Fortune Poker Shuts Shop

Fortune Poker Shuts ShopFortune Poker started operating online back in 2004, but now after nine years has decided to pull the plug on its poker offering. The Malta-licensed site is a member of the International Poker Network (IPN), but come March 31st will cease  operating altogether, with its cashier remaining open until April 2nd.
The IPN network has seen its traffic continuously decline of late, and over the past six months alone has lost one-third of its players. According to Pokerscout, IPN is currently ranked 26th overall in traffic, with a 7 day average of just 330 players.
Only last month, another IPN skin PokerKings ceased operating after giving 2 weeks notice, and questions are now being asked whether it may soon suffer the fate of the old Cryptologic Network, which closed in 2009. At the time, CryptoLogic VP of Product Development Justin Thouin, explained the constraints of running an online poker room, including employing poker room managers to organize tournaments, hiring full fraud and collusion teams, and liaising with land-based tournaments in order to have feeder systems.
As of yet, there are no signs that Fortune Poker players will experience difficulties retrieving their funds, although they would be advised to withdraw their money by the stated dates in order to avoid any delays. However, after April 15th any issues regarding payments will be addressed by the IPN network.
Explaining its decision to shut shop, Fortune Poker posted a notice on its site stating:  “With many changes in the online gaming industry, it has been a struggle to continue to support our players and affiliates to the fullest. While we have grown very fond of our Players, Partners and Affiliates – we regret to inform you that Fortune Poker has made the unfavorable decision to close its gaming/poker operations.”

Poker News
22 Feb 2018
Certain members of the poker community have been warning to steer clear of JaoPoker since May of 2017, and it looks as though their concerns were well founded after the unregulated US-facing poker site apparently announced its closure this month. Furthermore, all indications point to all its player funds now being lost, with the site
26 Dec 2017
Having been established in 2014, Betcoin may have been the world’s oldest Bitcoin-based internet-gambling site, but it has now reached the end of the road. According to an official note released by Betcoin, it was acquired by a mystery owner on December 18th, with the site subsequently ceasing its poker operation on Christmas Day of
14 Nov 2017
German tennis ace Boris Becker was once estimated to have personal fortune of £100 million, but the retired former world No. 1 has now been declared bankrupt, with his debts believed to be anywhere from €3.34 million to €50 million depending upon the news source. At the end of last year, the 49-year old subsequently
18 Aug 2017
The Bureau of Gambling Control (BGC) has temporarily shut down the 500 Club card room located in Clovis, California, after apparently discovering that it did not have enough funds to cover all the chips used at the 12-table poker room. News of the development was picked up by the Fresno Bee, with the newspaper stating