In the past, online poker room Party Poker has been called one of the best poker rooms in the industry. However, the site is currently suffering in the popularity contest that is online poker and they have decided to take drastic measures. The site has now removed high stakes cash games from their site in the hopes that revenues will be increased.
Party Poker has now removed all cash games tables that have stakes of $5.00/$10.00 in the No Limit and Pot Limit section as well as games with stakes of $30.00/$60.00 in their Fixed Limit Section. The company released a statement on the subject which stated that they are trying to improve the ‘poker ecology’ of their website and that the change was in the best interest of their players.
Party Poker went on to state that they believe the change will help improve the action at the lower stake tables. Party Poker players have had mixed feelings on the change. Many regulars at the site believe the decision was smart business wise but others have stated that high stakes players will now move on to other poker rooms online and they will lose out on that revenue.
Over the past year, the online poker room has seen a large decline in poker traffic. The company first moved to change the decline in players by offering the speedy poker variant which allowed players to fold quickly and move on to another hand, like many options that have been released at other online poker rooms.
The company also plans on entering the mobile application market as well as the social gaming industry. It will be interesting to see if the changes help the online poker site get back in the game, so to speak, or if they will continue to see a decline in poker revenues.
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