PartyPoker to Reduce Rakeback for Its Top Players

Written by :

Ace King

Published on :

14 January, 2013

PartPoker, the world’s third largest online poker room, plans to eliminate its Platinum Elite status VIP program offerings effective April 1, 2013. Currently, the program offers these players up to 50 percent rakeback. The reduction will result in no more than 30 percent rakeback.

A spokesperson for the company said, “We believe the change will allow us to manage our poker room more effectively and ultimately allow for fairer distribution of bonuses across the network – this change will be implemented on as of the start of April 2013 onwards.”

PartyPoker is looking to improve its recreational player base while increasing volume.

Parent company Bwin.party announced last summer that the group would announce a comprehensive plan to “optimize the poker ecology”.

- Ace King, Gambling911.com

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