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7 Jul 2017

Has Raj Kundra abandoned another one of his business ventures? Future of Match Indian Poker League uncertain, no announcement on teams and dates

Raj Kundra

On 1st June, 2017, Raj Kundra-promoted Viaan Industries Ltd and Switzerland headquartered not-for-profit,🏅 the International Federation of Poker (IFP), called 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 a🎶fter the public announcement by Kundra and IFP President Patrick Nally; there has been stony si🌞lence 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 strucℱture and team owners in a few days and that the league would be h🥂eld in September, no further details have been forthcoming.

One suspects that MIPL announced by Kundra is a non-starter from its conception. This suspicion is further strengthen𒀰ed by the fact that Kundra has a history of making false announcements or sh👍utting down businesses soon after starting them.

In September 2016, Kundra , stockrace.in, which was closed in a few days after ▨SEBI and law enforcement agencies raised question marks about its legality.

Later, Kundra also , celebritygames.in, which falsely cla🌄imed that it had endorsements from celebrities like Shane Warne, Harman Baweja, Shahid Kapoor, Minissha Lamba, Rohan Gavaskar and others.

Celebritygames was shut down soon after this misrepresentation came to light, although Kundra tried to defend the decision to wind up th꧟e business claiming that it was due to demonetisation.

Recently, for non-payment of dues to their vendors. The High Court to Kund꧑raꦑ and Shetty, although legal proceedings 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 commꩲittee on cricket matches and consequently a lifetime ban from participating in any kind of cricketing activity has been imposed on him.

Given these facts, one cann🌌ot help but ask whether MIPL is a non-starter and whether the newly announced poker league has any future?

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