Juicy Stakes Begins Processing Cashouts after Zagox Takeover


Players are now receiving cashouts from Revolution Gaming skin Juicy Stakes, according to reports in the Juicy Stakes Cashout Thread at Two Plus Two.  These reports started to surface on Wednesday.  Players in the US have seen check deliveries six days after initiating the withdrawal.  Players in the rest of the world are receiving cashouts two days after initiating the requests. 

All pending cashouts were canceled when Zagox Management acquired Juicy Stakes last week.  Players were required to reinitiate withdrawals.  Some players had to submit documentation before withdrawals were processed, even if they had already completed the process under the previous management. 

Juicy Stakes withdrawals are currently capped at $1,000.  Players in the US must pay a $100 fee to receive a check.  There is also a $100 fee to receive a Western Union cash transfer.  Players that rake $25 at any point between October 14th and the requested cashout will receive one free withdrawal.

This is all great news for Juicy Stakes players.  Some disgruntled Juicy Stakes customers were selling chips as low as $.15 on the dollar.  That price looks like an incredible buy in hindsight.  Player-to-player transfers are now disabled at Juicy Stakes so there is no way to gauge what the public perception of these chips is now.

Players at Revolution Gaming skin Lock Poker have not been so lucky.  According to Two Plus Two poster IHasTehNutz, some US players have been waiting since December 2012 for check withdrawals to be processed by Lock Poker.  US players that requested Western Union cash transfers have been waiting as long as 7 months, the same time frame players outside of the US have been waiting for ewallet cashouts.  Lock Poker chips are currently trading between $.10 and $.15 on the dollar. 


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