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IGT Poker Network Dips 8 Percent On Purple Lounge Closure

Wednesday, May 2,2012 : IGT POKER NETWORK DOWN ON PURPLE LOUNGE DEMISE? (Update)
 
Poker monitor records dip in average cash game players
 
PokerScout reports a dip in the IGT Poker Network (formerly Entraction) of 8 percent which it attributes to the suspension of Media Corp's Purple Lounge operation.
 
The independent poker monitor reported 800 average cash game players on the network, down from 1200 players monitored in February.
 
Other notable year-over-year changes reported include its top three networks listed as PokerStars up 11 percent (the comparison affected by the introduction of Zoom Poker in March 2012), iPoker Network - down 4 percent and PartyPoker, also down 13 percent.
 
Notable gainers include 888poker - 38 percent, Winamax.fr - 30 percent and the Merge Gaming Network - 6 percent.
 
Notable decliners list Full Tilt Poker - 100 percent, Cereus Network - 99 percent, and the International Poker Network - 49 percent.
 
Small but interesting reports the Chico Poker Network (formerly Action Poker Network) up 277 percent and Everleaf Gaming Network down 45 percent.
 
According to PokerScout's ACES indicator, year-over-year the global online poker market (ex-Italy) has decreased by 20 percent in the past year.

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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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