News Article: Eugene Melnyk lawsuits:too many to count...

[Nac Mac Feegle]

This team was supposed to be moving on... first Wolanin... now this **** show.

This is a real bad story unfolding.

I just upgraded my seat belt to a racing harness. (not to be mixed up with harness racing)

5 -point belt required from here on in.

B U C K L E - U P

Please save the team Gary B

What do you mean? This gambling thing doesn't feel all that big.

Just Eugene being Eugene.


....unless I'm missing something here.

 

[AchtzehnBaby]

What do you mean? This gambling thing doesn't feel all that big.

Just Eugene being Eugene.


....unless I'm missing something here.

You gotta know when to hold'em... know when to fold'em...

 

[Nac Mac Feegle]

You gotta know when to hold'em... know when to fold'em...

Well if I knew that, I wouldn't be slavin' for a livin'.

 

[2CHAINZ]

Well if I knew that, I wouldn't be slavin' for a livin'.

As someone who has played poker for a living for a long time I can assure you that you need to know more than when to Holden and when to fold em. Also it is it's own slavin for a living unless you bink a huge tournament or are invited into non stop private games with whales.

Just to stay on topic f*** Melnyk.

 

[Nac Mac Feegle]

As someone who has played poker for a living for a long time I can assure you that you need to know more than when to Holden and when to fold em. Also it is it's own slavin for a living unless you bink a huge tournament or are invited into non stop private games with whales.

Just to stay on topic **** Melnyk.

My hat is off to you. No way I'd have the intestinal fortitude to gamble for an income.

 

[2CHAINZ]

My hat is off to you. No way I'd have the intestinal fortitude to gamble for an income.

Life is a gamble and you should always bet on yourself

But gambling for a living isn't like you think it is it is a lot like investing. You push equity edges as often as you can for as much as you can.

 

[Sen sational]

Too much to speculate on here. Casinos routinely have collection issues, they attempt to work with big spenders, to keep them coming back. The casino would wait until either they believed they weren’t going to get paid without a court order or there is a limitation period which would expire. In Ontario you have to start a court action within 2 years or lose the right to sue.

To get a draft, you must have the funds in an account. The issuing bank removes the funds from the account at the same time the draft is issued. Banks can refuse to honour drafts for a number of reasons, such as alterations, the payor advising of an irregularity (account holder did not authorize the draft), a cheque or transfer into the account the money is from is dishonoured after the bank issues the draft, etc. In some jurisdictions legislation prevents banks from making payments if the payment is for something that is contrary to that countries laws, ie. gambling, or paying for a criminal act. All just speculation in this case.

 

[Sens of Anarchy]

Too much to speculate on here. Casinos routinely have collection issues, they attempt to work with big spenders, to keep them coming back. The casino would wait until either they believed they weren’t going to get paid without a court order or there is a limitation period which would expire. In Ontario you have to start a court action within 2 years or lose the right to sue.

To get a draft, you must have the funds in an account. The issuing bank removes the funds from the account at the same time the draft is issued. Banks can refuse to honour drafts for a number of reasons, such as alterations, the payor advising of an irregularity (account holder did not authorize the draft), a cheque or transfer into the account the money is from is dishonoured after the bank issues the draft, etc. In some jurisdictions legislation prevents banks from making payments if the payment is for something that is contrary to that countries laws, ie. gambling, or paying for a criminal act. All just speculation in this case.

illegal gambling?

 

[AchtzehnBaby]

Too much to speculate on here. Casinos routinely have collection issues, they attempt to work with big spenders, to keep them coming back. The casino would wait until either they believed they weren’t going to get paid without a court order or there is a limitation period which would expire. In Ontario you have to start a court action within 2 years or lose the right to sue.

To get a draft, you must have the funds in an account. The issuing bank removes the funds from the account at the same time the draft is issued. Banks can refuse to honour drafts for a number of reasons, such as alterations, the payor advising of an irregularity (account holder did not authorize the draft), a cheque or transfer into the account the money is from is dishonoured after the bank issues the draft, etc. In some jurisdictions legislation prevents banks from making payments if the payment is for something that is contrary to that countries laws, ie. gambling, or paying for a criminal act. All just speculation in this case.

Yeah, there is a reason that none of the media here is covering the story.

 

[Nac Mac Feegle]

Only thing I can think of, is the draft was from the ex-wife's account, or something still up in the air with the whole divorce thing. Or someone else had some prior claim to the money in that account. Not sure how it all works with drafts though.

