Saturday, August 29, 2009

The Online Poker Marketplace Report: Betfair IPO, Microgaming Banknote Liquidated and More

Welcome to a new affection actuality on PokerNews, the Online Marketplace Report. Every anniversary we'll be bringing you the ups and downs of the online gaming bazaar and all the affairs abaft the scenes at your admired sites. Because really... why apprehend the cyberbanking affairs if we can do it for you.

PokerStars Downplays U.S. Bazaar Share

A address appear this anniversary on PokerScout.com appear that admitting a souring all-around economy, the online poker bazaar has connected to column gains. The better winners? Full Tilt Poker, whose cartage added by 96% and PokerStars, which is up 55% in 2009 over 2008 while the Ongame Network (-27%), Svenska Spel (-17%), and Everest Poker (-13%) are adverse acerbic amateur bases. The address aswell estimated Full Tilt and PokerStars’ accumulated bazaar allotment at 58%. However, in an abnormal move, PokerStars went out of its way to absolution a account downplaying that number.

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While not accurately allotment PokerScout.com, the absolution declared that “a bulk of contempo commentaries accept included estimates about our bazaar allotment in the US which are decidedly wrong.” The account went on to acknowledge that agreement of both amateur clamminess and revenue, the U.S. bazaar represents essentially beneath than 50% of our business” but fabricated a point to reiterate that “after discounting the U.S. market, our clamminess and revenues are still added than alert that of any added online poker competitor.”

Microgaming Banknote Liquidated

Online gaming software behemothic Microgaming appear this anniversary that it was catastrophe its licensing agreements with both Eurolinx and BetonBet Poker, citation the cyberbanking defalcation of the poker rooms’ ancestor company, Linx Media Group. Approximately 30 Microgaming banknote will be attenuated as a result. Unfortunately for players on these sites, payouts are anon up in the air, but for abounding of them, it’s annihilation new. Frustrated Eurolinx players accept been advertisement cash-out problems from the website aback May, with some affairs demography added than ages to complete.

Betfair Preparing for IPO?

Rumors accept been aerial beyond the pond that Betfair is because adopting a massive bulk of basic via an antecedent accessible alms estimated at ВЈ1.5 billion, or about $2.5 billion. Stoking the blaze was a section in the U.K. bi-weekly The Independent advertisement that Betfair was calling in admiral from cyberbanking behemothic Credit Suisse to admonish on abeyant deals. Apparently the Betfair assumption is activity rather optimistic if it comes to the UIGEA getting overturned, which would reopen the floodgates for gaming companies if it comes to the U.S. market. However, the Betfair managing administrator was quick to abolish the fizz as speculative.

GTech G2 Renews Accord with Yahoo

G2, the internet gaming arm of GTech, appear this anniversary that it has renewed their accord with Yahoo to abide to accommodate software for its poker games. Although its hold amateur are alone accessible for chargeless play in the U.S., its U.K. and Ireland arm launched a real-money poker website aback in 2007. In accession to its present Flash-based poker offerings, a G2-designed download adaptation is in the works.

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