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IPN Bad Beat Jackpot

Boss Media's International Poker Network has paid out one of the biggest bad beat jackpots yet, awarding an unlucky-turned-fortunate player and tablemates some $590 000 (Euro 412 781)
Player 'AlkaliEars' may have been disappointed when he lost a hand despite having Quad Jacks, but his dismay turned to triumph when he was told he had just hit the network's biggest yet Bad Beat Jackpot. Pokerstars
"I was so sure my four Jacks would take the pot. My heart sank when my opponent revealed four Kings to beat them," said AlkaliEars. "But then I remembered that by losing with such a great hand I had won the Bad Beat jackpot!"
AlkaliEars received Euro 144 473 of the Euro 412 781 jackpot. The winner of the hand picked up an extra Euro 72 236 and the other players at the table each got Euro 24 078. The new Jackpot is already over Euro 90 000, an IPN spokesman revealed.
"The Bad Beat Jackpot was created to help ease the frustration of losing even when you're dealt great cards," said Mery Blomqvist, head of marketing and PR at Boss Media parent GTech G2. "With a jackpot requirement starting at Quad 6s, this has got to be the easiest Bad Beat Jackpot to hit anywhere!"
To qualify for the Bad Beat at IPN poker rooms, players must be at a designated Bad Beat table and use both pocket cards in their winning or losing hand. The losing hand must be four-of-a-kind sixes or better. Four or more players must be dealt into the hand.
The IPN recently celebrated its 3 000 000th player and dealt its billionth hand last year. The network includes such popular poker sites as Virgin, Poker and the poker room,  and regularly hosts guaranteed Euro 1 000 000 tournaments.

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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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