Boss Media Tops in Non-U.S. Facing Online Poker Networks
February 4, 2009 (InfoPowa News) — G-Tech subsidiary Boss Media made some strong claims for its International Poker Network this week, claiming that the online poker site outperforms all other non-U.S.-facing poker networks. The company cites numbers from the independent poker statistics portal PokersiteScout.com as the basis for its boast.
Since the acquisition by GTECH last year, Boss Media has continued to achieve significant increases in revenue across all products. The International Poker Network (IPN) continued to grow during the last quarter (Q4 2008 v Q3 2008) through strong player acquisition supported by the launch of the grand €1,000,000 guaranteed tournament and recently launched Bad Beat Jackpot, which currently stands at €200,000.
With a 14 percent increase in active daily players, 22 percent increase in maximum concurrent players and a 28 percent growth in daily registrations, the IPN was the fastest growing independent European network during 2008.
Commenting on the achievement, Rahul Parekh, CEO of Boss Media, said: "I’m delighted with our progress. Following the acquisition of Boss Media by G-Tech in Q2 2008, we recognized that we had some challenges and opportunities to address. Whilst we still have more work ahead of us, we’re heading firmly in the right direction.”
Continuing the success with Svenska Spel and Austrian Lotteries, Boss Media became one of the first to launch an online poker network in Italy in cooperation with Lottomatica Scomesse, one of the world’s leading gaming operators. This makes Boss Media the only European supplier of poker for four poker networks with more than 100,000 players using the software each day.
Björn Lundsten, Poker Product Manager, said: "With our substantial increase in technical resources and capacity well underway, we expect to surge forward on this positive path. Our licensees and lottery customers can look forward to the benefits of our investments in the coming months."
Boss can look forward to further growth in player liquidity as it heads into 2009 — late last year the online gambling software company CryptoLogic announced that its online poker clients will merge with Boss Media during the first quarter of 2009, leaving CryptoLogic to concentrate on its core business of games and software development.