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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 :

Tim Chung Wins MPNPT Manchester - The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.

MPNPT Manchester Day 2 - Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.

Day 1B MPN Poker Tour Manchester - Day 1B of the £550 MPNPT Manchester Main Event saw the field rise to 285, as players took full advantage of the whole-day re-entry period.

Day 1A MPNPT Manchester - The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days

Kung Fu Rooster Slot Goes Live - Celebrate Chinese New Year - 2017 Year of the Rooster. It's time to sweep away any ill-fortune and make way for incoming good luck, with this exciting 12 lines slot game.

Sensational Sixes Slot Goes Live - Light up Icons like BAR's, black spades, red hearts, blue diamonds, and green clubs. The best part of Sensational Sixes are the three wild icons, for 2X, 4X, and 6X multipliers!

3 New Betsoft Slots - 3 new Betsoft slot Games were also added this week to most online casinos allowing US players.

2017 Bodog Super Millions Poker Open - The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.

Pokerstars Pulls Out Of Coloumbia - Pokerstars Has taken the decision to cease offering real money services to players located in, playing from or resident within Colombia, effective from the 17th of July 2017.

The Railbird Launched By Americas Card Room #acra - Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.

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