Posts Tagged ‘Hall of Fame World Poker Championship LLC’

Sports Legends Challenge Shuts Doors after Venetian Lawsuit

Unofficially canceled-canceled, not “postponed”

by , Oct 5, 2009 | 1:12 pm

PokerNews probably woulda prefered their name were never attached to this event.

The Venetian sued the parent company of the Sports Legends Challenge last week in Clark County Court, claiming the operation skipped out on a contract to the tune of $174k.

And now, according to at least one disgruntled former employee and phones no longer being answered, the operation full-on shut down today.

We can only imagine, that this is just the beginning of the fallout, actually.

Think about it … you’ve got two lawsuits regarding the set-up of the event … and we haven’t even gotten to the Bahamas yet!

Whether or not there was any fraud-like criminal activity in this multimillion-dollar-semi-bluff-gone-awry remains to be seen. Two lawsuits aside, potential additions to the got-screwed list include:

— Player who bought in
— Investors
— Charities hosting casino events promising SLC seats as prizes
— Players who won those seats
— Players who chopped and paid cash for the extra portion of those seats
— Poker pros who fronted their own travel costs

Anyone else?

More…