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iPoker network Raises Rake
Thursday January 21,2016 : REPORTS THAT iPOKER HAS HIKED RAKE ON SOME CASH GAMES
Players take to popular poker forum to complain, and a petition is in progress.
There appears to be a row brewing on the popular 2+2 forum this week, with players complaining that Playtech's iPoker network made unannounced changes to cash game rake that prejudice players.
There are posts urging players to sign a petition against the rake increase, which reports indicate took place earlier this (January) month and impose a higher cap of Euro 4 instead of Euro 3 per hand on some games; increase the rake per Euro 0.20 in a pot, and take away the reduced rake cap for 3-4 handed play at all stakes
In a detailed article on the changes in Poker News, Matthew Pitt observes:
"On the surface, these changes do not appear to be major and many recreational players probably won't notice them. However, when one delves a little deeper and applies the new rake structure to a typical game, and does so over thousands of hands, the changes are huge."
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Gambling News :
Unibet Name Changed to Kindred Group plc -
Following an extraordinary general meeting at which shareholders approved the change of the Unibet title and brand to Kindred Group plc, the online gambling group will begin trading under the new name on December 12.
Kenya Betting Control Board Reviewing Changes -
Kenya's booming sports betting sector could be facing stiffer government controls, especially regarding marketing, advertising and promotions, according to local media reports revealing that parliament is studying potential amendments to the Betting, Lotteries & Gaming Act.
Britan To Tighten SpreadBetting Controls -
The UK media reported widely Tuesday that Britain's Financial Conduct Authority has announced a crackdown on spread betting using contracts for difference (CFDs) following FCA research that showed 82 percent of clients had lost money in the sector.
Playtech to Buy Back 50 Milliuon in Shares -
#playtech In a statement, the company said that the decision reflects continued confidence in the growth and prospects of the business and its high cash generation, and revealed that it continues to trade in-line with expectations.
Sentencing in Vietnam Gambling Bust -
The People’s Court in HCM City handed down sentences Monday to dozens of defendants linked to a major online sports betting ring dismantled last year by Vietnamese police.
Gamevy in Deal With Betsson -
#Gamevy says it is partnering with several leading operators to deliver bespoke content that offers a real point of difference to players and increases brand loyalty.
Pkr To Offer Virtual Sports -
#pkr The long established and respected online poker and casino operator PKR.com has followed its switch to Microgaming's MPN network earlier this year and the more recent launch of its live dealer offering with a new Virtual Sports attraction powered by Kiron Interactive.
Boris Becker New PartyPoker ambassador -
#partypoker To celebrate the signing PartyPoker has created a Beat the Ace competition in which players get the opportunity to test their skills and luck in four $5,000 freerolls which started December 5. The overall winner will then get to play Becker heads up live in Germany for up to $25,000.
Snowmania Slot Launches -
Capturing the festive feel in the now chilly northern hemisphere, RealTime Gaming has released its December offering, a 5 reel, 20 pay-lines online slot with a jackpot of 37,500 coins.
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