• $4.9 Million Raised for Global Poker Index

    22 July 2015

    Globalpokerindex

    Global Poker Index (GPI) is a company based around the idea of bringing together poker under one central league and ranking system. Mediarex Sports & Entertainment is the parent company of GPI, and they've recently raised $4.9 million in funding to back GPI in its quest to bring all poker players together under one set of rankings. Because poker is full of different groups of people scattered all over the world, there is a lot to be said for the idea of bringing them all under one umbrella.

    Over 100 Million Players

    More than 100 million people play poker regularly across the world, and Mediarex has the idea of building up poker to be recognized as an "eSport," or electronic sport. One of their core ideas is to create an aggregating service that would rank players from different sites and tournament pools against each other based on a number of different factors. These factors could include earnings, ROI, tournament volume and other indicators.

    Chances of Success

    It's hard to say what GPI's chances are of achieving their goals, but they probably aren't much of an underdog here. Video gaming of different types has been recognized and has gained more legitimacy as electronic sport in the past few years, and with the rich history that online poker provides, it's easy to see how that would fit together. What GPI plans to do to bring together attention on this aggregation is unclear, and it's not certain that many players out there will care all that much about an international ranking system like what GPI proposes. However, it's going to be interesting to see them try.

    State of the Industry

    One issue that they have to take into consideration right now is that online poker has seen better days. After the poker boom of 2003-2006 and the subsequent hits that online poker took in 2006 with the UIGEA passing and in 2011 with Black Friday, numbers of players have steadily declined. While we obviously hope for the best for GPI and its chances of improving the market for online poker, they are definitely going to be fighting an uphill battle on this particular endeavor.

    Related News

    • 08 July 2018

      New Jumanji Slot Announced by Net Entertainment

      The latest Net Entertainment slot has been announced, and it's their Jumanji game that was previewed earlier this year in January. They've finally released it, and it's seen a ton of anticipation. This is the kind of game that has a tremendous history behind it, and you'll find all of the action and excitement on the reels as you might expect. Game Structure and Features

      Read full article
    • 24 June 2018

      Net Entertainment Joins Portugal's PokerStars Casino

      A big announcement has come for Net Entertainment as they will be making their official jump into Portugal thanks to the PokerStars Casino. This site is a part of the Stars Group brand, and that includes other major names like PokerStars, BetStars and Full Tilt. Frequently cited as the king of online poker, they have expanded into other areas in the past few years, and this deal is a good example of the results of that push. What Will Be Offered

      Read full article
    • 13 June 2018

      Net Entertainment Running €1 Million World Cup Campaign

      The World Cup is coming up this summer, and Net Entertainment has a major bonus campaign that's coming along with it. Their Mega Million campaign is giving away a lot of cash during this summer, and it'll go from June 14 to June 15, 2018. This is an exciting promotion that many players will want to be a part of because it can be your chance to win a piece of a tremendous prize pool. Two Parts to the Promotion There are two different parts to this overall promotion.

      Read full article