partypoker: WPT Poker - Closing on June 3

bwin.party's WPT Poker have announced that they were ceasing their operation on June 3, 2015. What exactly does that means for their players? As far as their funds are concerned, they shouldn't worry: this seems to be a level-headed, well-planned-out move on the part of the company, so for 3 months following the official closure of the operation, they will be able to log into their accounts and request withdrawals.

After June 6, no one will be able to register a new account at WPTPoker.com. Games will no longer be available, all tournament registrations will be annulled, no new deposits will be possible and all forms of pending value such as tournament dollars and value tickets will be refunded. Players who have managed to earn a live event entry at the site before the official closure, will still be able to participate in the said live event.

All loyalty points should be used up, because upon closure, they will all be forfeited. After September 3, users will no longer be able to access their accounts. Pending real money balances can still be paid out manually after that day.