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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.

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Gambling News :

Playtech Acquires ECM Systems - Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.

Marks and Spencer store Manager steals to Gamblie Online - The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.

Chinese Gambling crackdown could damage high roller revenue - Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.

EvenBet Open Face Chinese Poker - Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.

PartyPoker Millions tournament guarantee Now GBP 6 million - Online poker operator PartyPoker announced Thursday that it is to boost its PartyPoker Millions tournament guarantee by a million sterling to GBP 6 million, claiming it is now the biggest prize pool guarantee in European poker history.

2016 EPT Malta - The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.

Novomatic has announced a legal action against Euro Games Technology - Online and land gambling equipment and games provider Novomatic has announced a legal action against Euro Games Technology Ltd., which it claims has unfairly created imitations of its slot games.

Starcraft ProLeague SHutting Down after 14 Years - Announcing the end of the road for the League, once pre-eminent in Asian eSports gaming, the Korean Esports Association blamed ethical scandals and competition for its decline in popularity.

Team Hot Launches - #teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.

Netent Q3-2016 Earnings Report - #netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.

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