Issue N25, 2011

July 6, 2011

Party Poker Introduces Rake Free Gaming

With so many hot deals in the online poker industry, it stands to reason that gaming sites will be falling over backwards to beat the competition with promos and specials. However, the best one we came across this week was the announcement by Party Poker that it would be removing the rake charge for all its multi table tournaments for a limited time. As such, all fees previously charged will go directly into the prize pool for players to take home.

A statement issued by Party Poker said that “in an industry first, all multi-table tournaments on PartyPoker.com are completely rake-free.”

“Fees being waived on multi-table tournaments is just another reason why there has never been a better time to play at PartyPoker.com in a secure environment where prompt payments are guaranteed whether you are a micro or high-stakes player. We will continue this outstanding value promotion for as long as we can. We are already pleased with the positive response to this move we have seen from the poker community.”

A unique freeroll competition will be also be run on August 7th, with a generous $100K prize up for grabs, according to the online poker room.

Mobile Gamblers on the Rise

The UK mobile gambling group, Probability, showed its financial results for the time period April 1st to June 30th, revealing strong numbers in the amount of player deposits and the wagers placed during this time. Probability said that player deposits were 82.6% higher compared to last year, while record wagers were placed in June. Net gaming revenue stood at £1,572,000. Probability also announced a commercial deal with the Mexican based Grupo Caliente, in a bid to introduce casino, racing and bingo in the Latin American market, and which is expected to launch sometime this year.

“This was a great quarter again for us; we grew player deposits and numbers despite this being the Bank Holiday season, launched more white labels and progressed our relationship with Caliente, our first engagement outside Europe,” said the group’s Chief Executive Officer, Charles Cohen. “Sharp eyed investors will note that Net Gaming Revenue for the quarter was slightly below that in the previous quarter, despite the increase in player deposits. This was due to a number of customers winning £10,000 – £20,000 each on some of our more popular slots during May and June. The payouts were however within the expected parameters of the games and are in themselves no cause for concern. Big winners in a business like ours are something to celebrate, and some of the lucky winners have agreed to publicity.”  

Barcrest Launches King of the Aztecs Slot Game

The Barcrest Group, which is a subsidiary of the US-based International Game Technology (IGT), has announced the launch of a brand new slot game in the form of King of the Aztecs. The game is hugely popular at land based casinos already, and it was only a matter of time when the game made its way online. The theme of the slot game is based on the ancient Mexican empire, and is rich in features, such as wilds and scatters. Players can opt to wager for as little as 5p a spin or as much as £400 a spin!

“Our portfolio of premium Internet game content is growing steadily and King of the Aztecs is proving to be a very attractive addition to the library,” said the Director of Business Development for Barcrest Group, Alex Stephens. “With the game already established across a number of channels we have created an appealing new gaming brand with widespread recognition among players”.

32Red Casino Launches Summer Holiday Bonus Promotion

32Red Casino, the premier Microgaming powered online casino, announced that it is running a bonus festival to celebrate the summer months ahead of us. The six week promo will reward bonuses to players on a weekly basis, and will run from July 4th up until August 12th. This means that the action is hot and the rewards hotter!

The schedule of the Summer Holiday Bonus Promotion rewards £32 a week to players who make a deposit of £32. In the July 9th – 15th promo, as well as the August 6th – 12th promo the minimum deposit is £50, while players only need to deposit £25 on July 16th – 22nd and July 30th to August 5th.

To claim the bonus, players simply need to make the required deposit into their 32Red Casino account and click the required links, before the money is automatically credited into their accounts. The credits can then be used to enjoy a wide range of online casino games, thanks to the massive choice offered by Microgaming. As a reminder, 32Red has won multiple rewards, including the award for best casino of the decade!