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MPN Poker Tour to shut down in 2020 Poker

MPN Poker Tour to shut down in 2020

by Gutshot Editorial Posted on 19 Oct, 2019

This year on September 20, Microgaming Poker Network (MPN) announced the shutting of its online poker operations next year following an extensive internal review of the software supplier’s product portfolio and strategy. MPN has been a major provider to several key brands that will now be looking forward to a new home if they continue to offer online poker to their users.

The major websites Grosvenor Poker, paf, CoolBet, betsafe, Betsson, 32 Red, NordicBet, and OlyBet are under risk. 13-years ago MPN lost RedKings Poker which switched from the iPoker Network to MPN in September 2016. In addition to this, Unibet was another brand to depart from MPN. PKR was also an essential part earlier which eventually was suspended by the network, PKR ceased trading with PokerStars honouring player’s account balances.

Microgaming confirmed that it decided to shut MPN after 16 years of operations and concluded that the network model no longer fits with their strategic vision for poker. Although MPN’s Managing Director Alex Scott wrote that it may swing sometime in 2020. The company’s CEO John Coleman stated, “The end for poker at Microgaming, the company is planning a new strategic direction for the vertical, details of which will be revealed in due course. But for now, Microgaming plans to focus on redistributing key resources and personnel across the business.”

MPN assured its poker players that their bankrolls are secure. It had been working with each of the networks to help them make the migration of new software as simple as possible for their players.

The network is set to close in 2020, Coleman commented, “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.”

For latest updates on poker news and industry around the world keep reading GutshotMagazine.com and stay tuned!

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