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iPOKER CONFIRMS RUMOURS OF A LIQUIDITY SPLIT
Friday June 22, 2012 : iPOKER CONFIRMS RUMOURS OF A LIQUIDITY SPLIT
Much-anticipated controversial move designed to “create a better poker environment”
Playtech's iPoker Network has followed press releases on its launch of fast-fold product Sprint Poker with a more controversial advisory on a policy change designed to divide player liquidity by grading operators on their active and new player numbers, with some virtual tables only available to top-tier rooms.
The rumours of a new liquidity policy at the network have been circulating for weeks, but on Thursday iPoker published its plans and how it intends to implement these from July 1 2012.
The company essentially intends to divide players into two separate liquidity pools or tiers, defined by grading network operators on their active and new player statistics, and reserving top tables for top operators.
The top tier will consist of skins that maintain a minimum base of 6,000 monthly active players and recruit at least 850 new real-money players each month. The network will test the numbers provided by operators and a scoring process by conducting monthly audits from September this year.
Skins that cannot meet the minimum requirements will have access only to the second tier player pool.
Explaining its motivation this week, iPoker vowed that it wanted to "maximize the end user experience,” and create a better poker environment by extending players’ life time expectancy on the network and the deposit over spend period for players, reducing what it referred to as the “drain volume" amongst iPoker card rooms.
Observers speculate that the ultimate objective is to attract more recreational players and reduce the number of "sharks" or winning players.
It is expected that major iPoker operators will dominate the top tier, including companies like BetFred, William Hill, Titan Poker, Paddy Power Poker and Bet365.
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Gambling News :
Yggdrasil Gaming Expanding -
The Swedish online gambling games developer Yggdrasil Gaming is to establish a new parent company and expand its Stockholm office as it bolsters its presence in Sweden with a raft of new hires.
FanDuel and DraftKings Settle With NY Attorney General -
Speculation earlier this week that daily fantasy sports market leaders FanDuel and DraftKings were about to agree a settlement on consumer fraud suits prepared by the New York AG was confirmed Tuesday when a $12 million settlement was announced.
Stan james Now Live With EPOS -
The company switched to the Optima server less system across its entire estate in July after previously using Optima EPOS technology. The switch was completed early this (October) month and has already delivered noteworthy savings for the company.
Singapore Online Gambling Ban Begins -
Singapore media reports indicated Tuesday that restricted online gambling services offered by the Singapore Pools have started online operations, whilst Singapore Turf Club will commence online betting activity on November 15.
Pennsylvania Online Gambling Updates -
Pro-online gambling companies, including the Golden Nugget in New Jersey and Pokerstars, were quick to refute Schippers views based on their operational experience.
WSOPE In Czech Republic -
World Series of Poker Europe 2017 has moved to King’s Casino Rozvadov (KCR) in the Czech Republic following a multi-year deal that will see KCR host numerous WSOP-branded events over the next several years.
BtoBet Partners with AfroBet -
Following the launch in Kenya, Afrobet said it has high hopes for further expansion into East Africa, Tanzania, Uganda and Congo.
Pissed off Tabcorp shareholders -
A significant number of Tabcorp shareholders, led by The Australian Shareholders Association, reportedly objected to proposed hikes in executive pay packages and were unhappy with the company plans for a merger with rival gambling group Tatts.
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