What is PokerStars future under new ownership going to be like? Since The Rational Group has been acquired by Amaya Gaming, what is the future going to be like for companies PokerStars and Full Tilt Poker?
The best part about Amaya Gaming is the amount of gaming licenses they have worldwide with more than 100 licenses including: UK and New Jersey.
Under new ownership PokerStars future in US is looking bright and will launch in New Jersey within the next few weeks.
Full Tilt Poker has dropped significantly in poker rankings since Amaya have started to focus on online casino games and new FullTilt live dealer casino.
Many PokerStars pros have been dropped from the roster the latest incident was with WSOP champ Joe Cada who terminated his contract because the site would no longer offer him a 100% rakeback deal.
This week thousands of PokerStars Affiliates were dropped due not bringing enough players or not actively promoting the site.
PokerStars Future Under New Ownership
PokerStars does run like a well oiled machine with segregated player funds that ensures the safety players funds by separating the deposits from the companies capital.
PokerStars Head Office is located in the Isle of Man more than 1700 staff working in offices in around the World including: London, Australia, Costa Rica and Western Europe.
With 65 million registered players, PokerStars is the largest online poker site in the world offering customer support in 29 languages 24 hours a day. PokerStars also works closely with governments who are looking to regulate online poker and acquire licenses to operate when they become available.
Watch the video interview with Eric Hollreiser, PokerStars Head of Corporate Communications who discusses what kind of company PokerStars is.
Part two of the interview is with Donna Crellin, PokerStars Head of Treasury who discusses what happens to the money when a player deposits at PokerStars.
PokerStars Future in US
PokerStars New Jersey launch is expect to take place within the next few weeks, this will be the first time PokerStars has operated in the US since 2011.
Under the ownership of Isai Scheinberg, the PokerStars NJ license application was denied in 2013 due to Pokerstars operating in the USA after the UIGEA was introduced in 2006.
Joe Cada Saga
Joe Cada ended his contract this week because the company refused to give him his old 100% rakeback deal and felt that as a sponsored pro he should not be charged to used their online gaming product.
If everyone is wondering what happened with Poker Stars and myself it’s pretty simple. I asked for 100percent rake back, they said no.
— Joe Cada (@cada99) September 24, 2014
This week PokerStars affiliates were targeted and dropped for not bring in the required amount of players or not actively promoting PokerStars.
Affiliates play a large role in increasing a poker sites sign-ups and traffic by referring players through several methods including promotions.
PokerStars requirements for a new real money player are much harder to achieve than other online poker sites which is probably why most affiliates don’t promote the brand as actively as the other top 5 poker sites.
Some of these affiliates have brought players to the site since their inception and still earn a small percentage from their list of referred players through the years.
Sadly these affiliates will lose their income from what was originally advertised as life-time player revenue which has since been removed through many changes in policies over the last few years.