Little more than a year after reopening for business, PokerRoom has closed once again.
Players are assured that funds are secure, and players have until March 19 to log in and cash out balances. However, today any uncleared bonuses were forfeited, and unused tournament tickets were converted to cash.
It is unclear if players were given advanced warning of today’s closure. The long running Pokah community forum has also closed.
PokerRoom launched as one of the pioneers of online poker in 1999, and was sold to Bwin in 2005. Bwin chose to pull out of the US market after the UIGEA passed, and PokerRoom never really recovered.
2009 saw bwin merge with PartyGaming, and the PokerRoom.com brand was closed down. Three years later, bwin.party decided to reopen the site on the Ongame network. The brand was certainly well remembered, having built a faithful player base before PartyPoker and PokerStars even opened their doors.
The reopening came during the process to sell the Ongame network and may have been part of a corporate strategy to make that network more attractive to potential buyers; Alternatively, bwin.party bosses may have simply been trying to squeeze some profits from an unused depreciating asset.