Microgaming Announces Poker Network Closure
One of the industry’s leading online gambling providers, Microgaming, plans to shut down its Microgaming Poker Network (MPN) the following year.
Having launched in March 2003, MPN is one of the longest-running poker networks in the world and the home to many online poker operators which will soon have to find a new home for their services.
Things did not seem to head in this direction last year when they Microgaming launched their player-focused platform, however, new Prima poker software seems to have come to an end, too.
After “an extensive internal review of the software supplier’s product portfolio and strategy” that has been mentioned in the official statement, Microgaming came to a conclusion that they had to adopt a very different business model which poker network was not the part of.
John Coleman, CEO at Microgaming stated:
“The network model no longer fits with our strategic vision for poker, and this is the right time to announce the closure as we focus on redistributing key resources and personnel across the business.
While the network will be closing, this is not the end for poker at Microgaming, which is driven to create the most enjoyable entertainment experiences, leading the way with world-class gaming content.
Ultimately, this move will help the business to achieve that vision as we follow a new strategic direction for the vertical, details of which will be revealed in due course.”
The specific date of the network’s termination is not known yet, but it is expected to occur either in the second quarter or the third quarter of next year.
Colemanalso reassured the players that until then, the network will continue functioning as it usually does, with regular promotions, scheduled tournaments and live events, as well as guaranteeing them that the safety of their funds will not be affected.