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Declining iPoker network hopes to get Everest and Betfair, Pokerfuse

Declining iPoker network hopes to get Everest and Betfair, Pokerfuse | Poker & eGaming News | Scoop.it

Playtech’s impressive first-half financial results released today were marred only by the continued poor performance of its poker platform, iPoker. The group is looking toward both new licensees and a real-money mobile platform to boost its ailing network.

 

Poker understandably received slim attention in an otherwise glowing half-annual report:

The international poker market remained challenging for the first six months of the year, causing poker revenue to fall by 9% to €9.7 million. The iPoker network maintained its position as the leading independent poker network in the dotcom market place, and we are currently in discussions with a number of significant new licensees who wish to join the network.

 

Revealed on pokerfuse last week, one major new licensee in talks with Playtech is is Everest Poker, which plans to shut its independent poker room and join the network. Although considered a micro-network, it would bring a possible 20% boost to player numbers on iPoker. It operates a larger French network, which would completely reinvigorate Playtech’s presence in France. Rumored to be in talks with joining the network is Betfair, which currently operates on the Ongame network but is reportedly looking for a new home.

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Interview with the Queen of French Poker, InsidePokerBusiness

Interview with the Queen of French Poker, InsidePokerBusiness | Poker & eGaming News | Scoop.it

Achieving the status of market leader in the online poker sector in France is no mean feat. But it is what French firm Winamax has managed to do. Overtaking the world leader in cash game player numbers for the past seven months, maintaining that lead and organising the country's biggest poker tour are some of the achievements Winamax has accomplished since France regulated its online gaming and betting industry in May 2010.

 

If some doubted the potential and long-term viability of the Winamax project: the group set on a single-market, single-product strategy, backed up by huge marketing spend, the French operator has confounded its doubters and is now looking to expand beyond its home market. Winamax is also different when set against many of its competitors: all its employees work out of a central Paris office, meaning it pays all French corporation taxes and VAT, the latter charge alone adding an extra 20% to the company's operating costs.

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Gameloft’s second quarter growth gives hope to the mobile market, Mike Minotti VentureBeat

Gameloft’s second quarter growth gives hope to the mobile market, Mike Minotti VentureBeat | Poker & eGaming News | Scoop.it

French publisher Gameloft sales in the second quarter were up 35 percent from the same period last year. This is a boost from a 14 percent increase between the 2011 and 2012 first quarters. Combined, Gameloft reports its profits rose 24 percent during the first half of the 2012 financial year, and it is now expecting total sales for 2012 to reach €200 million (slightly more than $240 million).

 

Smartphone and tablet game sales drive much of this business, and were up 119 percent compared to 2011′s second quarter.

 

Other sources:

http://www.pocketgamer.biz/r/PG.Biz/Gameloft+financial+news/news.asp?c=43549

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Italy, France, Spain & Portugal discuss shared liquidity, Nick Jones Pokerfuse

Italy, France, Spain & Portugal discuss shared liquidity, Nick Jones Pokerfuse | Poker & eGaming News | Scoop.it

The regulators from four European countries convened in Barcelona recently for a two-day meet to discuss regulatory co-operation. As part of a general discussion on information sharing, the regulators discussed the possibility of shared liquidity in online poker.

 

The meeting took place June 19-June 20 between the Italy’s AAMS, France’s ARJEL, Spain’s DGOJ and the Portuguese Santa Casa da Misericordia de Lisboa (SCML), a charitable institution that operates the Portugal National Lottery.

 

Other sources:

http://www.insidepokerbusiness.co.uk/poker/news/1339/european-regulators-discuss-liquidity.html

http://pokerfuse.com/news/law-and-regulation/spain-and-italy-could-share-player-pool-by-2013/

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Young Players Turn Their Backs on Poker in France, Pokerfuse

Young Players Turn Their Backs on Poker in France, Pokerfuse | Poker & eGaming News | Scoop.it

Overall revenue from poker has declined slightly in France, according to the latest quarterly report from French regulator ARJEL. The migration from cash games to tournaments continues, and poker’s popularity has declined among key demographics.

