More fish the objective, say observers

Posted under Uncategorized by admin on Saturday 30 January 2010 at 9:08 pm

Today (January 5th) will see the start of a new policy at the microgaming casinos, according to several reliable sources. Observers say the policy is designed to encourage online poker sites on the network to bring in more “fish” (less experienced and therefore more likely to lose than win) players to ensure that the balance between deposits and withdrawals moves closer to the former.

Poker News, commenting on the move, reports that beginning January 5th, MPN will move from the contributed method of rake calculation, in which the operators’ rake is calculated by splitting pots between the total number of players, to the weighted method, whereby rake per room is generated proportionally according to the amount that individual players contribute to each pot.

“Although this may sound confusing to most people, it essentially means that it pays for Microgaming skins to attract players who are more likely to redeposit when they loose their cash playing. In other words, the sites recognize they won’t make money from successful players who cash out winnings over the long run,” is how the poker information site interprets the policy.

The Microgaming Poker Network is not the first to move in this controversial direction; the general strategy has been extensively and publicly debated by operators for some weeks and is already being implemented by major networks such as Boss Media’s International Poker Network, Playtech’s iPoker network and the Bodog network, which penalise skins with higher withdrawal than deposit ratios. The Merge network is also reported to be pursuing a similar policy.


Plans afoot to launch an online poker tournament facility early January 2010

Posted under Uncategorized by admin on Sunday 10 January 2010 at 8:10 pm

The online division of UK internet gambling group Ladbrokes reports that it has secured a licence from the Italian regulator AAMS to operate a dedicated poker tournament service in Italy. The group plans to launch the online roulette strategy service early in January 2010, following the path of its sibling sportsbook service, which started operating in Italy last year.

With a liberalising trend in the market, Ladbrokes hopes to additionally apply for licences to offer online poker cash games, bingo and casino action into the market in 2010.

“We are committed to expanding the international reach of our online business and Italy is an excellent regulated market opportunity,” said chief executive Chris Bell this week. “We hope that further positive changes in regulations in Italy will allow us to further expand our product range by launching cash games in poker, as well as bingo and casino gaming.” Ladbrokes currently has some 35 000 online gamblers on its Italian books, a spokesman revealed.

Industry consulting company H2 Gambling Capital estimates that the Italian licensed poker business will be worth Euro 280 million in revenues by next year.


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