Hot on the heels of the Pokertropolis closure comes news this week that All In Poker, an online poker room which attracted hundreds of players via it’s controversial multi-level marketing program, is to close. Members were informed of the action by email last week.
All In Poker allowed it’s members to refer other players with the promise of “a significant monthly income stream”. Players were led to anticipate that a significant percent of net revenues generated at the poker room would be returned to them, and affiliates could expect to generate income from seven levels of downline referrals.
The email to players informed them that the company is to cease operating on Friday September 22nd.
In a statement on the company website, All In Poker announced: “It is with regret that we inform you that All In Poker is to close down with immediate effect. Unfortunately our multi-level marketing model has not been taken up by enough members to make the business sustainable. Thank you for your custom.
“The website and poker client will remain available to you until Friday 22 September 2006 to enable you to withdraw any funds in your accounts. Please note that after this date, any funds remaining in your account will not be accessible.
“If you wish to withdraw please go to the banking page on the poker client.
“Deposits and gameplay are suspended with immediate effect.”
All In Poker was a member of the Microgaming Poker Network, which is believed to be planning an upgraded software soon.