Cereus to Liquidate Assets

**pokeraddict** · 29th October 2011, 03:28 AM

http://gamingcommission.ca/news/pr10272011a.pdf

KGC announces that Cereus will liquidate. As we all have learned from other online gaming liquidations, there is no guarantee players will receive anything.

**Mousey** · 29th October 2011, 04:56 PM

Originally Posted by pokeraddict

http://gamingcommission.ca/news/pr10272011a.pdf

KGC announces that Cereus will liquidate. As we all have learned from other online gaming liquidations, there is no guarantee players will receive anything.

Thanks for the info.

We understand that this process has been presented to SDNY for consideration and approval.

The NY doj may not agree? They have to have their approval? Boggles the mind.

I do hope players see at least part of their money. It may end up being cents on the dollar, but... whatever...