PokerStars has agreed to reimburse about 60,000 players who lost money following the closure and bankruptcy of online poker room PKR.
PokerStars said it will reimburse all players with funds owed with “no strings attached,’ by depositing the money into their PokerStars accounts for immediate access, according to a report at Pokerfuse.
The “majority” of affected players already have accounts with PokerStars, the company said, and will have their PKR balance credited to their accounts. Players who do not yet have a PokerStars account will need to create one, but the funds will be made available for play or withdrawal without restriction, PokerStars told the website.
“The recent insolvency of online poker room PKR left tens of thousands of players short-changed, and left waiting alongside all of PKR’s other creditors,” a blog post from Eric Hollreiser, Head of Corporate Communications at PokerStars said. “This is what happens when players aren’t protected as they should be. It isn’t fair, it isn’t right. We’ve decided that we’re going to make those players whole and have signed an agreement with the court appointed Administrator to do so.”
