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PARTY POKER DELAYS RAKE CHANGE
Friday August 26,2011 : Player resistance causes rethink
Party Poker's plans to change the rake formula announced mid-week came under immediate attack by unhappy players and has reportedly been put on hold whilst the company reconsiders the implications.
The policy change proposed by Party Poker indicated an intention to move to weighted contributed rake from the present dealt rake structure.
In a brief statement this week the online poker operator acknowledged adverse player feedback and promised a decision soon on excluding $3/6 and $5/10 NL hands from the changes.
Players pointed out that such a change would prejudice disciplined and tight players compared to looser playing recreational players, and claimed that the proposed new method offers bigger rewards for the more active players who generate greater rake for the site.
A number of players across the poker message boards actively discussed boycotting Party Poker, estimating that the operator would benefit to the tune of 45 percent more rake at $3/$6 and 63 percent more at $5/$10.
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Gambling News :
Amaya FY2016 Trading Update -
The Montreal-based Amaya online gambling group has issued a trading update covering FY 2016 and improving its forecast revenue and earnings numbers.
LeoVegas To Sponsor Leicester Tigers -
The agreement includes official partner accreditation, media space at Welford Road stadium and matchday tickets and VIP hospitality as well as two pitchside perimeter boards from the 2017/18 season and one for duration of the 2016/17 season.
Optima Information Services iShop -
Industry visitors to the recent TVC Bookmakers Trade Fair in Solihull, UK were much taken by Spanish betting technology firm Optima Information Services' iShop product, and the company went on to win the SBC Best Retail Betting Product award with it last month.
CAGAYAN CHIEF MOVES TO REASSURE LICENSEES -
Apparently $4 million is going into improvements of the Authority’s data centre in the Freeport at Cagayan, whilst another $3 million has been earmarked for an upgrade to data infrastructure located outside the Freeport.
New Massachusetts Online Gambling Bill -
It seems that every two years (give or take a few months) Massachusetts state Senator Bruce Tarr flights an online gambling legalization bill in the state Senate.
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