{"id":1465,"date":"2019-09-25T04:17:35","date_gmt":"2019-09-25T08:17:35","guid":{"rendered":"https:\/\/bestcasinos.co.nz\/?p=1465"},"modified":"2019-09-30T04:27:02","modified_gmt":"2019-09-30T08:27:02","slug":"microgaming-shuts-down-mpn-which-is-no-longer-aligned-with-growth-strategy","status":"publish","type":"post","link":"https:\/\/bestcasinos.co.nz\/microgaming-shuts-down-mpn-which-is-no-longer-aligned-with-growth-strategy\/","title":{"rendered":"Microgaming shuts down MPN which is no longer aligned with Growth Strategy"},"content":{"rendered":"

Online gaming software provider Microgaming has announced the imminent closure of the Microgaming Poker Network (MPN), one of its oldest flagship operations.<\/p>\n

Microgaming has not disclosed an exact date but aim to have the network closed down by 2020.<\/p>\n

In a\u00a0statement<\/a>\u00a0issued on its official website, the company advised that MPN was deemed unnecessary after an\u00a0exhaustive internal review\u00a0of its online poker product portfolio and strategy.<\/p>\n

MPN was launched over 16 years ago and has been instrumental in shaping the world of online poker.\u00a0 Its closure is sure to affect poker players everywhere.<\/p>\n

The final curtain<\/strong><\/p>\n

While Microgaming has not settled on a specific date, they are aiming to complete the closure process by the\u00a0second or third quarter of 2020.\u00a0 MPN has outlived its usefulness and no longer has a role to play in future strategies, according to the firm.<\/p>\n

Alex Scott, Microgaming\u2019s poker head, stated that the company wants the poker community to\u00a0\u201chave fond memories of the network.\u201d\u00a0Business will continue as normal until the network\u2019s shutdown, previously scheduled online tournaments, live events, cash games, and promotions will not be affected.<\/p>\n

This at least means that the ongoing Universal Championship of Poker and MPN Poker Tour will still take place.<\/p>\n

Are Players\u2019 Funds Safe?<\/strong><\/p>\n

Scott said that players need not worry about any funds that are currently with MPN poker rooms. Operations will continue as usual for the moment and all existing MPN rooms have informed Microgaming that they would find a new poker supplier. Microgaming has, in turn, assured them of a smooth transition.<\/p>\n

Players are free to withdraw any funds that they currently have with MPN. \u00a0Scott explained that as a condition of operating on the poker network,\u00a0\u201ceach of our poker rooms is required to, at minimum, segregate all player funds from its operating expenses.\u201d<\/p>\n

Scott assured fans of online poker games<\/a> that scenarios like these have already been well planned for. Addressing potentially concerned gamblers, he advised that the closure of the network will have \u201cno impact on the safety of your funds.\u201d<\/p>\n

Microgaming\u2019s shutdown of MPN is far from a signal that the company wishes to walk away from poker. On the contrary, it forms part of a larger strategy that the company\u2019s CEO, John Coleman, says will actually help them adopt a new strategic direction for the vertical.\u200b<\/p>\n","protected":false},"excerpt":{"rendered":"

Online gaming software provider Microgaming has announced the imminent closure of the Microgaming Poker Network (MPN), one of its oldest flagship operations. Microgaming has not disclosed an exact date but aim to have the network closed down by 2020. In a\u00a0statement\u00a0issued on its official website, the company advised that MPN was deemed unnecessary after an\u00a0exhaustive […]<\/p>\n","protected":false},"author":2,"featured_media":1467,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","footnotes":""},"categories":[69,68,14],"tags":[96],"class_list":{"0":"post-1465","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-australian-casino-news","8":"category-australian-online-casinos","9":"category-video-pokies","10":"tag-microgaming","11":"entry"},"yoast_head":"\nMicrogaming shuts down MPN which is no longer aligned with Growth Strategy - BestCasinos.co.nz<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/bestcasinos.co.nz\/microgaming-shuts-down-mpn-which-is-no-longer-aligned-with-growth-strategy\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Microgaming shuts down MPN which is no longer aligned with Growth Strategy - BestCasinos.co.nz\" \/>\n<meta property=\"og:description\" content=\"Online gaming software provider Microgaming has announced the imminent closure of the Microgaming Poker Network (MPN), one of its oldest flagship operations. 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