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PEAK GROUP MOVES POKER INTERESTS TO PLAYTECH


Industry observers are speculating on this week's decision by the Peak Entertainment group in Malta to move its online poker action over to Playtech's iPoker network. The change will involve Sun Poker and the poker activities of the long-established CS Casino and Omni Casino, and is scheduled to take place next (December) month.
 
The consensus seems to be that the decision by Cryptologic - which currently powers Peak operations - to move its poker and network interests to Boss Media's International Poker Network did not resonate with Peak management.
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Peak Group Malta announced Tuesday that its Sun Poker online poker site, along with Omni Casino and CSCasino.com, will be moving to Playtech’s iPoker Network effective mid-December. Players will be able to remain on the Cryptologic Network until January 31st, 2009. Players will have new accounts opened for them on the iPoker Network and will need to download new software in order to transfer their balances over and play.
 
They will join players across the world on the growing iPoker Network, competing against members of poker rooms like Titan Poker, Betfred Poker, Expekt Poker, Kiwi Poker, Noble Poker and VC Poker.
 
Loyalty points accrued by Peak players cannot be transferred over to iPoker, but the company is making alternative arrangements in the shape of a special promo once the switch to iPoker has been completed.
 
With a transfer date of mid-December, Peak players will unfortunately just miss the third edition of Playtech's European Championship of Online Poker, which last time around provided $2.85 million in prizes and pulled in some 44 000 players.
 
The loss of the Peak poker operations is a tough blow for Cryptologic's poker enterprise, following as it does the recently announced partnership of Playtech with long-standing Crypto licensee William Hill, and the more recent decision by the World Poker Tour to fold its online poker cards before its contract with Crypto is complete. However, on the positive side is the news that World Poker Tour's online operation, which is closing Thursday November 20th, is referring all players to Cryptologic's InterPoker.com.
 
InterPoker is offering WPT members a sign-up promotion that features a matchplay cash bonus of up to $500 as well as a Flip Ultra camcorder. Players will have to open new accounts at InterPoker, and must withdraw all WPT positive account balances funds by Thursday.

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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.

Another Mega Fortune Dreams jackpot for Euro 3.5 million - In a statement Friday NetEnt advised that the lucky player is a 62-year-old woman from central Finland who won the seven-figure sum from a Euro 1 stake.

Stanleybet has filed a legal action against the government of Cyprus - Bookmaking firm Stanleybet has filed a legal action against the government of Cyprus, claiming Euro 12.5 million as compensation for what it claims is loss of profits and opportunities, prejudice to image and business reputation and legal costs.

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.

Golden Nugget Las Vegas Launches New Betting App - Golden Nugget Las Vegas has unveiled a sports wagering app offering Nevada punters the comfort and convenience of being able to wager from anywhere in the state.

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.

Las Vegas Sands Fined for foreign bribery allegations - #lasvegassands Las Vegas Sands, the land casino company owned by multi-billionaire US mogul Sheldon Adelson, has again had to cough up a stiff penalty for non-compliance with the law.

Libratus AI Program Destroying Human Poker Opponents - #Libratus With 40,340 hands played (about a third of the 120,000 planned) Dong Kim is down $29,506, whilst Jimmy Chou ($113,7728), Daniel McAuley ($141,877) and Jason Les ($186,489) are all carrying losses.

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