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PokerDangal acquires struggling online site PokerMet

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Online poker website PokerDangal’s parent company, Xeta Networks Pvt. Ltd. has acquired PokerMet, an online gaming website run by Kolkata-based XLN Media Solutions Pvt. Ltd. for an undisclosed amount.

The acquisition will give the company access to PokerMet’s over 10,000 registered users and 2,000 depositing players.

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In the past few months, online poker portal PokerMet was not active and had not honoured its commitment of processing the pending withdrawal requests of players’ deposits and winnings. Consequently, the website had received a barrage of negative feedback and review from the poker community on social media as well as the tag of a rogue poker website.

The PokerDangal team however seeks to correct the negative perception. The company states that  post the acquisition, it will process all pending withdrawal requests from the players and ensure that the monies are released to the users within the next 45 days. The company is expected to share details on the schedule for releasing the pending payments within the next few days.

Commenting on the news, PokerDangal’s founders, Varun Mahna and Varun Puri stated that the acquisition is a statement of intent from the Dangal team.

They  further said that they consider this acquisition as a stepping stone for PokerDangal, which seeks to establish itself as a leading site in the Indian online poker domain.

Jay has researched extensively on gaming laws and has been cited by various media houses and journals as an expert. He has helped leading newspapers in their stories on gaming laws. Jay completed his B.A. LL.B. (Hons.) degree from NUJS, Kolkata in 2015 and is currently based out of Mumbai.