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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.
Betradar Launches US Sports Betting Solutions -
With only a few weeks to go until the betting and gambling world descends on ICE in London, Betradar have today announced that they will be launching a comprehensive range of tools and services to any company that will be looking to provide sports betting in a post-PASPA United States.
Final 12 For MPNPT Morocco -
Sunday on the MPN Poker Tour Morocco will see several trophies awarded at the Mazagan Beach Resort, with the largest going to the Main Event champion along with a prize of MAD 400,000 (c.€35,400).
MPNPT Morocco Updates -
Leading the 104 combined survivors from both flights is still Said El-Yousfi with 272,000 chips; visit the MPN Poker Tour blog for an end-of-day recap and full chip counts.
MPN Poker Tour Morocco Day 1A -
The MPN Poker Tour has returned to Morocco this week (January 11-14), featuring the MAD 1.5 million guaranteed Main Event, accompanying side events, and the activities and parties for which this tour has now become known on two continents.
2018 MPN Poker Classic -
The MPN announces the return of The Classic tournament series this January. The series is back following its successful €350,000 guaranteed debut in 2017. This time €500,000 is guaranteed, along with a once in a lifetime trip to Monaco for the Classic Champion.
PDC and Sportradar Renew Deal -
Following this month’s hugely successful World Championship, the Professional Darts Corporation (PDC) and long-standing partners Sportradar have renewed their multi-faceted cooperation that will see the leader in sports data and content continuing in their role as official data
Poker Yaar Joins MPN -
Available through download, instant play and mobile, Pokeryaar.com is live with Omaha, Hold’em and Five-Card poker variants, alongside MPN’s Fish Party, the industry’s only progressive jackpot SNGs.
New MPN Poker Rooms Tower Torneos -
Impressed with Microgaming, having already integrated with the Quickfire platform to gain access to some of the industry’s best gaming content, Tower Torneos has extended the relationship with poker.<
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