According to recent rumors, Absolute Poker along with Ultimate Bet had come to the verge of bankruptcy. The speculation and rumor moved around quickly and thus it was time for the Blanca Games, the operator for the website of Absolute Poker to put an end to all the wild speculation of the poker site being moving towards bankruptcy. The decision to revamp the poker site comes as a step to counteract the reported rumors. This bold step by Blanca Games will surely ensure that the rumors that had made its way up will surely subside eventually to pave the way for a better future for the poker website.

The rumors started due to the filing of bankruptcy by one of the debt holders of Blanca Games, Madeira Fjord. This particular debt holder of Blanca Games opted for filing bankruptcy when Blanca Games informed them that payment in lieu of the debts in the future was coming to a stop. This step from Blanca Games Inc started the rumors because the general conclusion was that if the debt holder were filing for bankruptcy then the online casino itself would be in deep waters. This was a misconception since Blanca Games Inc has announced that the bankruptcy filing of Fjord never reflects the economical condition of the online poker website.

Apart from the Madeira Fjord bankruptcy filing, one more incident made the rumors quite strong. This incident was the laying off 300 staff members of Blanca Games Inc. this layoff happened in the Costa Rica operations center of the organization, which literally confirmed the belief that Blanca Games indeed, was going through financial turmoil. However, this too was part of a business move of the organization and the recent ramp up of the Absolute Poker website and Ultimate Bet proves that there is no danger to the economical status of the popular online poker site.

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