Post ID 17122

PokerStars Logs Out of Gray Markets in Africa and Middle East

PokerStars has withdrawn from a host of gray market nations in the centre East and Africa. (Image: gulf2000columbia.edu)

PokerStars has ceased operations in many different so-called market that is gray suddenly and without warning this week, with all the majority of these being in Africa and the Middle East. Players from both PokerStars and Full Tilt received notice through their clients and via email that real-money play was no longer available to all of them with immediate effect, along using the explanation that is following

‘Our management group regularly reviews our procedure along side separate party that is 3rd to evaluate the business risk and opportunities for our brand on a market-by-market basis. Following our most recent review, it absolutely was determined that we’d no longer offer real money games in your country.’

PokerStars was quick to reassure players that their balances could be safeguarded and available for withdrawal and that their accounts would remain open for play-money games. Tournament tickets, said the message, would be refunded.

‘If you have any unused T$, T€ and/or Tournament Tickets in your account, they’ll automatically be converted into their equivalent cash value upon entering the Cashier,’ read the statement. ‘Freeroll and FPP buy-in tickets have no real money buy-in value, and are therefore ineligible for credit.’

Why Now?

While no definitive list associated with the countries (more…)