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Pokerstars Player Meeting Update
Friday January 22,2016 : POKERSTARS MEETING WITH PLAYER REPRESENTATIVES: LATEST (Update)
Due to NDAs, a lack of detailed information, but some broad strokes.
The meeting of a high stakes player delegation with Amaya top management this week piqued the interest of many in the industry, but thus far there have been no official statements - joint or otherwise - from either party on the outcome of the discussions.
Explaining that they are bound by non-disclosure agreements due to the sensitivity of information they were given, the players who attended have said only that they are considering the information furnished by Amaya...and Amaya has said nothing at all.
However, a broad brush stokes report on the get together has been provided by poker pro Daniel Negreanu, who is in the unenviable position of middle-man...engaged as an ambassador for Pokerstars, but his own man and a strong advocate for the players.
Negreanu has revealed that the full day meeting was generally professional and courteous, with Amaya CEO David Baazov in and out at different stages and a full squad of senior executives from the company present.
Amaya gave a detailed presentation that included sensitive commercial information, necessitating the requirement for non-disclosure agreements from the players. The presentation explained the need for a shift to a more recreational player focused approach by the company, a move which, among other outcomes, has resulted in the controversial VIP and loyalty program changes that have angered cash game players so much.
The meeting was not confined to this issue, however, and (as Negreanu indicated in a tweet prior to the meeting) the agenda covered a range of poker and business topics. In Negreanu's view, it was a productive get-together with interesting exchanges of opinion and information.
Whilst Negreanu appears to have some personal reservations about the VIP and loyalty changes, or at least on how the initiative was implemented, he has commented that the logic in the numbers presented by Amaya is hard to discount when it comes to the necessity for rebalancing the poker ecology of the group.
Negreanu has also emphasised that the meeting was an exchange of views rather than an exercise in negotiation, and he therefore does not expect to see Amaya reversing its decisions.
However, he has said that Amaya remains committed to listening to Pokerstars and Full Tilt players, and that regular meetings with player representatives will continue to be part of the group's policies.
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Gambling News :
Pokerstars Now Lead Sponsor of Global Poker League -
Alex Dreyfuss Global Poker League has received a significant boost from the announcement by Dreyfuss Mediarex Sports and Entertainment company Friday that online pokers biggest operator, Pokerstars, has signed on as lead and exclusive GPL sponsor.
Betconstruch invests in Ucrafts -
BetConstruct may have also been attracted by the obvious interest in Ucrafts business - the start-up has already gained 5,000 subscribers in just a few months of commercial activity.
Plus500 Founders Selling Off Shares -
Alon Gonen and Gal Haber respectively sold 7.2 million shares, retaining a 10.4 percent interest in the company; and 2.6 million shares, retaining a smaller stake of just 3.6 percent.
Rush Golf Live Launches -
Virtual sports provider Inspired Gaming has announced the launch of its latest product - Rush Golf Live - with Betfred the first operator to carry the game.
GreenTube and Chopsticks In Partnership -
Novomatic Interactive subsidiary Greentube has announced that it has signed a partnership deal with the Gibraltar-based mobile app developer Chopsticks In The Apps Ltd through which it will organize distribution of Chopsticks games through its online, mobile, social and land-based channels.
Singapore Gambling Exemptions Granted -
The issue of certain state-linked commercial organisations being granted exemptions from Singapores tough anti-online gambling laws has been on the table for the past few months and has been the subject of opposition complaints; protest petitions and general argument.
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