Microgaming confirms MPN poker network shutdown
Microgaming, a provider of online gambling games and software systems, has today confirmed that it will move to shut down its ‘Microgaming Poker Network – MPN’ in 2020.
The Isle of Man technology incumbent details that its decision follows a review of its current product portfolio strategy, which will see Microgaming close one of online poker’s oldest operating networks.
Launched in 2003 as ‘Prima Poker’ during the initial heydays of the industry’s online poker boom, the Microgaming network would share player liquidity for tier-1 operators such as Unibet and Ladbrokes.
However, facing fierce competition, consolidation and regulatory demands placed upon poker incumbents, the MPN network has seen its capacity reduce significantly.
John Coleman, Group CEO of 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.”
Source: SBC News
