iNinja Poker Tour Has Ceased Operations
6 years ago02 Aug
The beleaguered iNinja Poker Tour, which was at the centre of claims by its team pros that it was being run as Ponzi scheme, has finally closed its doors, according to founder Isaac âRunGoodâ Tucker.
His tweets of a few days ago seem to spell the end of the road for the Minnesota-based tour, which started in 2015 to âcater to recreational playersâ, and specializing in âaffordable buy-in, massive field tournaments'.
The tour exploded into controversy in November last year, when a joint statement by three iNinja Team pros - Aaron Johnson, Kou Vang and Vlad Revniaga -accused Tucker of âtreating iNinja/company funds like his own piggy bankâ and ârepeated egregious breaches of contracts/agreementsâ among other problems. They also included a detailed blow-by-blow account â including SMS and e-mail exchanges â of Tuckerâs âhistory of excuse-making and fabricating stories.â
The serious misgivings by his own team members, with claims that many loans and debts were outstanding, led Tucker to publicly apologize for his mismanagement of the company and for his handling of the serious problems.
The tour was then restructured, one of the players owed a considerable amount of money, Alan Carty, taking over the management side of things and saying of Tucker that he âlacked some of the business skills required to run the finances of iNinja Poker,â but is an âasset to the brand because of his vision, passion and willingness to put in endless hours in pursuit of growing the business.â
It would appear, however, that the plans Carty promised to put into place have not succeeded, his statement last year saying:
ââŚwith this restructuring of the company, iNinja Poker is fully capable of continuing in business without any further negative impact on anyone in the poker community. Under our guidance, the iNinja Poker brand should be able to continue giving the poker community access to affordable, well-structured poker events for many years to come.â
The iNinja website is no longer active and it is unclear when exactly the final tour event took place, although the Hendon Mob website has it listed as the $265 Main event at Harrah's Horseshoe Council Bluffs, Council Bluffs â the week after the initial âscammingâ news about Tucker appeared.
With Carty yet to comment publicly on the news of the tourâs demise, it is unclear what exactly has gone wrong with the planned âre-structuringâ, Flushdraw.net commenting that as recently as last month âTucker was back on the promotional bandwagonâ, promising among other things âan all new iNPT relaunch coming soonâ â which sadly for players who enjoyed the tour seems not to be the case.
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