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PokerStars Gives Players the Chance to Turn Back Time With Unfold

Zoltan Tundik

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HAVE YOU EVER WANTED TO UNFOLD? (PRNewsfoto/PokerStars)
Reading Time: 3 minutes

ONCHAN, Isle of ManAugust 2, 2018 – PokerStars has released its latest No Limit Hold’em cash game innovation, Unfold, which for the first time allows players to unfold their hand once the flop has been dealt.

If a player has decided to change their mind, the hand previously folded will be used to play for an “Unfold pot” made up of antes taken from each player at the beginning of each hand. Each ante will constitute a percentage of the big blind.

In order to play for the “Unfold pot” and in effect unfold their hand, players have to make a bet equal to the sum of the Unfold pot. Players who pay the Unfold stake cannot make any further bets after this point. The rest of the hand is played out amongst the main pot players while the Unfold players spectate. The Unfold pot is then awarded to the Unfold player with the strongest five card poker hand after the river is dealt. If the main pot is won before the full board is dealt, all remaining community cards will be dealt to determine the winner of the Unfold pot.

Video preview of Unfold:

“This has never been done before,” said Severin Rasset, Director of Poker Innovation and Operations. “Unfold means more action and opportunities for players, reducing the all too familiar sinking feeling of making the correct pre-flop lay down, only to then find you would have flopped the nuts. We’re very excited to offer something new and completely different.”

PokerStars Ambassador Felix Schneider said, There’s been so many times at the tables where I’ve wished I could go back and unfold my hand when I’ve realised I’ve hit a winner and now I can actually do it, which is super exciting! It’s a really engaging format and keeps players entertained and sweating it out in the side pot. I think it’ll also be very funny to stream on my channel and I can’t wait to show my community.”

Fellow PokerStars Ambassador Fatima de Melo said, “I feel way more comfortable folding hands knowing that there’s great potential to hop on to the Unfold pot if I want to. I remember playing a World Series of Poker event about five years ago and I folded 3s pre flop and the other players went all-in with aces against queens, and I would have won the hand with a set of 3s! This was for the chip lead and I was like “oh my god, why did I fold?”. Well I had to fold because they went all in pre-flop. But the Unfold button would have definitely been nice there!’

Unfold will be featured under its own tab in the PokerStars lobby . The game is currently available on .COM, .NET .UK, .EU and .DK, with more licenses to be rolled out in the future.

There are three instances where the Unfold antes will be refunded to all players:

  • The main pot is decided pre-flop
  • Fewer than two players fold pre-flop
  • No players choose to Unfold

For further information, please contact press@pokerstars.com

About PokerStars

PokerStars operates the world’s most popular online poker sites, serving the global poker community. Since it launched in 2001, PokerStars has become the first choice of players all over the world, with more daily tournaments than anywhere else and with the best online security. More than 182 billion hands have been dealt on PokerStars, which is more than any other site.

The Stars Group owns or licenses gaming and related consumer businesses and brands, including PokerStars, PokerStars Casino, BetStars, Full Tilt, Sky Bet, Sky VegasSky Casino, Sky Bingo, and Sky Poker, as well as live poker tour and event brands, including the PokerStars Players No Limit Hold’em Championship, European Poker Tour, PokerStars Caribbean Adventure, Latin American Poker Tour, Asia Pacific Poker Tour, PokerStars Festival and PokerStars MEGASTACK. The Stars Group is one of the world’s most licensed online gaming operators with its subsidiaries collectively holding licenses or approvals in 19 jurisdictions throughout the world, including in EuropeAustralia, and the Americas.

Play Responsibly!  For more information on responsible gaming please visit our website at http://www.pokerstars.com/about/responsible-gaming/

 

Media Contact: Eric HollreiserPress@pokerstars.com

SOURCE PokerStars

After starting out as an affiliate in 2009 and developing some recognized review portals, I have moved deeper into journalism and media. My experience has lead me to move into the B2B sector and write about compliance updates and report around the happenings of the online and land based gaming sector.

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Gaming Realms Partners with Scientific Games

Niji Narayan

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Gaming Realms Partners with Scientific Games
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Gaming Realms plc, the developer of mobile gambling games, has signed a 3-year agreement with Scientific Games’ Digital group for the distribution of the Slingo Originals portfolio via SG Digital’s Opening Gaming System platform. As per the agreement, all 29 Slingo Originals games will be distributed to over 200 operators globally via SG Digital’s OGS.

“This agreement marks the continuation of the close partnership we have with SG Digital, having previously successfully worked together on the development and distribution of exciting games such as Slingo Rainbow Riches. The opportunity to distribute our games through such a highly regarded global platform such as SG Digital’s OGS is a clear endorsement of the potential of the Slingo Originals portfolio in the world’s regulated markets. We are extremely excited to be able to bring our games to new audiences,” Patrick Southon, Chief Executive of Gaming Realms said.

