One of the world’s largest online gambling software providers plans to shutter its online poker platform next year, after the Microgaming Poker Network (MPN) recently announced that it will cease operations by 2020.
In a press release issued on September 20, Alex Scott – who serves as managing director of poker for MPN – confirmed that Microgaming’s collection of 20 online poker rooms will no longer utilize the company’s software:
“I’m sad to confirm that Microgaming Poker Network will close next year.
For some time now, I’ve been carrying out an extensive review into the poker product here at Microgaming, with input from poker industry experts, independent consultants, and my colleagues around the world. The conclusion of the review was that, for poker to be as successful as possible, we had to adopt a very different strategy and business model. Ultimately, the poker network is not part of that vision.
All of us in the Microgaming poker team are committed to seeing this out with dignity. More than that – we want the poker community to have fond memories of the network we have invested so much of our time and energy in.
So you can expect the network to continue operating as normal, with a full offering of tournaments, cash games, promotions and live events, until we close next year.”
Which Online Poker Sites Will Lose MPN Services?
Based on the Isle of Man, Microgaming is a leading provider of iGaming software, a vertical which includes online casino and poker platforms. But as Scott alluded to, the slow erosion of online poker’s popularity (https://www.gambleonline.co/new-jersey-online-poker-revenue-plummets/) among iGaming enthusiasts over the last decade has compelled Microgaming to part ways with its MPN product.
The MPN online poker network is comprised of 16 unique “skins” which operate in regulated European and international markets:
- 32 Red
- Cool Bet
- One Time Poker
- PCF Poker
The MPN platform previously served major online poker providers like Unibet, but that Malta-based firm opted to operate its own standalone service back in 2014.
MPN also lost the RedKings Poker skin in April of this year, after the latter ceased trading in April of this year to conclude a 13-year run.
What Does the Closure of MPN Mean for Players?
In his official statement, Scott offered MPN players the following advice regarding their online poker accounts and bankrolls:
“If you have money with one of the MPN poker rooms, you don’t need to be concerned and you can continue to play as usual.
Every one of our poker rooms has told us they intend to find a new supplier for poker software, and we intend to help them make the migration as simple and smooth as possible, for players and their business in general.
We hope that you will choose to continue playing on the MPN until we close. We plan to provide a full service until the closure next year, including a variety of promotions.”
Scott also informed players that the decision to close MPN won’t have any immediate impact, as Microgaming plans to continue running its poker platform until the second or third quarter of 2020.
Additionally, Scott advised MPN players who qualified for seats in the live MPN Poker Tour’s upcoming Malta stop this October to attend the event as per usual.
As for subsequent MPN Poker Tour events, however, Scott directed qualifiers to hold off on any travel plans until Microgaming contacts them regarding the company’s future plans:
“Anyone who has won a package or seat to an MPN Poker Tour event will be contacted in due course, and will be dealt with completely fairly and transparently. All packages and seats will be honoured in full.”