MUMBAI: PokerDangal, the wholly-owned subsidiary of Xeta Networks Pvt. Ltd. has acquired XLN Media’s flagship online gaming business, Pokermet for an undisclosed amount.
Such an acquisition has previously been unheard of in the online Indian poker industry.
As a result, PokerDangal will gain massively from Pokermet’s 10,000+ registered users and 2,000 depositing players. It is a win-win situation for both the companies. Apart from acquiring all its assets, PokerDangal has guaranteed that it will settle all player dues of PokerMet within 45 days. The schedule for the payout will be shortly shared by the company on its social media platforms.
Never before in this industry, has any operator paid out player dues which were stuck in a portal which had ceased operation for various reasons. Reportedly, PokerMet has been struggling with its business operations due to some internal turmoil, hence could not run in a streamlined manner.
As per PokerDangal’s co-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. PokerDangal’s vision is to take the game to masses in India while ensuring a safe, reliable and fun ecosystem for the players.
