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WPN Upgrades the Online Poker Industry with Major Innovations

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WPN Upgrades the Online Poker Industry with Major InnovationsReading Time: 2 minutes

 

The Winning Poker Network (WPN) has been hard at work reinvigorating the online poker industry, which has become somewhat stale in recent years. By embracing technological innovations like cryptocurrencies, introducing new games like Six Plus Hold’em, and catering to high rollers, WPN is offering poker players a better experience and delivering more traffic for its affiliate partners.

“The online poker industry has been languishing some, but we’ve got the prescription to help the game thrive again and that’s innovation,” stated Michael Harris, WPN Affiliates spokesman.

WPN processed its first Bitcoin transaction in 2015 and now accepts over 60 different cryptocurrencies for deposits and withdrawals. Despite accounting for just 2% of business in the first year, cryptos now represent a whopping 60% of all transactions across the network.

Cryptocurrencies are instrumental in driving traffic and increasing player value.  Bitcoin and other options are also dramatically cheaper to process.  Compared to traditional banking methods which cost 13% on average to process, cryptocurrencies cost sites just 2%.

Although traditional Texas Hold’em does have its share of defenders, attracting new fans has been difficult for online card rooms in 2018.  With an abundance of instructional material available online, the games have become tougher and less appealing for recreational players. By evolving alongside the game and offering new variants like Six Plus Hold’em, WPN is able to appeal to new and recreational players.

With no 2 through 5 cards in the deck and modified hand rankings, Six Plus Hold’em players can expect bigger hands, more action, and larger pots.  WPN sites are proud to offer Six Plus Hold’em for both tournaments and cash games.

WPN is embracing high rollers by hosting frequent $1,000,000 GTD tournaments with a $2,650 buy-in.  Designed for high rollers who have seen their VIP rewards cut by competing online poker rooms, these tourneys have amassed a huge following in just a few short weeks. While they were originally designed to be temporary, the big turnout means they will become a regular staple on the Sunday schedule.

While many poker sites consider high stakes players to be undesirable, WPN welcomes them with open arms in other ways.  The site’s new $50/$100 7-day no-rathole tables are a favorite of players with deep pockets, but they’re also popular with railbirds who love watching players build six-figure stacks. 7-day no rathole tables feature a 10 big blind buy-in and require players who return within a week to come back with the same amount they left with.

More information on WPN’s latest innovations and promotions can be found here.

 

About WPN:

Since 2001, The Winning Poker Network Affiliates Program has supported one of the most trusted online poker networks in the industry. They are dedicated to delivering exceptional player conversion rates while focusing on retention and reactivation of players for partner affiliates. They offer a full suite of marketing and content resources and maintain a solid reputation with grade “A” payments.

Source: Latest News at European Gaming Media

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UNITE HERE Warns About Potential Gaming Tax Revenue Declines, Job Cuts, and Other Problems of Proposed Merger of Eldorado Resorts and Caesars Entertainment

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Eldorado Resorts and Caesars Entertainment jointly announced a proposed transaction to combine the two corporations, pending shareholder and regulatory approvals. The deal is to be based on $7.2 billion of new debt financing and $500 million of cuts and other “synergies.” UNITE HERE, the hospitality workers union, represents approximately 25,000 workers at Caesars and Eldorado properties.

UNITE HERE-represented union casinos accounted for approximately 68% of the pro forma $30 billion combined Caesars-Eldorado EBITDAR in 2018. These 22 UNITE HERE union casinos altogether include over 50% of the combined company’s total hotel rooms, over 30% of its total slots, and nearly 40% of its total table games. UNITE HERE locals are currently in contract negotiations with Eldorado at Circus Circus Reno and Isle Pompano Beach. Contracts at six additional UNITE HERE union casinos in the combined Caesars and Eldorado portfolio will expire in 2020, including four properties in Atlantic City.

UNITE HERE issued the following statement from President D. Taylor:

“UNITE HERE has had a positive relationship with Caesars Entertainment over the years, and 25,000 union members have been excited to help the company reinvest and rebuild as it recovers from the disastrous leveraged buyout led by Apollo and TPG. It is in this context that we approach the proposed sale of the company with great concern.

Yesterday, Eldorado announced cost-savings of $500 million in the first year of the combined company. Where are they going to cut? We will not stand by idly if the proposed Caesars-Eldorado transaction will lead to significant job losses, worse wages and benefits for our members, and lower state gaming tax receipts in the many communities where members we represent work and live. Casinos operating under privileged licenses are meant to create significant benefits for host communities, including family-sustaining jobs and local government funding based on gaming taxes.

We will support changes at Caesars that preserve the company’s long-term financial health and provide a sustainable path to good jobs in vibrant gaming markets across the country.”

2018, 7,700 UNITE HERE members went on a multi-city strike at Marriott hotels across the United States and won historic settlements in Boston, Detroit, San Francisco, San Jose, Oakland, San Diego, and Hawaii.

UNITE HERE represents over 300,000 hospitality workers in gaming, hotel, and food service industries in North America and provides analysis from the perspective of those who work in these industries.

 

Source: UNITE HERE

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: UNITE HERE Warns About Potential Gaming Tax Revenue Declines, Job Cuts, and Other Problems of Proposed Merger of Eldorado Resorts and Caesars Entertainment

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UK NHS to Open Gambling Clinic for Children

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The UK’s NHS is going to open its first gambling clinic for children.

According to the Gambling Commission, there are 55,000 children classed as having a gambling problem in Britain. The Commission also found that a total of 450,000 are gambling regularly.

“This action shows just how seriously the NHS takes the threat of gambling addiction, even in young people. The links between problem gambling and stress, depression and mental health problems are growing and there are too many stories of lives lost and families destroyed,” Simon Stevens, the NHS England chief executive said.

The move was welcomed by Carolyn Harris, the Labour MP for Swansea East, who said attitudes around problem gambling was at last shifting. “For too long the industry has dismissed problem gambling but now is the time for polluters to pay,” she said.

“The clinic will open as part of a new network of services for addicts being rolled out as part of the NHS Long Term Plan. Specialist face-to-face NHS treatment for gambling addiction has only been available in London but is being made available across the country as part of the new strategy,” NHS England said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: UK NHS to Open Gambling Clinic for Children

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Mobile Betting Bill Fails to Progress Through New York Assembly

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Senator Joseph Addabbo’s mobile betting bill has failed to progress through the New York Assembly. The legislative session saw S17 fail to progress beyond the Assembly Standing Committee on Codes.

Addabbo tweeted that he saw no clear reason why the state could not implement mobile sports betting in 2019. Failure to do so would see the state miss out on around $75m in revenue, funding for education, and both job creation and retention.

“NY will be stuck like a disabled car on the shoulder, while we allow an illegal sports betting business in our state thrive and idly watch other neighboring states pass us up with enormous revenue gains from mobile sports betting,” Addabbo said.

Source: Latest News at European Gaming Media
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Mobile Betting Bill Fails to Progress Through New York Assembly

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