Has Raj Kundra abandoned another one of his business ventures? Future of Match Indian Poker League uncertain, no announcement on teams and dates
On 1st June, 2017, Raj Kundra-promoted Viaan Industries Ltd and Switzerland headquartered not-for-profit, the International Federation of Poker (IFP), calle🃏d the ‘Match Indian Poker League’ (MIPL). The move was touted by IFP as a transformational step in the development of poker in India.
However, more than a month after t𓆏he public announcement by Ku🐽ndra and IFP President Patrick Nally; there has been stony silence on the structure of the league, the teams that would be participating, the venue of the event, prizes and other such details.
Although Kundra announced in June that he would be announcing the league structure and team owners in a few days and that the league would෴ be held in September, no further details have been forth🍷coming.
One suspects that MIPL announced by Kundra is a non-starter from 🌳its conception. This suspicion is further strengthened by the fact that Kundra has a history of making false 🥂announcements or shutting down businesses soon after starting them.
In September 2016, Kundra , stockrace.in,🥀 which was closed in a few days ൲after SEBI and law enforcement agencies raised question marks about its legality.
Later, Kundra also , celebritygames.in, which falsely claimed that it had endorsements from celebrities like Shane Warne, Harman Baweja, Shahid Kapoor, Minissha Lamba,📖 Roh🎃an Gavaskar and others.
Celebritygames was shut down soon after this misrepresentat🌳ion came to light, although Kundra tried to defend the decision to wind up the business claiming that it✱ was due to demonetisation.
Recently, for non-payment of dues to their vendors. The High Court to Kundra and Shetty, although legal proceedingsꦉ against them have not been quashed.
Kundra is notoriously famous for being involved in the IPL spot-fixing and betting scandal. In 2015, a Supreme Court appointed committee on cricket matches and conse🥀quently a lifetime ban from participating in any kind of cricketing activity has been imposed on him.
Given these facts, one cannot help but ask whethe💙r MIPL is a non-starter and whether the newly announced poker league has any future?
