Entain is looking to sell partypoker
Link - https://pokerfuse.com/news/industry/2207...
Entain, the owner of partypoker, is interested in selling what was once the biggest online poker room in the US.
Partypoker's cash game traffic has plummeted over the years thanks mostly to it exiting all the grey/unregulated markets.
It will be interesting to see who buys it.
Likely candidates could be DraftKings or MGM Resorts.
BetMGM Poker uses partypoker's software in the US.
Party couldnt be more dead
Give it a normal cash game lobby and maybe I'd deposit something
They ****ed up so hard with spins also. Sad times.
i have only played some low stakes on party poker lately but that side is super bot infested in both spins and husng.
they limited alot of UK players deposits aswell, theyve limited me to a max loss limit of £100 a month as im unemployed, im guessing the same thing has happened to a lot of UK players on entain
Told these morons that their site will eventually die few years ago when the removed HUDs and hand histories and also made all players periodically change nicknames to hide bots and cheaters yet telling everyone how they eradicated bots and no bot is playing anymore. Can't get more shady then this.
I found old theread made about this by Max Value Software (owners of HM and PT): https://forumserver.twoplustwo.com/29/ne...
they limited alot of UK players deposits aswell, theyve limited me to a max loss limit of £100 a month as im unemployed, im guessing the same thing has happened to a lot of UK players on entain
How do they know you’re unemployed? Im U.K. but still never had any problems depositing on party/pokerstars, I do have a max $100 on GG and 888 every withdrawal gets flagged and checked which takes weeks.
Face facts.
To a typical soulless corporate owner, poker is the red-headed stepchild of gambling, online or live. That is a reality of the poker industry for the last 30 years or so.
I will buy it for $1.
How do they know you’re unemployed? Im U.K. but still never had any problems depositing on party/pokerstars, I do have a max $100 on GG and 888 every withdrawal gets flagged and checked which takes weeks.
they asked me to prove my income with an affordability check, asked for bank statements/wage slips etc
Face facts.
To a typical soulless corporate owner, poker is the red-headed stepchild of gambling, online or live. That is a reality of the poker industry for the last 30 years or so.
Thats more on the brick and mortar side where you have to allocated a ton of floor space and employment to make it work.
Online is basically free money if you don't mismanage it completely. I'm assuming most rooms with traffic that report any sort of loss are doing creative accounting.
I'm always amazed at how badly run these once great poker sites are. I know online poker is essentially dead compared to what is was, we all know the reasons and it's clear as day that traffic has plummeted and games are terrible compared to 2004-2014 (it's night and day obv). But surely there must be a way of making it profitable and exciting to operate. At the same time it's been an odd irony and intriguing that live mtts are booming in most stops in most countries, so one can assume that the game isn't less interesting and there's demand to play it - but perhaps to get people to trust online poker again takes too much effort and it's not worth the investment which is sad. Some things are out of the operators hands such as legal stuff such as KYC issues (UK is a good example of this) or dumb segregation pools/laws, but I think the most problematic is that people hearing of cheating either by bots/RTA or collusion or even worse which I think alot of recs think - superusing/rigged - which saldy have been proven even recently, it's enough to put anyone off.
A good example was PKR, that site was a gold mine as pro, but also was actually quite a fun experience for anyone who played, if you weren't a mass tabling rakeback grinder. They had a good brand, good USP, good community and still managed to fail, so maybe I dont understand the profitability or funding that's required to make these things work, but past software/security and some marketing, if you run a slim operation why isn't it something that entices an operator to bother it. The people who bought PKR out of administration are an online casino company called VideoSlots and since then have not done anything with it - surely just keeping it as it was, filtering some traffic from slots to it would be a proftiable endeavour and good for the brand, because it works vice versa-> send poker players to slots, brand awareness etc.
Online poker is not dead, the legacy sites just didn't go with the times (global markets via crypto access). Remember, poker sites are allowed to offer poker to US players for example, just no banking.
Make bad decisions, go extinct - sounds pretty fair to me.
Online poker is not dead, the legacy sites just didn't go with the times (global markets via crypto access). Remember, poker sites are allowed to offer poker to US players for example, just no banking.
Make bad decisions, go extinct - sounds pretty fair to me.
Well, there are 2 global facing crypto sites (Coinpoker and WPN), Coin is dead basically, you're lucky if theres a few tables of mid-highstakes and most of it is PLO5, WPN is infested with bots/cheaters. Crypto is all well and good for pros, people who know crypto and it has its place, but the main issue is John Smith drunk on a friday night after the pub, doesnt have a clue how to use it and if they do, it's not as easy as using your card, it takes time, is very costly if you dont already have crypto and is a barrier to entry. Also generally games are infintly tougher hats not up for debate, pro:fish ratio is heavily skewed with pros.
I guess because online poker is still an option you're technically right. But you're obviously wrong.
I love it when players who are bad at the game keep saying online poker is dead when it's doing just fine. Esp with mtts. Fenced markets regulation etc is a bitch but saying it's dead is just stupid coming from a most likely stupid person. Peace.
Link - https://pokerfuse.com/news/industry/2207...
Entain, the owner of partypoker, is interested in selling what was once the biggest online poker room in the US.
Partypoker's cash game traffic has plummeted over the years thanks mostly to it exiting all the grey/unregulated markets.
It will be interesting to see who buys it.
Likely candidates could be DraftKings or MGM Resorts.
BetMGM Poker uses partypoker's software in the US.
Waiting for the blog post or youtube video looking back at Party Poker's decision to abide by UIGEA and pull out of the US market in 2006. It was still the largest online site, but was dipping heavy with PS and FTP tossing ad dollars into the US.
IIRC, Party's decision to pull out of the USA post UIGEA was motivated by the company being in the process of going public with an IPO, and thought that potential investors would quite understandably be concerned about operating illegally in the US market.
deffo do agree with better regulated betting markets in the uk, but these affordability checks are invasive. can i ask have pokerstars limited you?
havent been limited on stars, GGpoker have put monthly limits on me aswell but are alot higher than entain, monthly deposit limit of $1200 on GG
I love it when players who are bad at the game keep saying online poker is dead when it's doing just fine. Esp with mtts. Fenced markets regulation etc is a bitch but saying it's dead is just stupid coming from a most likely stupid person. Peace.
Sure. Because RTA, never ending collusion and bot-rings aren't a thing. The only issue with online poker is fenced market regulations.
And I'm the stupid one here......
Delighted their removal of HUDs has not been a success. Could have incorporated a simple built-in HUD like GG as rumored but chose to completely alienate multi-tablers. Good riddance.
If I was rich enough to buy it, I would copy everything GG has done except have normal rake
IIRC, Party's decision to pull out of the USA post UIGEA was motivated by the company being in the process of going public with an IPO, and thought that potential investors would quite understandably be concerned about operating illegally in the US market.
Partygaming went live in June 2005. The legislation didn't happen until September 2006