 

Gross gaming revenue for online poker on all regulated French sites declined from €86m to €83m compared to the same period last year. The amount wagered in cash games down almost €100m and tournament entries up 26% to €75m, continuing the trend of players switching from cash games to lower-raked tournaments.

 

The total number of active players fell by 3% and in the critical 18-24 age group by 20%. Even in the dynamic tournament sector there is bad news. Player numbers fell for all groups who enter more than €3k worth of tournaments a quarter. High volume player numbers for those playing over €50k in tournaments a quarter collapsed by 49%.

 

There was growth in the mobile sector. Market leader Winamax has applications for Android and iOS devices. Growth can be expected in the next quarter with PokerStars recently rolling out its popular mobile client in France and other countries in Europe and beyond.

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Everest Poker joining iPoker Network, Dan Katz at PokerNewsDaily

Everest Poker joining iPoker Network, Dan Katz at PokerNewsDaily | Poker & eGaming News | Scoop.it

The long-independent Everest Poker has decided to join up with iPoker.

 

According to PokerScout.com, EverestPoker.com is the 23rd largest online poker competitor in the industry, with a seven day average of 570 cash game players. Its French site, EverestPoker.fr, is actually doing better, sitting in 15th with a seven day average of 650 cash game players.

 

This comes just days before the iPoker Network is to split into two. In an attempt to get its member poker rooms to attract profitable customers, the network will move a select few of its skins to form an upper tier, or “iPoker 2,” while the rest will have to remain on the old network and hope to meet the requirements for inclusion. Those requirements: have a minimum of 6,000 active players per month as well as add least 850 new players per month, each of whom must contribute at least $5 in rake or tournament fees. Other factors, such as deposit to cashout ratios, will also be evaluated.

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French online market increase 8% - poker fell 11% due to World Cup, Gaming Intelligence

France’s online gaming market generated gross gaming revenues of €170m (US$209.4m) for the second quarter of 2012, an increase of 8 per cent compared to the same period last year, with strong growth in online sports betting and horse race betting offsetting a decline in online poker.

 

Revenues were boosted by the continued development of operators’ mobile channels, with approximately 18 per cent of all sports bets placed via mobile and tablet devices. Mobile horse race betting and poker also proved popular with 14 per cent and 18 per cent of customers using mobile devices.

 

French regulated online gaming market - Q2

Euros (€) Q2 2011 Q2 2012
Sports betting Stakes 146m 187m
GGR 25m 35m
Horse race betting Stakes 255m 278m
GGR 54m 65m
Poker Cash game stakes 1,854m 1,515m
Tournament fees 278m 345m
GGR 78m 70m
TOTAL STAKES 2,533m 2,325m
GGR 157m 170m

 

Other sources:

http://www.casinochoice.co.uk/2012/07/30/french-poker-decline-continues/

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IGT/Entraction bans poker players in 50 countries - but not Italy, Nick Jones Pokerfuse

IGT/Entraction bans poker players in 50 countries - but not Italy, Nick Jones Pokerfuse | Poker & eGaming News | Scoop.it

The IGT Network, formerly Entraction, has expanded its list of blocked countries adding 20 new banned countries.

 

Banned countries include: Australia, Spain, Belgium, Cyprus, Turkey, Israel, Norway, Russia, Canada, South Africa, China, Ivory Coast, Monaco, Denmark, France and Estonia.

 

However, one notable omission from the blacklist is Italy: IGT/Entraction apparently continues to allow Italian players without the network nor any of its operators holding a license.

 

IGT, who purchased Entraction and rebranded it at the beginning of the year, was one of the first to receive approval in Nevada for an online poker license.

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Sports rebound offsets French poker decline, Tom Victor EGR Magazine

Sports rebound offsets French poker decline, Tom Victor EGR Magazine | Poker & eGaming News | Scoop.it

Despite a 26% increase in tournament entries, poker revenues dropped 3% compared to the corresponding period in 2011, with much of the decline coming from the 18-24 age demographic.

 

GGR from sports betting rose 7% year-on-year to €37m, its highest figure since Q3 2010, with the number of active players dropping slightly from 111,000 to 109,000. For horse betting the figure rose 20% to €69m.

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