Louisiana's state-licensed casinos took in nearly us$ 197.6 million from gamblers in July, a 12 % drop in winnings from July 2011 and a 3 % dip from the previous month.
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Scooped by Carl Zide onto Poker & eGaming News |
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The world's least signifigcant poker networks Merge Gaming and Revolution Gaming have started a New Rakeback War, stealing unprofitable players from each other.
At the risk of stating the obvious, rakeback is designed to appeal to a specific type of poker player: the multi-table grinder who generates lots of rake. The short-term benefits these (generally) winning players provide poker rooms are ultimately negated by the fact that these are net-withdrawing players who prey upon net-depositing players. This latter group is the lifeblood of the poker ecosystem, a steady resupply of which is required to sustain this business. Yet smallish poker rooms still view the net-withdrawers as their prize pigs, and are prepared to go to great lengths to attract and hold these players rather than encourage new players that the water in the pool is warm and inviting.
Other sources: http://www.ruffpoker.com/blog/revolution-gaming-brings-competition-to-us-online-poker/ http://www.ruffpoker.com/blog/revolution-gaming-brings-competition-to-us-online-poker/ http://www.gambling911.com/poker/revolution-gaming-could-overtake-merge-within-month-060312.html http://www.gambling911.com/poker/lock-poker-departure-spells-dramatic-loss-merge-060212.html http://pokerfuse.com/news/poker-room-news/revolution-poker-to-start-paying-rakeback-hourly/ Delete the scoop?
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Lock Poker is in the process of acquiring the assets of the Cake Poker Network in order to launch their own online gaming network. The network will be rebranded to Revolution Gaming. The change is expected to take place on June 1, with existing Lock players transitioned to the new platform on May 31.
Lock Poker is currently a skin on the Merge Gaming Network, but previously it was itself a Cake Poker skin, leaving for Merge in May 2010.
The Cake Poker Network will continue much as before under the new name, with all skins invited to continue on the rebranded poker network.
Most skins on both Cake Poker and Merge Gaming Network—including Lock Poker—accept players from most states in the United States, so presumably skins on Revolution Gaming will do the same. Along with Bodog, Merge and Cake make up the largest networks that still cater for US players.
In March 2011, Cake Poker struck a deal with poker portal PokerListings.com, a “strategic partnership” with the aim of driving at least 2000 new depositing players to the network, according to a PokerListings press report. Other reports suggest that the portal purchased 50% of the network. Delete the scoop?
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