Online gambling technology provider Microgaming will close its Microgaming Poker Network (MPN) next year following “an extensive internal review of the software supplier’s product portfolio and strategy.”
Microgaming confirmed that it had decided to shutter MPN after 16 years of operation based on its conclusion that “the network model no longer fits with our strategic vision for poker.” The statement didn’t offer a specific date by which the network will go dark, although MPN managing director Alex Scott wrote that the axe will swing sometime in Q2 or Q3 2020.
Microgaming CEO John Coleman insisted that MPN’s closure didn’t spell “the end for poker at Microgaming” and the company is planning “a new strategic direction for the vertical, details of which will be revealed in due course.” But for now, Microgaming plans to “focus on redistributing key resources and personnel across the business.”
Microgaming assured its poker players that their bankrolls are secure and that it will be business as usual until the shutdown, without any interruptions. Scott said Microgaming was working with each of the network’s skins “to help them make the migration [to new software] as simple and smooth as possible, for players and their business in general.”
“While the network will be closing, this is not the end for poker at Microgaming, which is driven to create the most enjoyable entertainment experiences, leading the way with world-class gaming content.
“Ultimately, this move will help the business to achieve that vision as we follow a new strategic direction for the vertical, details of which will be revealed in due course.”