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ONLINE POKER BUSINESS MODEL BOOSTS SIGN-UPS
Posted 1/19/11 : Ongame reports 8 percent increase in players in six months using Essence
Six months after introducing the Essence business model, Bwin's internet poker subsidiary Ongame reports an 8 percent increase in recreational player sign-ups.
A company spokesman confirmed this week that since introducing Essence, Ongame has achieved the highest number of recreational, i.e. net depositing, players than at any time over the last two years. And in a year-on-year comparison there has been an 8 percent increase in the number of active recreational players.
"The impact on player activity has been positive or neutral across all player categories," he said. "Additionally, pro players’ net winnings have actually increased compared to the levels pre-Essence."
The Ongame Network's head of poker, Fredrik Kjell said: “We always knew Essence was revolutionary as a concept, but it is of course reassuring and great to see that it is working as intended.
"With Essence, we have turned the tide on poker’s aging business model. We now have it black on white that Essence helps create an even healthier ecosystem, in a way that is unique for the entire poker industry.”
Ola Brandborn, online manager at Paf agrees, saying: “When Ongame presented Essence to us, it was the first time we saw a poker provider really taking responsibility for delivering the best conditions possible to cater online poker to all kinds of players. We can clearly see the results of Essence...bringing in the players that benefit our poker ecosystem, which in the end rewards our players since it helps us provide them a pleasant surrounding that is allowed to flourish and prosper.”
The independent data security and auditing company Trustwave, has audited the rake redistribution element of Essence, and reports that it is working as intended.
“After careful review of the source code of the Ongame Network P5 poker platform, Trustwave feels that Ongame has appropriately implemented the rake distribution algorithm. The implementation within the source code matches precisely the stated design specification and as such leaves no ambiguity towards implementation or its anticipated outputs with regard to rake distribution. Furthermore, no code-level vulnerabilities were discovered in the implementation itself,” the comkpany reported.
3 Top Bitcoin Poker Sites -
Bitcoin, in particular, is a cryptocurrency that you can use on various online poker sites and it allows a faster and cheaper way to get money into and out of the online poker site.
Kentucky Derby Odds: Justify still Favorite -
With all the races on the Road to the Kentucky Derby complete, Justify is still on top of the odds list at 4/1. But he’s got company: Mendelssohn (9/2), Audible (11/2) and Magnum Moon (8/1) are all very much in contention for the big race on May 5.
888Poker Takes Over the States -
With more and more states moving toward online casino integration, an increasing number of international players are moving in on American territory. Who will take the crown of the most popular online poker venue in the United States?
Top gambling ICOs to watch this year -
The gambling ICOs that are being launched in 2018 are of better quality. Unlike the last half of 2017 when ICOs were numerous, the first few months of 2018 have seen a big drop in number.
MPN Poker Tour Bratislava | Day 2 -
It was a hard fight around the bubble, culminating in the elimination of Georgios Drakakis in 46th place. He received a surprise consolation entry into the next MPNPT stop in Sunny Beach, Bulgaria (5-8 July), which softened the blow of missing out on a €900 min-cash.
MPN Poker Tour Bratislava Day 1B -
Dorey Captures Chip Lead After MPNPT Bratislava Day 1b Triples 1a Field Size. The second flight of the €550 MPN Poker Tour Bratislava Main Event is in the bag, and so are the chips of 97 players who will be returning along with the 26 Day 1a survivors to fight to the money and beyond today
MPN Poker Tour Bratislava Day 1A -
The MPN Poker Tour has arrived in Bratislava for the very first time, bringing with it the Tour’s friendly mix of local and globe-trotting poker enthusiasts, pros and qualifiers to the beautiful Slovakian capital.
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