Online betting giant Microgaming announced that they'll be shutting down the Microgaming Poker Network in 2020, closing down one of the oldest poker networks on the market.
The poker room was launched in 2004 and has served countless gamblers across multiple markets. The decision to close the room comes after an internal review of the company's strategy revealed that the product wasn't in line with what they want to focus on moving forward. Details on the closure of the platform aren't available yet, but for the time being the network is expected to operate as normal.
Microgaming's CEO John Coleman spoke about the decision, noting: "The network model no longer fits with our strategic vision for poker, and this is the right time to announce the closure as we focus on redistributing key resources and personnel across the business.
"While the network will be closing, this is not the end for poker at Microgaming, which is driven to create the most enjoyable entertainment experiences, leading the way with world-class gaming content.
"Ultimately, this move will help the business to achieve that vision as we follow a new strategic direction for the vertical, details of which will be revealed in due course."
Further details will be given in the coming months.