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13 Feb 2018

Mercury Poker ‘acquired’ by Essel Group in possibly sham

Mercury Poker

Online gaming website Mercury Poker 🃏has been acquired by Essel Group’s poker website Pokernation, as per a statement on Mercury Po🍃ker’s website.

The statement on the website put out by Mercu🐓ry Poker CEO Pranav Bathija states that users of Mercury Poker will be redirected to the Pokernation website from 13th February, 2018 and the change w🎉ill be a ‘seamless transition’ for the existing customers of Mercury Poker.

mercurypoker.com

Online gaming website Mercury Poker has been acquir𒁃ed by Essel Group’s poker website Pokernation, as per a statement on Mercury Po🎀ker’s website.

The 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 e🍒x𒆙isting customers of Mercury Poker.

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Interestingly 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 ℱPvt. Ltd., the𒊎 company that runs Mercury Poker, as being part of the Essel Group. Mojo Games further stated that it was along with Baadshah Gaming.

Essel Group and Mercury Poker had at that time vehemently denied any connection with one another. However, Mercury Poker of the proposed Mojo Ga♔mes 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 its 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.

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