One of the reasons why the online poker industry is considered to be a danger in the U.S is because of the suspected volatile nature of the industry and the risks involved. Every since the infamous Black Friday, the U.S. has been extremely strict with its laws concerning online poker.
Full Tilt Poker has only recently begun to remit payments and compensate claims that have remained outstanding for close to 3 years. Players all across the U.S. had to be patient and wait for their money to be returned. There have been a number of smaller poker companies and websites that have suddenly wound up operations, leaving its players in a tight spot.
Infiniti Poker is one such company that recently shut down its operations and went offline. There was hardly any information shared with Infiniti Poker players until recently when Michael Hajduk, the CEO of Infiniti Poker broke his silence and confirmed that the company will make sure that its players get paid in the near future.
Infiniti Poker was functioning relatively well and allowing players to pay real money cash game poker. Players were allowed to use Bitcoin as well as US dollars for deposits and the website also confirmed that players had the option of withdrawing their deposits via Bitcoin.
Hajduk released a statement to pokerfuse which said
In the next few days, people will start to receive their cash out requests after a period that we had to endure dealing with some off shore institutional bureaucracy. Yes it has been very frustrating as even our operational capital reserves were on lockdown and hence the temporary suspension of our server activity
Infiniti Poker was expected to do a soft launch in Feb but suddenly decided against it. Instead, the website went offline in Feb after the website was unable to process withdrawal requests.
However, Infiniti Poker confirms that going offline had nothing to do with the websites inability to process withdrawals but did not go into further details as to what the actual reasons were.
Hajduk went on to say that
I’d like to assure as many people as I can at this point that our efforts to resolve the 3rd party issues have been ongoing and at the top of our priority list. I hope that once players start to receive their requests that this notion will be vindicated.