Malta-based online poker brand PokerGrant and Enterra-owned EvenBet Gaming have started a new real-money poker network.
The network is designed for poker start-ups with a low initial budget. Due to relatively low set-up costs and rake commissions, it allows poker rooms to spend more on player engagement and retention. In addition, the business model has been designed to help avoid licensing problems that can slow the launch of online poker projects.
Customers may start a poker room within two weeks from zero. The initial set-up fee includes adding a new partner to network, two types of poker client software (desktop and Android for mobile), back office and basic software customisation – changing logos, colours and other minor design changes.
No fixed payments are required for network partners. The current rake commission ranges from 10 per cent to 20 per cent of gross total rake, which is paid monthly.
