• $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

    • 21 February 2019

      New Perfect Blackjack Live Dealer Game Launched by NetEnt

      Net Entertainment has generally been known for their online slots. However, they also have a strong live dealer casino platform that they run, and it's one of the most competitive in the industry. They've recently announced a new title for that platform by way of Perfect Blackjack, and while it's uncommon to see new table games presented in general, this game brings something that most players will probably have never seen before in the blackjack environment.

      Read full article
    • 20 February 2019

      Rights to Conan Brand Secured by NetEnt for Future Slots

      Net Entertainment has a great reputation when it comes to branded slots. They produce some of their best work based around ideas and concepts that come from popular brands in various types of media, and a recent deal shows that they will be doing it again sooner rather than later. It's been announced that they have secured the right to the Conan character and brand, and they will be using it to produce online slots in the future. What's Included in This Deal

      Read full article
    • 11 February 2019

      Online Casino Wazamba's Upcoming Launch Announced

      New online casinos are always exciting to hear about for players, and now there's another name to get excited about. This comes with the announcement of the launch of the online casino Wazamba, and they're looking like they could have quite a bit to offer players when it comes to software and game selection. A Wide Variety of Titles to Choose From

      Read full article