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Bovada Transfers Poker To Ignition Casino

BOVADA SELLS ONLINE POKER ASSET TO NEWBIE IGNITION CASINO
 
Speculation rife on rationale behind sale of a successful enterprise.
 
The announcement Tuesday by online gambling operator Bovada that it has sold its successful online poker asset to newbie company Ignition Casino has triggered much speculation on poker forums like twoplustwo, with posters examining the similarities between the two companies and trying guess at the rationale behind the deal.
 
It appears that only the poker assets of Bovada are included in the agreement - the Bovada online casino, race book, and online sports book will continue to operate  under the Bovada brand.
 
The company announcement read:
 
"We have an important announcement to share with you: Bovada Poker has been acquired by Ignition Casino Poker. The acquisition will require all poker players to transfer their account by September 30. Following this date, Bovada Poker will no longer be available, however, access to Bovada’s sportbook, casino and racebook products will remain.

You Can Visit Ignition Casino Poker Here and either get set up or read all about the move
 
"Because Ignition Casino uses the same platform as Bovada Poker, everything you enjoy such as; anonymous tables, Zone poker, mobile poker and guaranteed tournaments, like the weekly $100K, will be there waiting for you. Additionally, until the transition is complete, both sites will operate simultaneously with shared player pools.
 
"We’ll do everything we can to make this transition as smooth as possible so please be sure to visit our Migration FAQ page. There you’ll find information on account transfers, how to score generous migration bonus, what to do with your Poker Points and any other question you may have.
 
"We’re fully confident in Ignition Casino’s ability to offer an equal level of service and security you’ve been used to at Bovada. Find out more by checking out their website today."
 
Ignition Casino is a relatively new arrival (launched this year) on the online gambling scene and operates Latvian-domained sites CafeCasino.lv and Slots.lv in addition to Ignition Casino.eu. The owner is listed by the Kahnawake Gaming Commission as Lynton Ltd.
 
Ignition offers online casino gaming along with poker and has hitherto been a skin on the Bovada poker network.
 
Interestingly, Bovada holds the only other Latvian domain; according to the KGC the owner of Bovada is Salmon River Technologies, and like Lynton Ltd little is known or published on the company.
 
The Bovada and Ignition websites are very similar to one another, posters on 2+2 point out as they seek an explanation on why a successful US-facing online poker enterprise like Bovada would suddenly sell off its poker interests to a little known newcomer for an undisclosed consideration.
 
Some posters have gone as far as to suggest that the deal is between closely related companies, suggesting similarities in the manner in which Bodog created Bovada back in 2011.
 
Bovada - Bodog - Ignition poker player pool sharing will remain in place until October 1 after which Bovada involvement will fall away, leaving Bodog and Ignition as partners.
 
Player points will not be transferred, but Bovada is offering several ways for players to cash these in.
 
Independent statistics on Bovada from online poker monitor Poker Scout illustrate a company that has been consistently successful in the online poker market over the past few years, making the mystery of its sale more intriguing.
 
Our readers may recall that Bodog was originally founded by Calvin Ayre at the turn of the century, but following the passage of the UIGEA in 2006 the entrepreneur sold the online gambling operational part of the business to the Kahnawake-based Morris Mohawk Gaming Group, which in turn founded the US-facing Bovada group following Black Friday in April 2011, migrating all players to the Bovada brand.



Gambling News :

Games Concept Day in Malta - The Quickfire Games Concept Day is the second full-day workshop to date, the first being held in Gibraltar in July.

AFC’s fight against match-fixing - The Asian Football Confederation (AFC) has introduced a new AFC integrity mobile application, which will enable fans, players and officials to report possible suspicious activities or provide information concerning match-fixing or corruption to the AFC Integrity Unit.

PartyPoker Removes Dormant Account Fees - partypoker today announced that players will no longer be charged fees for inactivity on their online accounts.

NHL Odds: Rangers Look for Seventh Straight in Chicago - The Chicago Blackhawks (8-8-2) will try to get their season on track this Wednesday when they host the surging New York Rangers (9-7-2) in an Original Six showdown. NBCSN has the coverage beginning at 8 PM ET.

ACR $1,400,000 High Five Tournament Series - It has five added tournaments a day for five straight days, with the $420k Main Event on the final day. There are Texas hold’em and PLO game types, and tons of structures.a

Microgaming named in The 10 coolest offices of 2017 - Microgaming named in The 10 coolest offices of 2017 Microgaming’s new HQ has been named in ‘The 10 coolest offices of 2017*’ in the UK, featuring alongside some of the biggest consumer brands.

$75K Win on Mobile Slot @ CafeCasino - Café Casino’s mobile slot, Achilles, paid out in a big way over the weekend. A player from Pennsylvania, Rob J., triggered the game’s free spins mode by landing three scatters.

Microgaming’s The Phantom of the Opera online slot live today - Available to Microgaming and Quickfire operators, The Phantom of the Opera online slot goes live Wednesday 1 November 2017.

2017 Punta Cana Poker Classic Results - The 2017 Punta Cana Poker Classic is now in the books and players are returning home after a week-long poker celebration. And after a major final table deal, two players have the most reason to celebrate. Roberto Carvallo ultimately won the tournament after negotiating a final table deal with Jamin Stokes.

NHL Odds: Winnipeg Jets vs. Minnesota Wild - Blake Wheeler and the Winnipeg Jets will attempt to get two points closer to the Central Division lead on Tuesday, as they take on the Minnesota Wild on the road. The Jets have started strong, and sit in second place in their division. Led by RW Blake Wheeler, the Jets look like a team that could make some noise in the West this season.

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