PokerStars Will Reimburse Affected PKR Players

This story was published more than 6 years ago.

Internet poker giant PokerStars has revealed that they're stepping up to the plate to reimburse players affected by rival poker group PKR's closure.

PKR shut down in May after their business groups revealed severe financial losses. When they went under, they left a large contingent of their players were left with nothing. PokerStars, sensing a good opportunity for a marketing push, has stepped up and signed a deal with the court administrator overseeing the liquidation of PKR, agreeing to refund affected players.

Players who had PKR balances will see that money transferred over to PokerStars accounts, and players can withdraw the money with no strings attached.

Speaking about the agreement PokerStars VP of Corporate Communications Eric Hollreiser said, "For the majority of PKR players that have an existing PokerStars account, it should take just a few clicks from receiving our email to seeing their PKR funds appear in their PokerStars account. There will be some further steps for the minority that need to open a new PokerStars account, but our aim and intention is to make funds available for withdrawal as quickly as possible."

"There will be no further obligation or play-through required; there are no strings attached."

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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bgsharpe
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18 July 2017 - 9:46pm
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This just shows why PokerStars is N1 in the branch I think, that's quite clever move I think and in lonng term they will not only not loosing but will benefit quite good - I'm sure, great planning.