Poker news tagged with 'entraction'

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It's been recently announced that stock listed Betsson is buying privately owned Betsafe. Betsafe which was established in 2006, has been focused on the nordic market and most of their turnover has been acquired from their high class casino products and a very well respected sports book. According to di.se, Betsafe increased their revenue with 119 percent between the 1st of May 2010 and the 30th of April 2011 which resulted in an operating profit of approximately €6.9 million.
Both companies are licensed by the Lotteries and Gaming Authority of Malta and both poker rooms are powered by the Ongame Poker network although Betsson also offers the Entraction poker product which was recently bought by ITG in early May 2011.
Read more » Betsson is buying Betsafe

It's not only at Full Tilt Poker and PokerStars one can find interesting high stakes games going. At the end of 2010, a player called nveragan won €354,000 from his opponent luckexpre on the Entraction Network (KickOffPoker, youwin poker etc). The game took place on a €150/300 Pot Limit Omaha table and many pots reached €60,000. The game only lasted for 1 hour and 45 minutes and they only played 300 hands. In other words, extremely good action!

According to different rumors, luckexpre is no one else than the Italian poker pro Marcello Marigliano who plays under the alias Luckexpress10 at Full Tilt Poker. Who ever luckexpre may be, he seems to have a healthy bankroll as he's still playing at the nosebleed tables on the Entraction Network.

In the first quarter report from Entraction one can read that the net turnover amount for the three first months of 2009 compared to the three last months of 2008 has increased with 52,2%. The earning before interest, taxes, depreciation and amortisation lands on 19.1 million SEK, or around 1.9 million euro. It's an increase of 70.5%.

Read more » Entraction's first quarter report for 2009

Today one can read on entractions website that Casagaming Ltd, that owns the poker sites 24hpoker and martinspoker on the entraction poker network has signed a Letter of Intent to sell the operations of both their sites.
Read more » 24hPoker and Martinspoker have been sold

Entraction have in just one year doubled their player traffic and also passed many of their competitors as they are up on 10th place on Pokerscout's list over the most active poker networks. Last year the Entraction stock price was around €0.045 on Stockholm's stock market, and today it's up to about €0.08. Entraction now aim to climb even higher on pokerscout's list over the most active poker networks as they just have released a new version of their poker client with new functions and new poker tournaments.

Read more » Entraction is the world's fastest growing poker network

In order to make the poker software more user-friendly Entraction have listened to all types of poker players ideas on how to improve the poker software and what tournaments and functions they miss. And now the first upgrade of this new poker software is ready and it will be released on the 13th January. A few of the new functions and tournaments are..
Read more » Entraction improves their poker software together with poker players