IGT Poker Network to Close in December

0

Licensees of IGT Poker rooms have been sent notices of the planned closure of the IGT network sometime this December. The IGT Poker network was formerly known as the Entraction poker network prior to being bought out last year by gaming giant IGT for $115 million and being rebranded.

Like several other mainly land based gaming suppliers, IGT had set sights on already established online gaming software providers in order to prepare themselves for regulation in the United States. It is speculated that the company’s decision to shut down the IGT Poker Network has largely to do with the recent application for a Nevada gaming license to supply online gaming which can be very prohibitive to overseas operations. A similar reasoning may be what caused gaming supplier Shuffle Master to pull out of the Ongame Network purchase.

The IGT Network traffic has declined significantly over the past 12 months to the tune of about 50% of their total player traffic. One of the primary reasons for the traffic decline is due to the player bans in several key markets like Australia, Spain, Belgium, Cyprus, Canada, Israel, Norway, Russia and Turkey due to regulatory uncertainties and conflicts in those markets with IGT’s core business where they have clients.

If you’ve visited a Las Vegas Casino, some of the better known slot machines produced by IGT include Wheel of Fortune, The Amazing Race, Sex and the City, Star Wars, Indiana Jones and many more titles.

The IGT Poker Network counts some 50 online poker rooms, most of them small. Some of the more known rooms on the network include Noiq , Redbet,24hPoker, Devilfish Poker. There is no word where rooms will plan to migrate to but some network options include Ongame, Microgaming, and Boss Media. It is unlikely that iPoker will welcome any of these poker rooms given their new stringent policies affecting smaller operators.

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here