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Here is the text of an email received by players who thought they had won seats through satellites conducted by CnR"We regret to inform you that CnR will be unable, at this time, to make a lump sum payment for the 10 WSOP seats that were won this year through the “CheckPoints to Millions” and “Freeway to Vegas” promotions on ChecknRaisePoker. However, we plan to make this up to you over the coming months. We will deposit into your player account 5% or more, as cash flow permits, of the value of your entry in monthly installments starting July 31st , 2006 until 110% of the cash equivalent is paid in full.Unfortunately our cash flow did not allow us to set aside sufficient funds from the time that you won your seat in March. If you plan to attend the WSOP in any event, we wish you the best of luck and we are sure you will have a great time.Please accept our sincere apologies for having to break this news to you just weeks prior to the event we promised you. Please do not hesitate to contact us by return email, if you have any questions or comments. If you would like to speak to us by phone, please suggest a convenient time and provide a phone number and we would be happy to call you and provide more details and answer any questions that you may have.Best Regards,XXXX and the ChecknRaise Team"This is a death sentence for the site. No credibility at all.Here is a thread from ITH discussing the problemhttp://www.internettexasholdem.com/phpbb2/cnr-poker-delivers-a-very-bad-beat-vt40117.html
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"The key to limit hold'em is to put a man to a decision for some of his chips" |
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That's the general feeling.How many withdrawals will this trigger.Really makes you appreciate Stars.
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"The key to limit hold'em is to put a man to a decision for some of his chips" |
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That sux ballz.Matt's original ITH threadDiscussion on 2+2
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pokernetwork.com - A World Of Entertainment. |
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Pretty scary financial situation that they can't cough up a lousy 100k.However, if they do end up paying the money back 110%, it's not that bad a deal for the freeroll winners. But what kind of company can't get a loan for 100k on short notice? They must be serious, serious trouble.Is CnR Daniel Negraneau's poker room?yoyo
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