GTECH Expected to Close Dot-Com Online Poker Network 526yl

Network owner plans to stick to nationally regulated markets, pokerfuse understands.

Note: This article is an abridged version of an article previously published on pokerfuse PRO.

GTECH’s SPIELO G2, formerly Boss Media, is planning to close its dot-com “International Poker Network” (IPN) and concentrate on regulated markets by Q2 2014, according to a source close to the matter. 63g6p

Svenska Spel.

The dot-com network skins which would be immediately affected include brands such as Redbet, Poker Heaven, Virgin Games Poker and PokerKings. Paf Diamond Poker which operates under an Åland Islands license in Finland could be retained under the strategy.

A representative from GTECH was not able to comment on the report.

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This is an abridged version of an article previously published on pokerfuse PRO.

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Jocelyn Wood, Editor Joss is a graduate in English from the University of Birmingham and has a Master’s Degree in Organisational Development from the University of Manchester. His career path has taken him from the British Army, through business & finance to seven years as a successful professional poker player. His experience of the European Union, law, ing, finance, regulation and online poker provide the basis for his insights in the PRO specialist categories of Industry and Law & Regulation. As CEO he steered his own company through full Financial Services Authority regulation, and was asked by Morgan Stanley to take their UK mortgage business through the same process. Although British, he lives in Arequipa, Peru, set high in the mountains and surrounded by volcanoes. He is married to a Peruvian and has three children.

Article published on December 09, 2013.

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