch present in UltimateBet prior to its October 2006 purchase by Tokwiro enabled certain accounts to see other players’ hole cards. While the identities of the players involved have not been released, it is noted in the release that the perpetrators “were found to have worked for the previous ownership of UltimateBet prior to the sale of the business to Tokwiro.”

Absolute Poker, UltimateBet’s sister company, also experienced a super-user scandal of its own in the past six months. The “potripper” scandal – as it has come to be known – was found to connect all the way back to Scott Tom, partial owner of Absolute Poker.

In addition to repairing the software malfunctions and installing a radically superior security system, UltimateBet is also refunding the defrauded high-stakes players any and all moneys gained illegitimately by the super-users.

In addition to a discursive timeline and a “corrective actions taken” section, UltimateBet has included the following in its release:

We would like to thank our customers for their patience, loyalty and support, as well as for their understanding that we are doing everything we can to correct this situation. The staff and management of UltimateBet are fully committed to providing a safe and secure environment for our players, and we want to assure customers of our unwavering resolve to monitor site security with every resource at our disposal.

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