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Internet poker destination Poker Kings has announced that it will be shutting its doors effective February 28th.
The site is a member of the International Poker Network, which is in turn powered by Boss Media. No specific reason was given for the shutdown, but the company's website claims that they decided to "consolidate product development" and close the site down.
Players have been urged to close out their positive balances by the deadline or else they will have their accounts refunded via the last transaction source that they have used.
The full text of Poker Kings' announcement reads:
As part of our regular business process, we have been evaluating our resources and markets from a commercial perspective. As a result, we are consolidating our product development, and we have decided to close down PokerKings on February 28th 2013, 23:59:59 GMT.
Please withdraw any remaining funds from your account before this date. After the 28th of February you may contact our support team and we will facilitate a withdrawal on your behalf using your last payment method. Please note that transaction fees will still apply to your withdrawal.
If you have any questions, please do not hesitate to contact Customer Support at [email protected].
We would like to thank you for your Loyalty to PokerKings and wish all the best for the future.