Troubled internet poker site Juicky Stakes Poker has reported that it has been acquired by Zagox Management, hopefully bringing a solution to the site's difficulties it is experiencing in paying players.
The announcement was made via email, and read:
"For a while now Juicy Stakes has been considering ways of improving its customers‘ all-round gaming experience, as well as our site‘s processing procedures. It has been proven to be a harder task than expected, but we have now found a solution in Zagox Management N.V., a company licensed in Curacao.
Zagox Management N.V., a serious partner for all types of online gaming, has acquired Juicy Stakes and will run the business with immediate effect. They are also determined to prove their commitment to you and all Juicy Stakes players, providing the service and support that everyone deserves.
As a result of the new ownership and the new systems that have been put into place, these following changes have had to be implemented:
All pending cash-outs for players had to be cancelled and have to be requested again. But don‘t worry - all cash-outs will be processed as players request them and in accordance with timeframes given in the Juicy Stakes cashier!
All pending bonuses currently running on players‘ accounts have had to be cancelled. At the start of next week there will be a reload promotion that everyone will be entitled to use.
We would like to apologize for any inconvenience this may cause, but stress that these changes will allow us to start paying your winnings in a very timely manner, thus improving your gaming experience at Juicy Stakes!"
While it appears that Zagox may be the end purchaser of the Revolution powered poker site, a wrinkle emerged just before press time that could indicate another well known party could be the purchaser.
A post on Intertops' support thread revealed, "To safeguard the Intertops future business and to start to create a healthy and stable environment for our customers we have decided to share our player pool with Juicy Stakes."
The post is fueling speculation that Intertops may indeed the acquiring party in the deal, although no firm details were available as this story was being written. Casino Listings will update this story as developments arise.