Browse > Home / Features, gambling / Boss Media Fines Licensees

Boss Media Fines Licensees

September 10, 2009

So here’s some good news in the world of eGaming, specifically online poker. I read this article on EGR this morning and through I had to write a post on it. From the article:

BOSS MEDIA HAS introduced fines for poker network licencees that rely too heavily on rakeback and don’t bring in enough casual losing poker players, or ‘fish’.

The rule will focus on the monthly payout ratio of individual Boss Media licencees, analysing the percentage of winning players against losing ones. The payout ratio is calculated by dividing the total cash game winnings by the total cash game stakes recorded for each site.

Now there a few things here that I wanted to chirp about. I’ve been involved with eGaming Marketing now for 7 years, over those 7 years I have worked with alot of providers all over the world. Since it’s a fairly unregulated market in certain areas (read: full of shoddy operations) there are some pretty interesting marketing practices.

For instance I have seen “retention” marketers that rely on heavy gamblers “move” these players from one “brand” to another and call it an increase in business (that is specifically for a single company that has multiple brands or websites). Frankly I’ve seen that so many times over the years that it makes me want to vomit.

PKR.com screenshot
Image by JohnSeb via Flickr

That’s not marketing, that’s saving your own skin because the out dated marketing practices you are using are not driving in the recreational players (or in the world of Poker the “fish”). Boss Media has it right, absolutely and completely right. The fine structure they are putting in place will force it’s licencees to invest in marketing and become mainstream – appealing to normal people out there.

Far too many eGaming companies out there rely on a stock of heavy gamblers to sustain their business. When they do this they can continue to provide crappy customer service, slow payouts and treat new customers like garbage. It’s a stigma that this industry needs to get through in order for it to be come mainstream.

Think about it, if I’m a normal person and become interested in Online Poker do you really think I’m going to deposit $100 or $200 into an operation that has outdated philosophies of customer service and marketing? Those days are gone.

It’s time for eGaming and Online Poker rooms to put the customer first, market to recreational players and get with it in all areas of their operation.

Good Job Boss Media. I wish that more providers would implement similar policies and weed out the dinosaurs of the eGaming industry.

Reblog this post [with Zemanta]
Related Posts
  • Using StumbleUpon Effectively Social Network Marketing is currently a hot topic in the world of Internet Marketing. Many people want to integrate a social media and social networking component to their marketing mix. The most common problem I see is Social Media Marketing thrown together in an ad hoc fashion and poorly executed.......
  • Ashton Kutcher - Twitter Desperation? Social Media Marketing and Twitter in particular is a great way for stars like Ashton Kutcher to generate buzz. In fact it's great for anyone and any business (when done properly). Now I'm as open minded to all sorts of Internet Marketing techniques but this one strikes me as......
Related Websites
  • How To Choose A VoIP Services Provider? VoIP or Voice over Internet Protocol is relatively a new addition to the cutting edge telecommunication industry. Using VoIP one can make a call over a broadband connection by installing certain VoIP hardware as well as VoIP software configuration.The biggest...
  • Learn How to Get Traffic to Blog When it comes to writing in a blog, simply writing and assuming that traffic will come is not exactly the right way to go about things. If you want to learn how to get traffic to blog, then you need...

Written by Dan Nedelko · Filed Under Features, gambling 

Comments

One Response to “Boss Media Fines Licensees”

  1. Vote -1 Vote +1chopper on September 11th, 2009 12:57 am

    nice views here.
    i agree that it is nice to see a network leading the way.
    too many networks die due to their skins bad policies, so this is understandable.

Join in on the Discussion! Comment Now: