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ANother Pokerstars Rake Increase
Tuesday March 22,2016 : POKERSTARS INCREASES RAKE IN SELECTION OF GAMES
But says it’s still ahead of the pack in terms of competitive pricing.
PokerStars has reviewed pricing policies and implemented an increase in rake on a number of games in its shared liquidity market effective March 28, 2016 but maintains it still has the “lowest overall pricing of any major online poker operator”.
Key pricing changes include:
- Rake increase in Spin & Go’s of 1 percent for buy-ins from $1 to $30, 2 percent in £3 buy-in’s.
- In multi-table tournaments, PokerStars will match the practices deployed in our closed liquidity markets where rebuys and add-ons incur fees similar to the original entry. These tournaments represent approximately 12 percent of the current main schedule.
- MTT hyper-turbo rake will be increased to 5 percent.
- Cap and percentage of rake will be increased in some no limit and pot limit ring games, mainly heads-up. Some rake caps will be lowered. Limit games will not be affected.
PokerStars expects the overall impact of the average rake increase to be 4 percent.
In a comparison with competitors, PokerStars said it had taken a sample of one million ring game hands played on PokerStars from January 8, 2016 to March 7, 2016 and applied the rake schedule of several online poker competitors to that selection of real data.
“The stakes where players benefit from the biggest cost savings (relative to competitors) at PokerStars are also the stakes that have the highest volume of hands played,” a press statement declared. “When the rake is weighted according to the different volumes of games played at different stakes, the current rake at PartyPoker is 7% more expensive than under the new PokerStars rake. The current rake at 888 Poker is 16% more expensive than under the new PokerStars rake. The current rake at iPoker is 19% more expensive than under the new PokerStars rake.”
In related news, Amaya Inc. gained accreditation for PokerStars from the Responsible Gambling Council (RGC) based on criteria involving operators governing content, quality and breadth of responsible gambling programmes delivered by providers.
“We commend Amaya on its leadership in committing to an independent assessment of the site's responsible gambling program,” Jon Kelly, chief executive of the RGC said.
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 Microgaming’s 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 Sunday’s 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 –115.
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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