MPN’s network model no longer fits the company’s strategic vision: John Coleman, Microgaming CEO
On the 20th of September, leading provider to the online gaming industry, Microgaming, via a press release announced its intention to shut down the Microgaming Poker Network (MPN), one of the world’s oldest online poker networks.
Despite the press release not stipulating any specific closure date, according to expectations, MPN would likely deal its final hand sometime during Q2 / Q3 of 2020. The decision and subsequent announcement by Microgaming officials came upon unfavourable conclusions reached by the software provider after an intensive evaluation of the operational strategies and business portfolio. That evaluation determined that the MPN network structure lost viability in the current market.
John Coleman, Microgaming CEO, stated that the MPN’s network model no longer fitted the company’s strategic vision for their poker product. Current focus places an emphasis on effectively redistributing existing key resources and personnel into other avenues across the business.
He also revealed that despite the network closing, it would not mark the end of poker for Microgaming, a company focused on creating the most enjoyable player experiences that pioneered the way to deliver world leading gaming content. Ultimately, these actions would assist in achieving their vision as they follow a new strategic direction for its future poker product, details of which the company will reveal at a more opportune time.
With its uncertain pending closure date still several months in the future the Isle of Man based games creator assured patrons of the safety of all MPN client funds as well as the company’s commitment to keep all games active until the very end.
With its inception date set 16 years in the past, the MPN remains one of the longest serving online poker networks. Microgaming launched Prima poker as the precursor to the MPN in March 2003, and by 2007 MPN distinguished itself by overtaking iPoker to establish itself as one of the world’s top five largest .com poker rooms online.
Over the past decade and a half, the Microgaming Poker Network evolved and garnered an increasing membership total. Currently, it provides members access to 16 online poker rooms with betting partners such as Betsafe, Betsson, and 32Red.
However, players who decide to seek a potential new poker network or entertainment venue would find the process of elimination made substantially easier, and in the process perhaps saving a notable amount of time if they correctly employ the advice and data provided by one of the industry’s leading affiliates. A trustworthy affiliate such a Betenemy employs the combined experience and knowledge of numerous industry experts to determine and report on the value and trustworthiness offered by both new and long serving online entertainment venues of all kinds.
Alex Scott, Microgaming Poker Network managing Director, said via the MPN blog his team remains committed to serve and complete their task with dignity. All gaming activities will continue as usual until the final closure of the network next year. The company decided against shutting everything down with immediate effect simply because it wished to remain fair to its customers.
He also extended an assurance to players committing that their money remains completely safe, with all deposited monies segregated from operational funds leaving no reason to suspect any financial risk. His message added all current MPN poker rooms have committed to finding new software providers, which by implication suggests players who decide to leave funds in their poker accounts may perhaps be able to keep playing even after MPN shuts down.
Malta Week – Save the dates:
For the first time ever SiGMA Group is bringing its 4 leading shows together for the mother of all conferences. From the 15th to 19th November, SiGMA, alongside AGS and AIBC will bring the best in the business to a first-class meeting point at the Malta Fairs and Convention Centre (MFCC). Malta Week is a chance for investors to leverage the significant crossover potential for multi-faceted business deals and to double down on opportunities to connect with some of the leading affiliates, policymakers, thought leaders, suppliers, and operators in the industry. Register now!