Partypoker

Last updated
partypoker
Company typePublic
Industry Online poker
Founded2001
Founder Ruth Parasol, Anurag Dikshit, Vikrant Bhargava
Area served
Worldwide
Key people
Tom Waters, Head of Poker
Owner Entain plc
Website www.partypoker.com

partypoker (formerly stylized PartyPoker) is an online poker card room. Launched in 2001 by PartyGaming, the site has had up to 80,000 players logged-in and was the largest online card room until 2006. In 2011 PartyGaming merged with bwin to form Bwin.Party Digital Entertainment. As of 2017, it remains among the largest online poker card rooms. The site was endorsed by Mike Sexton, the former host of the World Poker Tour television show. The domain partypoker.com attracted at least 3.6 million visitors annually by 2008 according to a Compete.com study. [1] In 2016, after a protracted bidding process between 888 Holdings and GVC Holdings, Bwin.Party Digital Entertainment accepted GVC Holdings' bid for £1.1 billion. Today, the site is run by GVC Holdings and is available in 14 different languages. In addition to partypoker.com, partypoker also offers dedicated networks for French and Italian based players via partypoker.fr and partypoker.it, respectively. GVC Holdings also acquired PartyCasino during the 2011 merger of Party Gaming.

Contents

Cash games

The games include Texas Hold 'em (No Limit and Fixed), Omaha and Omaha Hi-Lo, 7 Card Stud and 7 Card Stud Hi-Lo. The stakes can range from .01/.02 to $100/$200. In 2012 partypoker removed its high-stakes cash games with the highest stakes at $10/$20. [2] [3] [4]

Party Poker formerly offered a bad beat jackpot.

partypoker also offers FastForward cash game format. Every player is automatically re-seated to another random table immediately after they fold their hand or after the hand is over. This format is very popular by players and poker rooms. It is faster and offers a higher level of security as it is a lot more difficult for two or more players to participate in collusion.

Tournaments

The site offers a variety of tournaments, ranging from 10 to thousands of participants. Single-table and multi-table sit n' go tournaments are offered as well as scheduled tournaments.

partypoker hosts the partypoker Million. This tournament begins with online qualifiers, but the final stages are held at actual poker tables aboard a cruise ship. The winners of previous Party Poker Million events were Kathy Liebert, Howard Lederer, Erick Lindgren, and Michael Gracz.

History

partypoker was the largest online card room until 2006 when it left the US market due to the Unlawful Internet Gambling Enforcement Act of 2006. PokerStars has since claimed the title. [5]

In 2014, partypoker plans on returning to the US market for real money players, but on March 1, 2017, it still does not accept US players except for the state of New Jersey. [6]

In 2015, partypoker partnered with Dusk Till Dawn and later hosted "The partypoker Grand Prix". [7] [8]

In 2017, the casino hosted the partypokerLIVE MILLIONS Dusk Till Dawn festival. The £5,300 main event generated a prize pool of £6,017,395. Maria Lampropulos won the main event earning £1,000,000. [9] The £10,300 High Roller event was won by Vojtech Ruzicka, earning him US$363,135. [10]

In February 2018, partypoker relaunched their Team Online, with Matthew Staples first to be signed. [11] The new measures extend across all of the countries in which it operates with brands including Bwin, PartyPoker, Ladbrokes, Coral, FoxyBingo and BetMGG. [12]

In December 2020, GVC holdings, who own PartyPoker, changed their name to Entain in a global rebrand. [13] The new measures extend across all of the countries in which it operates with brands including bwin, PartyPoker, Ladbrokes, Coral, FoxyBingo and BetMGM and their affiliate programs.

In May 2021, PartyPoker and PartyCasino entered a new multi-year partnership with McLaren Racing. [14]

Related Research Articles

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References

  1. ↑ "partypoker attracts almost 4m visitors online yearly". Archived from the original on 2018-02-23. Retrieved 2014-12-22.
  2. ↑ Matthew Pitt (2012-07-19). "partypoker Remove High Stakes Cash Games In Unprecedented Step". PokerNews Global. Retrieved 2014-12-22.
  3. ↑ Rebecca McAdam (2012-07-20). "partypoker.com Disables High Stakes Cash Games". cardplayer.com. Retrieved 2014-12-22.
  4. ↑ Dan Katz (2012-07-24). "partypoker Eliminates High Stakes Cash Games". pokernewsdaily.com. Retrieved 2014-12-22.
  5. ↑ "History of Party Poker Part of Partygaming". Gambling Sites. Retrieved 2014-12-22.
  6. ↑ "US Party Poker to Return Soon". uspokersites.us. Retrieved 2014-12-22.
  7. ↑ "UK poker growth on the cards with DTD/partypoker partnership". partypoker. 2015-02-19. Retrieved 2018-03-14.
  8. ↑ "Dusk till Dawn Info". partypoker.com. Retrieved 2018-03-15.
  9. ↑ zedmaster84 (2017-04-23). "Maria Lampropulos Wins the 2017 partypokerLIVE MILLIONS Dusk Till Dawn Main Event (£1,000,000)". PokerNews. Retrieved 2018-03-15.{{cite web}}: CS1 maint: numeric names: authors list (link)
  10. ↑ Zetzsche, Christian (2017-04-19). "Vojtech Ruzicka Wins the 2017 partypoker LIVE MILLIONS Dusk Till Dawn £10,300 High Roller". PokerNews. Retrieved 2018-03-15.
  11. ↑ "Entain becomes the first global sports betting and gaming operator to gain a licence in Latin America - DirectorsTalk Interviews".
  12. ↑ "Partypoker".
  13. ↑ "Entain becomes the first global sports betting and gaming operator to gain a licence in Latin America - DirectorsTalk Interviews".
  14. ↑ "PartyPoker and PartyCasino Ink Partnership With McLaren Racing". Cards Chat. 2021-05-21. Retrieved 2022-03-03.
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