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IGT Scales Back On Online Poker

Thursday September 13, 2012 : IGT PULLS BACK ON INTERNET POKER
 
Casino supplier appears to be putting its $108.2 million purchase Entraction on the back burner
 
Online poker operators on the IGT Poker (formerly Entraction) network have been advised that International Gaming Technologies management has decided to radically scale back on internet poker operations due to weak business returns.
 
In addition, reports from Sweden indicate that the company has closed its offices in Stockholm, terminating the contracts of employees, and there is speculation that the network will be shuttered by year-end.
 
A confusing picture emerged this week as some operators said they had been given their marching orders effective December this year, whilst others confirmed they had not.
 
The company has thus far made no public statement on the future of Entraction, which it purchased barely a year ago for $108.2 million.
 
Operators on the network include BetVictor, Kick Off Poker, Devilfish Poker, 24h Poker, Redbet, Betsson and No IQ.
 
The news comes amid high hopes that IGT would be among the first to enter the Nevada regulated online poker market, where it has already been successful in acquiring licensing, but apparently Entraction will have no role in this intrastate initiative.
 
Since changing ownership Entraction has not done well, losing much of its traffic and now characterised as one of the weak performers, according to weekly stats from the independent online poker monitor Pokerscout.
 
There appears to have been minimal development by IGT, which has exacerbated the situation by imposing geographically-based restrictions on Entraction's action as it pursues a corporate ‘regulated markets’ business strategy.



Gambling News :

NHL Odds: Toronto Maple Leafs vs. Washington Capitals on Tuesday - Auston Matthews and the Toronto Maple Leafs touch down in DC this Tuesday (7 PM ET on TSN) as one of the hottest teams in the NHL. They've tallied a ridiculous 26 goals through only five games played; that's more than five goals scored per game on average. They'll be up against an equally potent Washington Capitals team.

Pro League Reveals Sportradar Contract Details - The partnership between the PLC and Sportradar aims to provide a high-quality level of service to all Arabian Gulf League stakeholders in addition to making verified official data about players performances available to coaching and scouting staff and supplying match information to media outlets.

NFL Odds: Steelers Visit Undefeated Chiefs #TNF - The Kansas City Chiefs (5-0 SU and ATS) have been flawless as an NFL pick thus far. Their chances of remaining undefeated in Week 6 look good; after opening at –4.5, Kansas City is a 5-point home chalk for Sunday’s game against the Pittsburgh Steelers (3-2 SU, 2-3 ATS), beginning at 4:25 PM ET on CBS.

Mega Moolah strikes again - The jackpot was hit on a mobile device on Sunday 1 October 2017 by a UK player on Betway, this time awarding a £1,448,116.31 pay day.

2 New Slots For Microgaming Casinos - David Reynolds, Games Publisher at Microgaming, comments: “On top of our branded title game Halloween, we’re delivering two more slots this October, each bringing exciting features and a different theme.

MLS Odds: Red Bulls vs. Whitecaps - The New York Red Bulls (12W, 12L, 7T) haven’t won a match since August 15, but they’re –165 favorites this Saturday against the visiting Vancouver Whitecaps (15W, 10L, 6T), beginning at 5 PM ET. Vancouver is a +475 underdog with the draw priced at +285.

Velka Pardubicka On RacingUK - Felix de Giles flies the British flag in Sunday’s Velka Pardubicka

Mega Moolah Jackpot Hits on 9/27/2017 - Another millionaire made on Microgaming’s Mega Moolah; 5th largest Microgaming payout

Simon Jones is crowned the Greatest Poker Player in the Universe - A €10,000 leaderboard tracked player progress throughout the series to determine who the Greatest Poker Player in the Universe was. Professional poker player/sports psychology lecturer, Simon Jones, took the crown with a €5,000 cash bonus and trophy to prove it.

MLB Odds: Yankees Favored in AL Wild Card Game - After a strong regular season, the New York Yankees (91-71, –1.00 betting units) opened as –235 home favourites for Tuesday’s AL Wild Card Game against the Minnesota Twins (85-77, +11.48 units). First pitch is at 8 PM ET on ESPN.

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