Online casino and gaming site software developer,
Clock Media, has issued a dramatic press release, announcing the company has
pulled out of a deal with Mercury Sports NV and Full House Entertainment, and
further accusing the said companies of attempting to steal the source code from
Clock Media's software platform. Chief Executive Officer of Clock Media, Jorge
Mijares, said the deal made with Full House has only resulted in financial
losses, which Mijares says Mercury intentionally rigged in an attempt push,
which Mijares says Mercury intentionally rigged in an attempt to push
shareholders away and steal the software.
Source code for the online casino gaming software
was originally placed into an escrow account, but has since been frozen by Clock
Media when Mercury Sports did not honor their agreement with Clock Media to
market the software. Gaming Software source code is the most highly guarded
secret of the gaming industry's top online casino software providers, and holds
the key as to how the Random Number Generator produces produces winning hands
and divulges payouts.
Mijares says that a copyright for the software
source code has been in Clock Media's sole possession and ownership throughout
the course of the ongoing deal, and that attorney's representing Mijares are
currently reviewing legal actions that could be very well taken against Full
House and Mercury Sports NV in the very near future. What is most interesting
about this case however, is the association of a well known figure in the online
casino gaming industry - Brian Woods, who was until now, associated with the
Black Widow Casino, Grand Banks and Sterling House online casino networks. Not
surprisingly, all of these gaming sites have notorious reputations for slow
payouts and numerous player disputes.
Mijares also defended himself against what he calls
false claims and accusations made by Woods. Mijares regarded this as Woods' way
of trying to get on the good side of gaming authorities, which seems to be very
probable considering the seemingly too-coincidental, frequent occurrences in
which Woods has been associated with disputes and unethical gaming practices.
Although Mijares would not go into details about what he may charge in a court
of law, he did say that libel action is being considered against not only Brian
Woods, but on his sister, Shiovean Woods, as well, who serves as President of
Eban Commerce in Toronto.