Equity Poker Network Goes Live

Mar 13, 2013
Equity Poker Network Goes Live
The latest repots from the online poker industry contain info about the new Costa-Rica based Equity Poker Network (EPN), which has been defined as a cooperative non-profit poker network where "operators can now sign up to a fairer future where profit and cross cage is balanced ensuring that mostly losing players will be winners." Revealing more about the new launch, Clive Archer, referred to as the "architect" of the EquityPokerNetwork, said: “We're rewriting the rules to provide small and medium size businesses with an opportunity to offer their players online poker without losing their shirts each month to cross cage and sharp players. We understand how valuable player wallets are to operators, and can now offer a solution with our new cooperative poker network where everyone wins.” Apparently, the plan is for EPN to redistribute profits back to operators on a basis of contribution and offer very low fixed fees to be part of the network, which will reportedly be less restrictive on promotions and provide lower costs, better liquidity and a level playing field favorable even for recreational players. Archer, who is believed to be the previous chief executive officer of BetOnline, also noted that “Equity Poker Network is on track to make many operators leap at the chance to become a part of the cooperative, sick of the month on month costs of having online poker as the black sheep of their product set – now they will have something to really get behind. With rock solid software that has been tried and tested for over 10 years we are certain that creating this new fairer playing field for both operators and players is going to provide a huge relief to all that will be joining our Network over the coming months.” EPN was set up by an un-named group of investors who reportedly have a long-term "blue chip track record in Gaming." It also includes additional revenue opportunities such as proprietary sportsbook, terminal products and casino games in its offering.
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