Planet Poker Leaves Poker Universe

Planet Poker, a pioneering poker room in the online poker universe, has announced intentions to suspend real money operations. Their announcement reads as follows:

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Dear Valued PLANET POKER Affiliate: CheckRayz

After 9 years in business, Planet Poker is ceasing real money operations. Management regrets this decision but the impact of the Unlawful Internet Gambling Enforcement Act in the U.S. leaves no reasonable alternative.

During the past several months, Planet Poker explored every reasonable option to continue real money operations. This included working with other cardrooms and ecommerce processors to find solutions to the issues existing in the industry today. Unfortunately, no viable solution was found.

As always, all funds on deposit are safe and secure at Planet Poker.

Real money tables and tournaments will continue at Planet Poker through to 31 March 2007, but effective immediately, players will no longer be able to make a deposit. As an affiliate, players whom you have signed up will continue to earn commission until closure of the real money tables and tournaments on March 31st. The final affiliate payments for March earnings will be posted in the first week of April after which, you will have the same options as the players to either cashout through the normal CASHIER channels, or transfer funds to a participating cardroom.

Players are being advised via email and public announcements in the Cardroom.

Thank you for your support during the past 9 years.

Planet Poker Management

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