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PROPOSED NEW RAKE STRUCTURE EXPENSIVE FOR PARTY POKER
Wednesday August 31,2011 : Player traffic drops 3 percent..
Party Poker's aborted rake structure changes may have cost the poker operator its second place in the top sites. An independent online poker monitor reports that the company's traffic declined by 3 percent last week, allowing Playtech's iPoker network to consolidate its second position in the market.
"The [rake changes] move drew a firestorm of protest, with players organizing a mass "sit-out" on Wednesday at some of the affected limits," the monitor reports.
"The virtual picket line had a profound impact on the targeted games. At $3/$6 no limit hold'em 6-max, for example, the average number of seated players ballooned from 23 to 290, while the average pot plummeted 98 percent from $67.40 to $1.55. The impact at the $5/$10 6-max tables was more limited in scope, but between the hours of 10 am and 9 pm Pacific, player counts more than tripled while average pot sizes fell 87 percent."
Among the top 10 sites and networks, gainers and losers were evenly split at five apiece, Pokerscout reports.
Although iPoker Network saw a fall of 2 percent in traffic, it still had enough steam to outperform Party Poker and claim second place in the rankings. iPoker currently holds a lead of more than 5 percent over Party Poker.
Top 20 movers in a relatively quiet week of internet poker included:
• Winamax.fr moving up to eighth place, pushing Microgaming down to ninth.
• Svenska Spel climbed two spots to 14th, causing IPN and EverestPoker.fr to move down a notch.
• Ongame.fr and PartyPoker.fr traded places in 19th and 20th places, with Ongame.fr coming out on top this week.
According to PokerScout's ACES indicator, online poker traffic (ex- Italy) has decreased by 23 percent in the last year, due mainly to Black Friday.
Year-over-year changes for some individual sites and networks include:
888poker up 126 percent
Merge Gaming Network up 74 percent
Bodog up 68 percent
iPoker Network up 19 percent
The losers are predictably lead by Full Tilt Poker at 100 percent down, followed by the Cereus Network, down 97 percent; International Poker Network (IPN) down 41 percent; Microgaming Poker Network down 24 percent; and Everest Poker down 20 percent.
Gambling News :
$400k Winner at Bodog Casino -
To win, you need to get a pair of Tens or better. Jerry K., however, got a much higher hand than the minimum; he pocketed $397,879 after landing the game’s best possible hand: a royal flush.
NBA : Warriors Win the West; NBA Finals Next -
The Golden State Warriors will play in their third-straight NBA Finals. They completed their sweep of the San Antonio Spurs Monday night, rolling to a 129-115 victory as 12-point road favourites; Golden State opened the season as a –250 chalk to win the Western Conference.
PartyPoker Rakebak -
Partypoker brings back rake back for players. All new ‘partypoker weekly Cashback’ launches.
NHL Odds: Lone Canadian Team Plays on Friday -
“Stingy” is a word that many have used to describe the Ottawa Senators in Round Three. The Sens know that they’re overmatched against a Pens lineup that features the likes of Sidney Crosby, Evengi Malkin and Phil Kessel, but with determined defensive play, Ottawa managed to frustrate the Penguins on their home ice, stealing one of two games.
NBA Odds: Will Cavaliers Be Rusty in Game 1? -
The Boston Celtics needed seven games to get past the Washington Wizards, but they got the job done Monday night, winning 115-105 as 5.5-point home favourites. Next up: the defending champion Cleveland Cavaliers, who visit the Garden Wednesday night at 8:30 PM ET on TNT.
4 New Microgaming Releases in May 2017 -
Candy Dreams is a 720 ways to win, variable reel game. Players spin on a colorful reel area filled with candy treats, as they play towards enticing bonus triggers.
PKR Company Statement Update -
Microgaming can confirm that David R Taylor and Matthew R M Wild of RSM Restructuring Advisory LLP were appointed Joint Administrators of PKR Ltd and PKR Technologies Limited on 11 May 2017 by the High Court, Chancery Division.
Microgaming Wins The Spark Award 2017 -
The Spark Award celebrates organisations that experiment with ways of working differently. Previous winners include GCHQ and Places for People. It’s a part of Spark the Change, a global movement dedicated to empowering people and building happier workplaces.
NHL Predators First Ever Conference Finals Appearance -
With three of the team’s top four point scorers residing on the blueline, the Nashville Predators have found a strategy that frustrates even the best in the West. After qualifying as the lowest-seeded Western Conference team, the Predators made quick work of the Chicago Blackhawks (4-0) and St. Louis Blues (4-1) in the first two rounds.
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