PokerDangal acquires PokerMet on first birthday
PokerDangal is a unit of Xeta Networks Pvt Ltd and they are a quickly growing online poker website. They have been making big strides in the Indian poker industry, recently also adding the likes of poker pros Abhineet Jain and Tanay Hargunaney as Dangal Team Pros. Just yesterday, they announced doubling their tournament guarantees on the occasion on their first birthday.
Very recently, the company has also announced that they have gone on to acquire XLN Media’s flagship online gaming business, PokerMet, a poker website with over 10,000 registered users and 2,000 depositing players. The monetary value of the deal is undisclosed at the moment. Apart from acquiring all assets of PokerMet, PokerDangal is also going to settle all player dues of PokerMet.
The company claims that they will be the first operator to pay out player dues which were stuck in a portal which had ceased operations. PokerMet has been a struggling portal due to various reasons, hence they could not continue operations.
Acquiring PokerMet is a testament to PokerDangal’s claim that they are the fastest growing site of the poker industry. The company’s vision is to take the game to masses in India while ensuring a safe, reliable and fun ecosystem for the players.
As per founders Varun Mahna and Varun Puri, the acquisition is a statement of intent from the Dangal team. They consider this acquisition as a stepping stone for PokerDangal to establish itself as a leading site in the Indian online Poker domain. They further stated that the team endeavours to continually grow the online poker community.
They have promised that all legit payments of PokerMet players which has been stuck/pending would be taken care of by PokerDangal and all due settlements will be made in a 45-day time period. Co-founder Karan Gandhi is personally supervising the entire transition process. The schedule for the payout will be shortly shared by Team Dangal on their social media platforms. Keep reading GutshotMagazine.com for all updates on this story and other poker-related stories in India and around the world.
|Baazi Poker Tour||2 Jan - 14 Jan||INR 35,000|
|Red Dragon Manila 2020||4 Jan - 11 Jan||PHP 110,000|
|Aussie Millions 2020||4 Jan - 24 Jan||AUD 10,600|
|APT Kickoff Ho Chi Minh||8 Jan - 19 Jan||TBD|
|India Poker Championship||15 Jan - 19 Jan||INR 50,000|
|APPT Open Taipei 2020||31 Jan - 9 Feb||TWD 35,000|