The Entraction Poker Network is scheduled to be shut down, according to the owner of the Network, International Game Technology. IGT purchased the network last year for around $115 million and the company has seen the liquidity of Entraction decrease significantly so they made the decision to shut the network down.
The shutdown is expected to take place in December, but a definite date has yet to be announced. A spokesperson for IGT commented on the decision by stating:
“As part of our regular business process, we have been evaluating our resources, products and markets from a commercial and compliance perspective. As a result, we are consolidating our product development, allowing us to combine a number of locations and focus on the most attractive opportunities.
“We remain focused on our interactive casino/slot offering, which has experienced steady growth; as well as our successful social gaming offering with DoubleDown Casino and look to integrate the Entraction products into our overall set of platform offerings.
“Change and uncertainty in European market conditions have diminished the expected returns in certain real money wagering products. As a result, we are consolidating our product development. We are maintaining our options for future changes in market opportunities – This decision is purely focused on our European dotcom business and does not impact future decisions regarding entry into new markets as regulation, taxation and commercial opportunities arise.”
Skins that are currently on the Entraction Network are already trying to figure out which network they will move to now. According to a report on the subject at Poker News Report, iGame Malta, the owner of 24hPoker, Pokerihuone and iGame, are considering joining the Microgaming Network. However, Sami Kurvinen, the iGame Affiliate Manager was reluctant to say whether or not the company will be moving to the Microgaming network in a recent interview but he did state that the company is looking for a new poker network due to low liquidity. Other poker rooms on the network have emailed their customers to let them know they will move to a new network after the closing of the Entraction Network.
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