Vfranks
Legend
Silver Level
I was wondering the same thing yesterday and saw this on their FAQ page. (https://globalpoker.com/page/faq).why don't the other poker sites just flip to sweeps cash or something like that so we can play , any one have any thoughts on that
So why can't other poker companies implement the same Sweepstakes model?
1. Our Patent: Global Poker has a comprehensive Patent Protection Pending on this unique business model.
2. Regulatory & Partner risks: Our competitors, particularly those with regulated gambling businesses, are generally reluctant to explore innovative models that are not considered “mainstream”. This extends to key marketing, distribution and payment processing partners, who competitors would need to satisfy as to the legitimacy of their business model, a process which has taken Global Poker several years.
3. Technology & Operations: The technology required to operate a real money sweepstakes prize platform is very different to that of a virtual currency only game, requiring far more robust, secure and thorough gameplay and reporting functionality. Operations supporting real prize gaming are also very different to games companies, as the payments, fraud and customer service profiles are very different.