Poker Rooms Stumble as Huge Tournaments Take Center Stage - News % : News
  • 3 minutes read
Published on
Update on

September is often a huge month for the online poker industry and this is largely due to the fact that it features a number of huge or high-profile online poker tournaments. Each of these tournaments not only features massive participation or attendance but also boast of the biggest guarantees. With over $150 million in guarantees being on offer, it is quite easy to see why these tournaments are as big of a deal as they are.

While some of the world’s top online poker sites have been leading the market with their lucrative and action-packed tournaments, things have not been going completely well for these poker rooms. To put this into perspective, PokerStars GGNetwork and PartyPoker, some of the biggest online poker operators on the planet, have been duking it out to bring the largest number of players to their tournaments. To achieve this, they have been aggressively competing at adding more and more money to their guarantees. While this seems to be working quite well in their favor, it has come at a cost.

Are The Guarantees Too High?

A number of notable issues have already come up with regards to the incredibly huge guarantees that each of the online poker operators has placed into their tournaments. For instance, during the very early stages of its popular KO Series, partypoker was unfortunately not able to meet some of the guarantees it had set.

The KO Series as attracted a lot more attention since then but it goes without saying that the first day was a huge let-down in as far as buy-ins were concerned. The online poker operator’s executives were obviously not very happy about the shortfall of $250,00 that was registered at the time.

Minor Glitches Pose Huge Threats

While partypoker was dealing with lacking buy-ins during the first day, PokerStars faced an unexpected glitch that almost sent its $75 million World Championship of Online Poker (WCOOP) into total disarray. Players raised complaints about being locked out. This was certainly a frustrating experience for the poker players especially considering the money that was at stake and the lack of communication from PokerStars did not make the situation any better.

The GGNetwork did not report any issues with strong numbers being posted by its tournament. In fact, despite the fact that some events were even canceled due to scheduling errors, players have already banked over $25 million in prize money at the mid-point of the event.

Tournaments are certainly a big part of the online poker industry and they are definitely bound to get bigger and bolder. That said, it might be the right for more controls to be put in place especially considering the rapid growth of legalized online poker in the US. With states like Pennsylvania preparing to launch their online poker industries it will be very interesting to see how things turn out going forward.

Latest Headlines

PA Court Allows Seizure of Skill Game Machines

The Pennsylvania State Police can now resume their seizure of skill games from Pace-O-Matic. There has been plenty of controversy over the games, as a ruling deemed the games illegal. This ordeal began in November, when a court ruling determined that skill games from Pace-O-Matic and other operators could not legally operate in the state. […]

New York, Nebraska and Kentucky Introduce Poker Bills

2020 seems like it is going to be a great year for poker across the United States. We’re not even a month into the year yet, and three states have introduced laws that aim to legalize the game along with other gambling activities. First, there was Nebraska. Lawmakers in the state decided to introduce a […]

Parx Casino Teams Up With Everi Interactive in Exclusive Content Deal

Online casinos across Pennsylvania are working hard to offer their players exciting gaming experiences, and what better way to do that than with a great selection of games? Parx Casino wants its players to have access to a wide range of slots, so the operator has recently entered into an exclusive content deal with Everi […]

Lucky Player Hits Huge Jackpot at PA Online Casino

One lucky player in Pennsylvania welcomed in the new year in a truly exciting way, landing a huge jackpot worth nearly $300,000 at The player, who has requested that they remain anonymous, won the jackpot while playing a NetEnt slot called Divine Fortune. On December 28, the player had decided to give a few […]

Pennsylvania Gaming Board Names Casino Players Who Have Been Involuntarily Excluded

The Pennsylvania Gaming Control Board has published its list of players who have been publicly excluded from casinos. The list was started in 2010, and now has the names of 809 players from across the state who have excluded from gambling venues across the state for casino-related offenses. “The list consists of career or professional […]

Similar PA Casinos Post

PokerStars Winter Series Guarantees $50 Million

If you’re a player at PokerStars, you’re in for a real treat for the next three weeks. Until January 13th, the popular online poker brand will be running 82 events which guarantee $50 million in prizes during its exciting Winter Series. The site will be offering players the chance to take part in events with […]

PokerStars Launches Twitch Promotion, Giving Platinum Passes Away

If you’re a poker player who also enjoys dabbling about on Twitch, then you could earn yourself a Platinum Pass. PokerStars and Twitch have just launched a new promotion that will give two lucky players the chance to play at the PokerStars Players’ Championship next year in Barcelona. Most of PokerStars Platinum Passes are awarded […]

PokerStars PA Launches Christmas Calendar

If you’re a player on PokerStars PA, you’re in for a real treat this holiday season. The brand has just launched its Christmas Calendar, which will offer up all sorts of fantastic prizes for real-money players. The promotion will run from now until December 24th, and you don’t have to do anything special to take […]

PartyPoker Offers Huge $1M Bonus In Upcoming MILLIONS

Last year, the end-of-year partypoker MILLIONS offered up some of the biggest prizes ever seen in an online poker tournament. This year, the brand is upping the ante by quite a lot with by giving away millions of dollars’ worth of tickets and offering a special $1 million bonus to the winner. If you manage […]