PKR Poker Room Shutters Its Offering Due to Finances

Published Friday, May 05, 2017 -
PKR Poker Room Shutters Its Offering Due to Finances

Online poker rooms have been coming and going since the internet betting business began. It is not that often though that a reputedly stable online poker venue decides to close its doors because of financial difficulties. A statement sent by online gaming software provider Microgaming revealed that poker room PKR is offline indefinitely due to money issues.

Launched more than ten years ago, PKR has had a good run with a reputation as a standalone poker room that changed with the addition last February of the Microgaming Network, now MPN providing greater access to the current player pool. The owners PKR Ltd. and PKR Technologies Ltd. are currently taking financial advice to consider the options for the firm’s future.

PKR is based in Alderney and holds a license to operate from the Alderney Gambling Control Commission and licenses from gambling regulators located in the UK and Denmark. In 2007 PKR made a deal with online software provider Playtech which became the only platform provider for the company. In 2012 PKR had expanded its customer base to more than five million online international players.

Before joining the Microgaming network MPN PKR had a unique blend of homemade 3D software that created characters customized to emulate the emotions and moves of the player’s choice. This feature was PKR’s calling card for many participants in the PKR poker room. After the connection was established with the Microgaming-powered poker network, PKR retained some of the previous attributes of its own software while offering existing players a chance to reach a larger player pool.

The future of the company is in the hands of administrators who will be forthcoming with information about the poker room and where it will head form this point. Financial problems are fixable with investors looking to help turn around a situation such as the one PKR is caught up in.  





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