Coral Eurobet Poker Needs A New Poker Network Home - Again!
Only a month ago Coral Eurobet moved all their online poker players from the Party Gaming Network (Party Poker) to the OnGame network (Pokerroom.com). Faced with a rapidly depreciating stock price, Party Gaming decided to cut out all of their former "skin" partners from the rake action. This forced Coral Eurobet to find a new home. They joined the fastest-growing online poker room in the world, only to see that one of their biggest rivals, BetAndWin, become the new owners.
BetAndWin is one of the largest European online sportsbooks, and they are in direct competition with Coral Eurobet, whose customer base also primarily consists of sports bettors. It seems unlilkely if not impossible that these two rivals will share an online poker network, which means that Coral will need another new home for their online poker enthusiasts.
Meanwhile the guys from OnGame are laughing all the way to the bank as they stand to pocket close to half a billion dollars from this deal.
