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ABSOLUTE AND ULTIMATEBET TO MERGE INTO ONE POKER NETWORK
Grabbing the attention of players, affiliates and competitors alike as the week ended was an announcement from Paul Leggett, CEO of both UltimateBet and Absolute Poker, that the two sites are to merge into one large online poker network branded Cereus Poker.
Claiming that the merge will result in the world's third largest poker network (a claim already questioned by industry obervers) statements from the two companies said that Cereus will deliver an enhanced gaming experience for all players, offering new features, more action, and ultimate rewards.
One well informed observer made an early assessment on network size, pointing out that based on a trailing 7 day average the combined number of AB and UB players is about half the size of Playtech's iPoker network, widely regarded as holding the number 3 slot behind Poker Stars and Full Tilt.
The new network is apparently the result of a year's innovation and development through the owner of both sites, Tokwiro Enterprises, headed by the former Kahnawake chief Joe Norton. Absolute and UltimateBet will each retain what is described as 'unique assets' that create the poker experience, but will share more players, more action, more tournaments, and unspecified new features.
Cereus will be competing with online poker titans like Poker Stars, Full Tilt, iPoker, Party Poker and the burgeoning Everest Poker for players - a tough field to beat.
Paul Leggett said: “Our company’s goal is to provide poker players with the ultimate online experience. The launch of Cereus is a major step for us in achieving our goal and we look forward to making many more exciting announcements very soon.”
Given the monumental cheating scandals that continue to swirl around UltimateBet and Absolute Poker, it is perhaps understandable that the Cereus merge, together with persistent rumours of a future rebranding initiative, is being viewed by some as a precursor to a change in corporate identities. That could be one way to help escape the bad reputation that has accrued to these venues as a result of the scandals, which remain the subject of investigation by the experienced players who uncovered the cheating in the first place.
Although Absolute Poker and Ultimate Bet are owned by the same (Tokwiro) company, the sites have hitherto offered seperate and distinct poker promotions, and this is likely to end with the advent of a common network. Large weekend tournaments from both sites have been generating solid entry fields despite the bad publicity on the cheating incidents, and are likely to continue - perhaps with wider input from UB's poker ace Annie Duke, who recently revamped the tournament schedule and structure at Ultimate Bet with positive results.
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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