Paradise Poker's Days Are Numbered

#1 09-02-2007, 9:54 PM

from Cardplayer.com

Sportingbet to Close Paradise
The sun is about to set on Paradise Poker.
Sportingbet, the parent company of Paradise Poker, announced it will shut down its Paradise Poker platform and transfer all its players over to SportingbetPoker.
SportingbetPoker.com runs on the Boss Poker Network. Paradise Poker ran on its own network and it didn’t make much sense to company officials to run two separate networks.
Sportingbet will retain the Paradise Poker brand name.
Daily active real money players on both systems amount to approximately 6,500 each, however the greater liquidity on the Boss system, as it is a shared network with other Boss licensees, means yields per active player are approximately 60 percent higher as compared to Paradise Poker players.

The combination of the two poker businesses will provide some cost savings for Sportingbet, but the company warned that this may be offset by the loss of revenue that could occur as a result of migrating players from one platform to another.

"This deal combines all our poker players in one destination, maximizing liquidity whilst reducing the complexity of running two separate poker operations,” said Sportingbet Group Chief Executive Andrew McIver. “The addition of the Paradise Poker players to the Boss poker network will make the Boss network one of the largest in

#2 10-02-2007, 12:35 AM

JuiceeQ is going to be disappointed.

#3 10-02-2007, 1:15 AM

Quote:

Originally Posted by t1riel

JuiceeQ is going to be disappointed.

RIP Paradise...

#4 10-02-2007, 1:53 AM

Smart move on Sporting Books part. They will have a built in audience for their sports book part of the site. Played their rooms while in Beta and they kept sending emails to me about betting in their rooms. I got a couple about betting on the superbowl. With Paradises playlist they will make a fortune.

#5 10-02-2007, 2:18 AM

That stinks paradise was a great site I was hoping i'd someday get to play there again but oh well bodog is the best sportsbook/pokerroom combination anyways

WAYLON RULES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!

#6 11-02-2007, 9:05 AM

sad news.i once enjoyed chatting there.

#7 11-02-2007, 1:41 PM

Paradise was the best....many tears to shed.

#8 11-02-2007, 1:52 PM

paradise was where i first played online, and was my favourite for a long time

wasn't the same after the US players were barred, and i have rarely played there since

guess i should change my 'plays at:'

#9 11-02-2007, 3:47 PM

Like many others Paradise was my first place to deposit and play at.
I'm sorry to see it go but since the US block, I haven't really missed it all that much.

On another note anyone else receive the Sportsbook poker site CD in their snail mail????? I got it in the mail about 2 weeks ago I guess Maybe I should have saved it instead of tossing it out

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