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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 :

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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