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Pokerstars US Market Share
The planet's biggest online poker operation, Pokerstars.com, took the unusual step this week of playing down its US market share, rather than the more usual claims of how big this important marketing statistic is.
In a company statement, PokerStars announced:
"In recent weeks various commentaries have provided inaccurate estimates about the market share of PokerStars U.S. customers. The figures state that PokerStars U.S. market share is significantly higher than the actual amount, and we wish to correct these estimates.
"While PokerStars continues to serve customers in the U.S. based on the legal advice we have receieved, in terms of both player liquidity and revenue, the US market represents substantially less than 50 percent of our business."
Industry observers interpreted the announcement as an indication that PokerStars wants to be seen to have significant business and player liquidity outside the US, should events in that region change the dynamics of the market.
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For example, legalising the US market could see major players such as Party Poker competing on a more even field following its settlement with US authorities and recently successful bid for WPT. Then there's the possibility of major US companies entering the sector if it is liberalised.
Taking a more pessimistic view, if anti-online gambling measures are more successful, PokerStars may want it to be known that it does not have all its eggs in one basket and has considerable player liquidity elsewhere.
The independent industry monitor Poker Scout reports that PokerStars and its arch-rival Full Tilt Poker have 58 percent of the world's online poker action, and for the year 2009 to date it records that Full Tilt Poker market growth is up 96 percent on last year, whilst PokerStars has shown slower growth of 55 percent.
There is little doubt that PokerStars remains the biggest of the online poker sites, with over 25 million members worldwide. The enterprise holds a number of Internet records that includes being the first to simultaneously host 100 000 cash game players; and it claims to have dealt 31 billion hands and offered more than 180 million online tournaments. Its latest achievement, accepted by the Guinness Book of Records is a proven capability to simultaneously host 200 000 players.
Danske Spil Bingo Moves to Microgaming -
The national lottery of Denmark, Danske Spil, is live on the Microgaming Bingo Network. Danske Spil, the Danish national lottery, is live on the Microgaming Bingo Network following a change to its licence conditions.
Quickfire live on Strendus -
Quickfire powered by Microgaming is extending its reach in the LatAm region with the signing of Strendus. Strendus is the online division of Logrand Entertainment Group. The group comprises several companies that operate gaming and entertainment establishments in Mexico, running 14 land-based casinos in total.
Quickfire content live on BetatHome -
Online gaming and sports betting company bet-at-home was founded in 1999. Today the company has 4.8 million registered customers around the world, offering sports betting, casino, live casino, Vegas games, poker and virtual sports.
Microgaming has donated £30,000 between four charities -
Gift of Giving provides Microgamingís customers the opportunity to vote for one of several charities in their region. In lieu of Christmas gifts, £30,000 is split equally between four global regions: Isle of Man, UK and Europe, Africa, and Rest of the World.
Entertainment Betting Odds: 90th Academy Awards -
The Shape of Water leads Sundayís 90th Academy Awards (8 PM ET, ABC) with 13 Oscar nominations, but when it comes to Best Picture, this highly-acclaimed film is a +140 second-favorite behind Three Billboards Outside Ebbing, Missouri at Ė115.
Fair Play Bets and QuickFire in Deal -
Fair Play Bets enjoys an unrivalled reputation for an outstanding player experience, with secure deposits and withdrawals, surprising casino bonuses and committed customer support. Fair Play Bets is licensed in UK, Malta and Curacao.
Cavaliers Aim to Take Down Wizards on 2/22/18 -
The Cleveland Cavaliers have looked like a different team since making their moves at the trade deadline. The Washington Wizards are up next for the Cavaliers, who will be at home after the All-Star break.
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