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Who said that online poker was running out of steam

12/16/09 - An independent online poker information site  marked a milestone in online poker this week when it reported that for the first time 60 percent marketshare rests with just two companies - Pokerstars and Full Tilt Poker. Both companies accept US players and are based outside America.
 
But the interesting aspect of the  numbers lay in the substantial combined growth of the two monster sites, due mostly to the fact that big online poker bonuses are driving alot of new players so be sure to get your Poker Bonus  before you play, which are calculated  at 68 percent, suggesting that predictions of the online poker industry's saturation and fading fortunes may be a little premature.
 
The growth was not confined to the market leaders, either. Other sites increased their traffic by 12 percent, with PartyPoker, Ongame Network, Everest Poker and Bodog all showing growth and the market overall continuing to increase in size.
 
Full Tilt Poker appears to have been doing some catching up on its long term rival and market dominant PokerStars, especially during the second and third quarters of the year, which have seen its growth rate approach and match that of its main competition.
 
Market dominance can be a fleeting glory subject to dramatic changes in the market and the growth of rivals, and this is particularly so in the online poker sector, where the elephant in the room remains the US market and the possibility of legalised online poker either nationally or in individual states.
 
PokerStars and Full Tilt have had things pretty much all their own way since the UIGEA, which triggered the exit of pioneering online giants like Party Poker, and industry consolidation moves such as the predicted merger between Party Gaming and Bwin could add some exciting new competitive dynamics.
 
PokerScout lists the following as the 20 currently largest sites or networks in its Week 50 assessment. The calculation is based on hourly average number of players in a 24-hour period.
 
1. PokerStars 28 600
2. Full Tilt Poker 19 200
3. iPoker Network 5 100
4. PartyPoker 4 600
5. Ongame Network 2 900
6. Cereus Network 2 550
7. Everest Poker 2 400
8. IPN (Boss Media) 2 150
9. Microgaming (Total) 2 050
10. CakePoker Network 2 000
11. Entraction Network 1 540
12. Svenska Spel 1 220
13. PacificPoker 1 120
14. Unibet/Ladbrokes exclusive 1 080
15. Microgaming Poker Network 890
16. PKR 860
17. Bodog 850
18. Betfair Poker 510
19. Merge Gaming Network 400
20. win2day 340

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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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