Some sad news came out of the Isle of Man Microgaming offices at the end of last week, with confirmation that Microgaming will be closing their Microgaming Poker Network down next year, in 2020.
The Microgaming Poker Network, formerly known as the Prima Poker Network, has been in existence for over 15 years and was one of the first online poker networks to offer players Anonymous Tables. Indeed, prior to the introduction of the UIGEA back in 2006, the growth of the what was then known as the Prima Poker Network, had been such, that the likes of Party Poker and Poker Stars had a very real live competitor on their hands.
Unfortunately the announcement from Microgaming on Friday afternoon just gone, confirms that the end of the Microgaming Poker Network is now upon us, with a closure date of at some point in 2020.
The decision to close the Microgaming Poker Network comes after the casino software giant carried out an ‘extensive’ internal review of the company’s product portfolio and strategy.
Liquidity of players on any poker network is a very important aspect and this decision would not have been taken lightly by Microgaming, especially as the network is an award winning product, that has helped contribute to the company’s success over the years.
Speaking about the decision to close the Microgaming Poker Network, Chief Executive Officer at Microgaming, John 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.”
Microgaming will continue to update players on the MPN Blog which can be viewed and accessed here, with the company also confirming that online tournaments, cash games and promotions will continue to remain available.