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DATE: May 26 2012
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Poker.co.uk - Poker News Archive

Tuesday 27th March 2007

Planet Uninhabitable in Hostile Online Poker Environment

Planet Poker has decided to end all real money games on its site in response to the Unlawful Internet Gambling Enforcement Act (UIGEA).

In a press release the management said that they sincerely regretted the decision but explained, �it has become impossible for a small card room to properly service their customers.'

Small they may be, having failed to fully exploit the growth of the online poker industry, but they have been around since January 1998. Planet were keen to stress that they hope to return to real money gaming should the UIGEA be repealed.

Customers will receive emails informing them of this development, and the preferred date (April 30) for transferring money out. While they are assured that �their funds are as safe as they have been for the last 9 years�, from May 1, a $10 per month service fee will be applied to any accounts containing real money.

Other measures:

� From 23rd March � no real money deposits

� Until 10th April � a no charge Transfer Now button moves funds to another card room.

� Convert $ to freeplay �tokens are good for tournament and whales tables.

� Until 30th April � Cashout still in place, but slow.

Source: OnlineCasinoNews

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Poker.co.uk is operated by InTouch Poker Ltd (hereinafter called the "Company"), a limited liability company with registration number C44236, registered in Malta (a member of the EU since May 2004). The Company’s registered address is at Vincenti Buildings, Suite 623, 14/19 Strait Street, Valletta VLT 1432, Malta. The Company operates the Poker.co.uk online poker room under a provisional license issued and regulated by the Lotteries and Gaming Authority ("LGA") of Malta (issued on 2 December 2008, number LGA/CL3/412/2007). The software used for operating the Poker.co.uk online poker room is licensed from Boss Media Malta Poker Limited. Our services are not available to residents of the United States, US Virgin Islands, US Minor Outlying Areas or Turkey or any other jurisdiction that legally prohibits its citizens from engaging in online gaming.