Mercury Poker ‘acquired’ by Essel Group in possibly sham
Online gaming webs꧟ite Mercury Poker has been acquired by Essel Group’s poker website Pokernation, as per a statement on Mercury Poker’s website.
The stat🧔ement on the website put out by Mercury Poker CEO Pranav Bathija states that u♛sers of Mercury Poker will be redirected to the Pokernation website from 13th February, 2018 and the change will be a ‘seamless transition’ for the existing customers of Mercury Poker.
Online gaming wꦑebsite Mercury Poker has been acquired by Essel Group’s poker website Pokernation, as per a statement on Mercury Poker’s website.
Thℱe statement on the website put out 🔯by Mercury Poker CEO Pranav Bathija states that users of Mercury Poker will be redirected to the Pokernation website from 13th February, 2018 and the change will be a ‘seamless transition’ for the existing customers of Mercury Poker.
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Interes🌊tingly however, Mercury Poker has always been closely connected with Essel Group and Pokernation’s parent company, Fortuity Gaming Solutions Pvt. Ltd., with both companies having the same registered address and having being incorporated on the same date with the same set of initial directors/promoters, i.e. Sachin Pawa and Gurpreet Singh Bakshi.
A issued by Canada-based Mojo Games Inc in February 2017 (which interestingly also has Sachin Pawa on its board of directors) identified Mercury Gaming Solutions Pvt. Ltd., the company that runs𓃲 Mercury Poker, as being part of the Essel Group. Mojo Games further stated that it was along with Baadshah Gamin𒊎g.
Essel Group and Mercury Po🐷ker had at that time vehemently denied any connection with one another. However, Mercury Po🦂ker of the proposed Mojo Games poker network and joined Microgaming’s (IPN), of which Pokernation is also a part.
Since Mercury Poker has always being linked to Essel Group from i✱ts inception, the so-called ‘acquisition’ raises eyebrows and could possibly be termed as a ‘benami’ or a sham transaction. Mercury Poker has not revealed any details about the contours of its acquisition by Pokernation.
