Umm, bad? Check this out:
ChecknRaisePoker.com Can’t Pay WSOP Contest winners Entry Fees 06/13/2006 04:31 PM
Earlier this year ChecknRaise Poker held a promotion called the “CheckPoints to Millions” in which 10 winners were awarded entries into this year’s WSOP. Now, just weeks away, ChecknRaise notified the winners that they are unable to pay for the seats, stating that “Unfortunately our cash flow did not allow us to set aside sufficient funds from the time that you won your seat in March.” One player had already reserved a hotel room and had purchased non-refundable plane tickets. ChecknRaise has offered to pay 5% monthly, as cash flow permits, until a total of $11,000 is paid to each affected player.