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Oct 19, 2011

#Everleaf Network increases rake at the Euro tables

Wednesday, October 19, 2011 Posted by Unknown , No comments

The Everleaf Network remains one of the few US friendly poker networks as of right now and was able to pick up some of the momentum when the Merge Gaming Network didn't accept new sign ups from the United States. Now that Merge has officially reopened to new sign ups with the exception of some blocked states (Kentucky, Louisiana, Maryland, Missouri, New York, and Washington as well as Washington DC), one of the contenders to pick up the US traffic is now back in the competition as of October 12th 2011.

Besides the Cake Network and Yatahay (with a heavily promoting Americas CardRoom that recently acquired DoylesRoom), Everleaf is one of the harbors for US poker players and recently, an Italian licensee with a decent player base came on board and resulted in a significant boost in overall traffic.
However, these good news on first sight did indeed have a downside, because the Italian licensees are used to a by far higher rake rate and seem to have pushed the Everleaf network to increase the rake on two different occasions. A few weeks ago, the max. rake for CAP tables was raised to 7 EURO and this already caused some action in the poker community. Whereas most players from the US were not worried and not all skins also share the Euro tables as well, it was soon followed by another move and you can follow the action here:

***MintedPoker / Minted Poker Official Support & Promotions Thread***

Apparently the network decided to raise the rake on the normal Euro cash tables from 5 to 6.3% as well and notified the network skin operators briefly to either accept that or block all Euro tables on their own skin. This obviously caused some grief and quite some operators do not agree with this decision and also notified the network management to reconsider this move.

It is quite obvious that a few operators alone will barely have any pull, but who knows what might happen if some of them with the most traffic unite and get in touch with the Everleaf Gaming (ELG) network. It also remains unclear whether or not the traffic will keep growing with such a short term business decision, but the recent moves don't necessarily give faith that the network doesn't intend to increase the rake for the USD tables soon either.

You can find their network website here: http://www.everleafgaming.com/

Everleaf Gaming Ltd. is licensed and regulated by the Malta Lottery and Gaming Authority (LGA).

As a former British Commonwealth member and now full-fledged EU member country, Malta's legal system is not only firmly grounded in English common law, but now meets with the EU's strenuous regulations and restrictions.

As such, Malta's Lottery and Gaming Authority (LGA) is a government department focused on providing a sound, competent foundation for serious international gaming companies, and whose strict, transparent selection policy insures long-term security.

Everleaf Gaming Ltd. is proud to be officially licensed by Malta's Lottery and Gaming Authority (LGA) for the purpose of operating an online poker room. For more details see
www.lga.org.mt.

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