PokerStars Bailing Out Players
By Staff
After being forced to close by the current global economic downturn, online poker site has announced that all player balances are being taken over by launched last February and offered subscribers from all over the world the chance to enter numerous poker tournaments each month for one fixed monthly fee. However, it shut its virtual doors only a few months after its real-money debut after being unable to raise a much-needed second round of investment.

Under the deal, will ensure that no players are being left out of pocket. In addition, former competitors at are being invited to transfer their balances to with the site even hosting a series of special freeroll tournaments as a welcome.

“Many players will, I am sure, already be familiar with,” said Dan Goldman, President and Chief Executive Officer for Fleet Street Games LLC.

“It is, as I know from long personal experience, the best all-round online poker site in the world and although we are obviously extremely disappointed that we couldn’t make a go of in the present economic climate, we are thrilled that we have been able to secure such a great new home for our players.”

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