The Poker in Venice (PIV) network has not been paying withdrawals requests for several months. I dont have the exact number, but we are talking about multiple hundreds of thousands of dollars.
The LGA (
http://www.lga.org.mt/lga/home.aspx), lotteries and gaming authority in Malta, which provided the license to allow PIV to run his operations is apparently doing nothing to help the players. None of the multiple emails that the players involved and I sent are being answered.
PIV recently admitted being in deep financial trouble and proposed a ridiculous solution to its players. Basically, they have to accept having their account balance transferred to an obscure site (play2b poker) where they will have to rake 75% of their balance before being able to cash it out
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