HighStack Forum
Would you like to react to this message? Create an account in a few clicks or log in to continue.


Welcome to the HighStack.co.uk forum page. We dont just want to be a website that only offers the best online deals, we want to create a community and this page is designed to let you share each others reviews, thoughts and experiences.
 
HomeSearchLatest imagesRegisterLog in

 

 IGT Poker Network Completes Closure

Go down 
AuthorMessage
Highstackadmin1




Posts : 242
Join date : 2012-11-01

IGT Poker Network Completes Closure Empty
PostSubject: IGT Poker Network Completes Closure   IGT Poker Network Completes Closure Icon_minitime15/12/2012, 8:55 pm

The network shut down servers on December 11, the operator confirmed to PokerUpdate.

International Game Technology closed its IGT Poker network (formerly Entraction) this week, after announcing plans to shut up shop in September.

At the time, IGT said it would "consolidate its product development" due to the "change and uncertainty in European market conditions [diminishing] the expected returns in certain real money wagering products."

IGT acquired Swedish-owned Entraction in May 2011 for approximately £70 million ($108 million). However, liquidity shrunk after the network pulled out of markets such as Canada, Israel, Norway, Russia and Turkey last year. It has been the worst performing European network in the last twelve months, losing more than 50% of its traffic.

Many operators had already found new homes before this week’s close, with a number joining the Microgaming network, which recently rebranded as the MPN.

iGame Malta, which owns and operates 24hPoker, NoiQ and Pokerihuone, moved to Microgaming last month; BetVictor (formerly VictorChandler) shifted all brands in September; and Betsson recently launched a room on the network to complement its Ongame offering.

Earlier this month Redbet completed its migration from IGT to the Ongame network, while CardBet transitioned to the Revolution Gaming Network in September.
Back to top Go down
 
IGT Poker Network Completes Closure
Back to top 
Page 1 of 1
 Similar topics
-
» Microgaming Signs Up 188BET For Poker Network
» Full Tilt Poker's First Week Back in the Online Poker Market
» Poker Strategy - Learn To Play Poker for Free
» Skrill completes Paysafecard.com purchase
» Ladbrokes completes external counsel overhaul

Permissions in this forum:You cannot reply to topics in this forum
HighStack Forum :: Poker :: Online Poker News-
Jump to: