The majority of people, when they think about gambling, immediately think of famous gamblers like as Phil Ivey, Doyle Brunson, and Phil Hellmuth. However, there are an equal number of men and women who labor behind the scenes and do not attract the attention of the general public in order to make the business run smoothly. These are the faces of the industry. Greg Pierson is one such person, despite the fact that serious gamblers may forever link his name with one of the most significant scandals in the annals of online poker history.
The First Few Years
Pierson was born in the year 1967 in the U.S. state of Oregon. After what may be described as a relatively unremarkable upbringing, he went on to get a bachelor’s degree in both economics and business administration from Oregon State University, where he studied from 1985 through 1989. In addition to playing water polo and jazz band throughout his time at the university, he was also a member of the school’s jazz band.
After completing his education, Greg found employment with Accenture, where he eventually became the Global Retail Practice Manager and Business Process Architect for the company. As part of his responsibilities, he maintained tight relationships with a number of businesses, including Bridgestone/Firestone, Lands’ End, and Nordstrom.
Pierson describes himself as having evolved into a “computer geek” as a direct result of the expansion of the technology sector. It was in 1999 that he and Jon Karl established the firm that would later be known as ieLogic. He had a strong passion for technology and a strong desire to get in on the ground floor of an industry that was about to explode.
The initial objective of ieLogic was to provide software to the industry of online video games; but, as time went on, they expanded their offerings to include other types of services. During this time in his life, Pierson also tied the knot with Janelle Lynn, a high school instructor living in the Portland region.
The Origin and Development of UltimateBet
In the year 2000, Pierson and Karl were involved in the process of establishing eWorld Holdings as a legal entity under the jurisdiction of Antigua. Russ Hamilton, a previous champion of the World Series of Poker, was one of the many investors that took part in the venture, and he was one of the most prominent characters. This business endeavor was started with the intention of ultimately introducing a brand-new online poker site known as UltimateBet.com.
The next year, the company was officially founded, and ieLogic was chosen to provide the software that would later be used to run the website. UltimateBet had little trouble obtaining a license from the Kahnawake Gaming Commission, and once they did, they announced that they would provide customers with a broad range of gaming choices, including variations on the poker games Texas hold ’em, Omaha, seven card stud, and mixed games.
Concerns Relating to Oneself
In January of 2003, the authorities were made aware of an improper connection that had developed between Janelle Lynn Pierson and a male student of the same age. The student was 16 years old at the time. This affair began in January of 2002 and continued all the way through November. It even carried on during the time that the instructor was absent from work due to a severe depression caused by the experience.
Greg Pierson vanished for around two weeks in early 2003 after the situation was brought to public attention. He was located in Costa Rica when authorities finally located him, and he subsequently traveled back to the United States. During this time, the parents of the child decided not to pursue criminal charges; nonetheless, the adults involved were able to make a financial settlement with one another. In addition to this, Janelle Lynn Pierson was sentenced to five years of probation, was mandated to participate in therapy, and was prohibited from ever working in an educational environment again.