“Our aim for the OGS platform is to bring the world’s best content to players around the globe, and this partnership with Gaming Realms is a key step toward that goal. By offering Gaming Realms content on the system, we’re ramping up our platform and giving them access to more players. It’s a true win-win,” Dylan Slaney, SVP Casino for SG Digital said.

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Hyperion: Unlocking the brightest minds in IT to offer infinite scalability

George Miller

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Hyperion: Unlocking the brightest minds in IT to offer infinite scalability
Stav Zilbershtein, CEO and founder, Hyperion
Reading Time: 3 minutes

 

Exploring teamwork, transparency and talent, CEO and founder Stav Zilbershtein outlines how Hyperion has cultivated a climate of creativity to bring together some of tech’s brightest minds on a mission to disrupt the IT outsourcing market.

iGaming is a sector shaped by ideas, with your team of 100 (and growing) do you subscribe to the ‘many minds make light work’ adage, and can you describe an instance where your team-led approach has resulted in ‘pure alchemy’?
Alchemy is a process of melting minds together. On both sides of the project we find that a breakthrough in the creative process stems directly out of open communication between the development team and their product owner at the client end. The more you allow a culture of open feedback where developers and team members alike can contribute to the discussion the more creative solutions arise. No matter how talented a product owner can be – a group of minds will always generate new ideas better than one bright mind. We encourage this kind of communication and work dynamics between our teams and the clients and I think that is what makes innovation possible.

Transparency is a key part of your business, from the open hierarchy in-house to clear communication with clients, how is this helping to bridge the gap between notoriously inaccessible segments of the market like blockchain, cryptocurrency?
At the end of day, from my observations, projects don’t fail on the capacity of its members to execute (even though it is so in some cases), but in the majority of cases projects fail because of communication issues. The more layers you have between you and the execution layer the more likely that your project is going to fail. A team of amazing architects can fail miserably by red tape and complex approval processes on a clients’ end. We believe that by bringing all layers of the projects together and running retrospective calls where we raise issues on both sides and then work together to solve them and improve the full spectrum of performance is a key factor for success.

With technology-led roles, do you feel there’s more focus on salary and career paths or are people more excited by the challenge of working on innovative projects?
People wake up in the morning and go to work to feel purposeful. This has always been the case throughout history. Getting paid the right salary takes your mind off worrying about your financial stability but it cannot generate happiness and real creativity. People are looking to feel a part of something bigger, they want a sense of purpose and they want to know that they are being appreciated and that their voice is heard in their working environments. In IT, engineers always want to express their creativity and contribute to the ongoing process of optimizing and improving a product experience. When you give them the right conditions they will bloom and the results will exceed your expectations.

In relation to this, do you feel the iGaming sector is providing more unique, inspiring projects and why is this?
With the US markets reopening I think we are entering a decade where we will see booming innovation. Old legacy systems are constantly in the process of being replaced by newer more flexible solutions that are also much more integration friendly. This leads to a stream of new companies and solutions that we will keep on seeing in the industry and with them the rise for talented engineers that can contribute in driving the wheels of innovation forward will always come short in comparison to the amount of ideas that this market will strive to manifest in the near future.

Ahead of 2019, recruiters are saying that demand for tech talent is outstripping supply across fintech, gaming, etc. How does your disruptive, teamled approach combat this?
That is totally true. I believe that outstaffing is one of the only chances for scalability in the long run for any fast growing company. Aspiring to have as many of your people inhouse can be great to a certain extent. Scalability will remain an issue for any company within the EU or the US just as much. With ever growing wages and more diverse IT job opportunities in the market HR units are being pushed into a corner. Ukraine is an IT hub for outsourcing. It is still the leader of today’s market with the most mature level of senior and median software engineers with an increase in IT graduates entering the market at a staggering rate there is no doubt that they leave dust to many eastern european countries that strive to increase their entry into the IT market. Hyperion provides a clear advantage which allows us to attract the brightest minds to enjoy working with highly challenging and interesting projects in European conditions. Such a win win is how we allow companies to scale when they need it the most. In every fast growing tech company, time is of the essence!

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French Sports Betting Revenue Increases in Q1 2019

Niji Narayan

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French Sports Betting Revenue Increases in Q1 2019
Photo Source: wikimedia.org
Reading Time: 1 minute

 

French online gambling market has experienced year-on-year growth in the first quarter of 2019. The growth is primarily due to a 52% increase in revenue from the sports betting sector. Overall revenue for the three months to March 31, 2019, amounted to €357m. Sports betting was the main source of income with revenue of €222m.

Football was the most popular sport to bet on in France, with punters wagering a total of €716.8m, followed by the English Premier League on €73.3m and Europe-wide the Champions League with €68.0m.

Tennis wagering was also up 53% year-on-year to €250.0m, boosted by a 138% rise in bets on the Australian Open, while basketball betting climbed by 42% to €177.1m. Horse racing revenue, which ARJEL reports separately to sports betting, came in at €67m in the quarter, up 3% on €65m last year.

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