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INTERNET POKER GAINS FOR EUROPEAN OPERATORS
Tuesday July 5, 2011 : It's an ill wind that blows no one any good....
Latest reports from the independent online poker monitor PokerScout indicate that European operators have recently been receiving increased traffic, probably from the embattled Full Tilt Poker.com.
Ladbrokes Poker has reported a 100 percent boost to its player acquisition stats in the period immediately following Alderney's suspension of the Full Tilt licence last week, and PokerStars and Party Poker have both made significant gains
Now PKR.com, which recently launched the new lite version of its 3D software, is also reporting a 32 percent rise, whilst the US-facing Cake Poker Network experienced a 41 percent increase in cash-games activity.
PokerScout reports that some 57 percent of the traffic lost by Full Tilt has already been absorbed by other sites over the past week, with the following sites benefitting since Full Tilt was compelled to shut down:
PokerStars +15 percent
Party Poker +23 percent
iPoker Network +13 percent
888 Poker +16 percent
Microgaming Poker Network +7 percent
Entraction Network +7 percent
International Poker Network (IPN) +20 percent
Cake Poker Network +41 percent
Bodog +3 percent
PKR +32 percent
Industry-wide, the year-on-year picture for internet poker is less than bright, with PokerScout reporting that the total worldwide online poker market has suffered substantially since the enforcement action on April 15, with online poker traffic (excluding the dedicated systems in France and Italy) down by 27 percent overall.
Year-over-year changes include the following traffic increases and declines, according to PokerScout numbers:
The good news first - these operators have shown notable year-on-year gains:
Merge Gaming Network up 113 percent
888 Poker up 107 percent
Bodog up 39 percent
Not so fortunate are:
Full Tilt Poker currently down 100 percent
Cereus Network down 95 percent
International Poker Network (IPN) down 41 percent
PokerStars down 17 percent
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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