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The State of Online Poker – Can it survive online?

by new_c_admin
poker site redkings closed

RedKings Poker and Sports will close their virtual doors on April 28 after almost 13 years in the business. Announced at the end of last week, the shock closure will see new registrations suspended and existing players transferred to fellow MPN site, Betsafe.

As well as moving accounts, RedKings players will have until April 28 to complete any outstanding bonuses. After the closing date, uncleared offers will be removed from a player’s account and not transferred to Betsafe. Other than a message posted on RedKings’ homepage, the operator hasn’t explained why its poker room and sportsbook are closing. However, what we do know is that RedKings Casino will remain active.

Although poker sites such as UltimateBet have come and gone due to internal issues, the latest closure can be seen as a sign of the times.Looking at it in context of online gaming as a whole, poker has lost ground in recent years. Even the market leader PokerStars has gone through a major shift over the last five years.

Since being acquired by Amaya for $4.9 billion back in 2014, the online poker site has become a much more diverse platform. As well as adding casino games, PokerStars is becoming a major player in the sports betting arena.

Alongside its own output, the operator recently completed a $4.7 billion takeover of Sky Betting and Gaming.

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