RedKings sports betting and poker platforms to close
RedKings, part of the Microgaming Poker Network (MPN), has announced that it is to close its sports betting and poker platforms on 28 April. Its online casino will continue to operate for the time being.
The sports betting and poker platforms will close at the end of April. © Pixabay.
RedKings is owned by SkillOnNet and has operated for the last thirteen years. For the last two years, RedKings has been part of the MPN. Poker players have been advised to go to the Betsafe poker room, as it is also part of the MPN.
Poker players have until 28 April to play through bonuses, while the sports betting platform will cease to operate on 24 April.
RedKings was originally part of the Ongame Network that shut down some years back. The platform was criticised by many and had high rakes, which led to RedKings moving to the MPN in 2016.
Despite this, RedKings never achieved a huge following. Legal and regulatory restrictions in the US meant that the operator targeted European audiences, where it faced stiff competition. However, RedKings was at this point one of the oldest poker brands in Europe.
The sportsbook was launched in 2010 as the operator looked to diversify its product, using Every Matrix’s OddsMatrix platform.
The operator has not announced reasons for the closure, but it is believed that compliance costs in regulated markets were impacting the business.
A statement on the RedKings website read:
After nearly 13 years of shuffling cards at the tables, we regret to inform you that we are closing two of our products on RedKings (Poker and Betting). The casino will continue as normal and your account will stay active so you will be able to access your funds to play or withdraw at any time using your same log in details. You can also continue to play poker and finish your existing bonuses with RedKings until the 28th April, but new bonuses will no longer be issued and the monthly Chase and Point per Day promotions have now been stopped for April.– Statement, RedKings
Have you enjoyed this article? Then share it with your friends.
Share on Pinterest
Relevant news
UFC 251: Usman vs. Masvidal Preview – Fight Of The Year
UFC 251: Usman vs. Masvidal Bet365 Odds Date: Sunday, 12 July 2020 Location: Yas Island,…
Gaethje a +250 Underdog to Beat Khabib After Upsetting Ferguson at UFC 249
Gaethje upset Ferguson by TKO to earn interim lightweight title at UFC 249 Gaethje currently…
UFC Betting Preview for this Weekend May 2020 – Tony Ferguson vs Justin Gaethje
It was on, it was off and now it’s back on again. Dana White has…
How to Bet – When the NBA Will Return to Action Odds
Things have been a bit slow on the sports betting scene of late. The global…
Thursdays Betting Tips for Horse Racing, Football & Greyhounds – 19/03/2020
Thursday betting tips and sporting guide from SportNation.bet. [pokareview_single id="64914" layout="style1" score_style="percentage" detailed_rating_style="bars" show_pros_cons="false" show_gallery="false"…
F1 Summer Break brought Forward to combat Virus
The Formula 1 summer break has been brought forward from the usual August time as…
Login
Register