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PartyPoker's FastForward Falling Short of PokerStars' Zoom Poker

PartyPoker's FastForward Falling Short of PokerStars' Zoom Poker | Poker & eGaming News | Scoop.it

In recent days, PartyPoker's network, which includes sites like WPT Poker, rolled out FastForward, a fast-play option that's similar to Zoom Poker on PokerStars and Rush Poker on the old Full Tilt. According to PartyPoker's website, "You don't even have to wait for the action to hit you; if you don't want to play a hand, just hit the 'Forward Fold' button and you'll instantly be dealt into a new hand. Players at your table won't even know you have folded until it's your turn to act."

According to a recent update from PokerScout, which tracks cash game volume across the major online poker sites, FastForward's popularity has fallen well short of Zoom Poker. PokerScout officials explained the sizable discrepancy: "Although the data is preliminary, FastForward has thus far failed to attract players to the same extent as Zoom Poker on PokerStars. At PartyPoker, 8% to 9% of real money ring game players are in fast-fold games. In contrast, PokerStars had some 25% of players in fast-fold games after the launch in March."

In a March update from PokerScout shortly after Zoom Poker was unveiled, real money ring game traffic on PartyPoker, iPoker, Ongame, and Microgaming all sank by 5%. Where did the players go? PokerStars, of course, which saw its cash game traffic tick up 3% likely due to Zoom Poker.

 

Other sources:

http://www.pokerlistings.com/party-poker-launches-speedy-fastforward-poker-14436

 

Unique to Party Poker is the option to play heads-up FastForward, which is quite possibly the fastest poker game on earth.

 

Full Tilt Poker was originally the first site to the market with its Rush Poker in 2010 but now most major sites offer the variant including Zoom Poker on PokerStars and Speed Poker on Titan Poker.

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Fortuna turnover +15%, earnings -15%, iGamingBusiness

Fortuna turnover +15%, earnings -15%, iGamingBusiness | Poker & eGaming News | Scoop.it

Central and Eastern European online and retail sportsbook operator Fortuna Entertainment Group NV has released its financial results for the first six months of 2012 showing that it experienced a 14.7 percent year-on-year rise in total revenues to €48.04 million.

 

Earnings before interest, tax, depreciation and amortisation for the six months to the end of June hit €10.13 million, which was a decline of 14.7 percent year-on-year, with Fortuna declaring that this area had been impacted by a 212 percent drop in earnings from its lottery business when compared with the same period in 2011 to post a deficit of €3 million although sportsbetting experienced a 2.3 percent improvement to €13.14 million.

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Fortuna’s online growth offsets continuing retail decline, Gaming Intelligence

Central European retail and online gaming operator Fortuna Entertainment Group has reported a 16 per cent increase in total gross winnings to €30.7m following strong growth in the company’s online sports betting offering.Total amounts staked fell a marginal 0.3 per cent to €113.8m following a 5 per cent drop in amounts staked from sports betting to €108.6m during the quarter.

 

Q1 Sports Betting Revenues

Euros (€) Q1 2012 Up/(Down)
Poland
- Amounts Staked 14.9m 9.9%
- Gross Win 6.1m 14.7%
Czech Republic
- Amounts Staked 58.1m (4.6%)
- Gross Win 12.6m 7.0%
Slovakia
- Amounts Staked 34.6m (11.6%)
- Gross Win 9.3m (0.1%)

Total Amounts Staked 108.6m (4.9%)
Total Gross Win 30.7m 15.9m
- Online Gross Win 10.2m 24.2%
- Retail Gross Win 18.0m (1.9%)

 

Q1 Results

Euros (€) Q1 2011 Q1 2012
Amounts Staked 114.2m 113.8m
- Sports Betting 114.2m 108.6m
- Lottery -- 5.2m
Gross Win 26.5m 30.7m
- Sports Betting 26.5m 28.1m
- Lottery -- 2.6m
Revenue 23.2m 27.3m
EBITDA 8.4m 8.4m
- Sports Betting 8.4m 9.6m
- Lottery -- (1.2m)

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