 

[Peptic Balcers]

Yeah, there is a reason that none of the media here is covering the story.

sounds spicy

 

[Sen sational]

illegal gambling?

Yes, in some jurisdictions gambling is illegal, depends on where the bank was drawn on is. Just like offshore internet gambling in the US. I think it was Bodog, but could be another where the US was pursuing the owner criminally.

 

[CornerStone61]

How did his bank draft not go through? I thought we were supposed to be loaded with draft picks.

News will come out that we're trading them a second round pick to pay the million dollars

 

[2CHAINZ]

Yes, in some jurisdictions gambling is illegal, depends on where the bank was drawn on is. Just like offshore internet gambling in the US. I think it was Bodog, but could be another where the US was pursuing the owner criminally.

The us went after bodog they even shutdown pokerstars at one point but that was because they were committing wire fraud. Processing us transactions using credit cards but on your bill it would say golf balls and not the poker site.

 

[pzeeman]

There must be something more here than "lulz, Gene gambles and doesn't pay up!"

I think it's telling that in the past two and a half years he hasn't just paid the casino if it was a simple misunderstanding. He hasn't dealt with this yet. What's the reason beyond "he broke"?

 

[2CHAINZ]

There must be something more here than "lulz, Gene gambles and doesn't pay up!"

I think it's telling that in the past two and a half years he hasn't just paid the casino if it was a simple misunderstanding. He hasn't dealt with this yet. What's the reason beyond "he broke"?

Why do broke people not pay their debts?

 

[Sen sational]

The us went after bodog they even shutdown pokerstars at one point but that was because they were committing wire fraud. Processing us transactions using credit cards but on your bill it would say golf balls and not the poker site.

Yes, they used “golf balls” because offshore payment for gambling was illegal, wasn’t just so the wife didn’t know how much you lost. All part of US cracking down on terrorism and proceeds of crime as it is hard to track, nice bonus for gambling in the US as well, keeps the money on shore.

 

[Sen sational]

There must be something more here than "lulz, Gene gambles and doesn't pay up!"

I think it's telling that in the past two and a half years he hasn't just paid the casino if it was a simple misunderstanding. He hasn't dealt with this yet. What's the reason beyond "he broke"?

Maybe stringing it out in the hope the casino would take less, or has a legitimate defence.

 

[Sens of Anarchy]

Yes, in some jurisdictions gambling is illegal, depends on where the bank was drawn on is. Just like offshore internet gambling in the US. I think it was Bodog, but could be another where the US was pursuing the owner criminally.

Perhaps I am being naive, but my assumption is this occurred in Connecticut, based on 2 things .. one the Mohegan corp or what ever it is, has a casino there and the paper reporting on it is located there. I also assume the gambling taking place was legal. A law suit has been filed from what we are told. There are all kinds of illegal gambling , where debts would not be honored by a court.

Also what is the reason no other news source is picking this up?
https://www.cbc.ca/news/canada/ottawa/eugene-melnyk-lawsuit-casino-1.5283885

 

[Sens of Anarchy]

Yeah, there is a reason that none of the media here is covering the story.

What would that be in your estimation?

 

[2CHAINZ]

Yes, they used “golf balls” because offshore payment for gambling was illegal, wasn’t just so the wife didn’t know how much you lost. All part of US cracking down on terrorism and proceeds of crime as it is hard to track, nice bonus for gambling in the US as well, keeps the money on shore.

Ya they snuck it into the port safety act. But clearly it has more to do with not being able to tax people more than it had to do with terrorism.

 

[FolignoQuantumLeap]

What would that be in your estimation?

Complicity

 

[pzeeman]

Why do broke people not pay their debts?

Well that's kind of what I'm saying. I don't think he's *that* broke that 1M would cause him to sweat.

Of course he doesn't seem to be rich enough, or willing to take enough risk, to own an NHL team in 2019.

 

[Sen sational]

Perhaps I am being naive, but my assumption is this occurred in Connecticut, based on 2 things .. one the Mohegan corp or what ever it is, has a casino there and the paper reporting on it is located there. I also assume the gambling taking place was legal. A law suit has been filed from what we are told. There are all kinds of illegal gambling , where debts would not be honored by a court.

Also what is the reason no other news source is picking this up?
https://www.cbc.ca/news/canada/ottawa/eugene-melnyk-lawsuit-casino-1.5283885

It is where the jurisdiction is for the issuing bank, not where the gambling took place. Hence the bodog example earlier

 

[Micklebot]

It is where the jurisdiction is for the issuing bank, not where the gambling took place. Hence the bodog example earlier

The article says a toronto bank i think.