Bwin.Party to Witness Reduced Revenue Because of Zoom Poker

July 13, 2012

Bwin.Party is the world’s biggest online gaming company. It obtains its license fromGibraltarand serves thousands of people acrossIndia, theUS,EuropeandIsrael. The four products that the company provides are online casino, sports betting, bingo and poker.

Recent trading updates

An update released on the 10th of July make references to ‘continued pressure’ in internet poker’s marketplace as the consequence of Zoom Poker being launched. This new type of poker has taken a large portion of fast-fold online poker market.

About fast-fold poker

Fast-fold or high-speed poker was initially launched by Full Tilt poker and was known as Rush Poker on the site in the beginning of 2010. The fraud by Full Tilt’s board of directors and the Black Friday incident caused this site to shut down, leaving the fast-fold poker sector empty in the online poker world.

The emptiness is now filled by Zoom Poker among others like Microgaming’s Blaze Poker and iPoker’s Speed Hold’em.  Bwin.Party is soon to roll out its fast-fold poker version this year.

Bwin.Party and fast-fold poker 

Bwin.Poker has plans of integrating its Bwin.Poker website on Ongame’s Network with its site called party poker. This is assumed to increase Party.Poker’s player pool by around 20%. The company owns Ongame Network.  Shufflemaster recently backed out of acquiring the network but six other buys are showing interest among which is Zynga.

Bwin’s trading update indicates possible internet poker profits in the future because ofDelawarebecoming a part of the states likeNevadawho have made online poker legal. Various other states have applied for getting licenses for legal online gambling. Bwin.Party is one of the main players in the online poker market. There are various other casino companies and Indian tribes from various states that already have agreements put in place.

About Bwin.Party

The company has software that is featured across 100 online gaming sites. The software is known to be of very high quality and secure for its customers. Bwin.Party has extensively invested in developing their own software, which now offers hundreds of games to players.

Party.Poker draws most of their players and the World Poker Tour, which is a prestigious poker tournament, also features on their profile. If you are looking for a lot of poker action, Bwin.Party’s Party.Poker is the place to go. No matter what time of the day you visit this site or what stakes you want to play, there is always a lot of activity to look forward to.

With their large volume of players, the company has never faced any breaches in terms of security and financial privacy of the players. The site is constantly audited by ItechLabs as they are listed on London’s Stock Exchange, so all the security procedures and financial information of the company are open for inspection by the public.

The competition at this site is soft and the environment overall is very friendly. Some soft competition is found even in the higher limit games.