Online Poker Industry Report Aug 18, 2008

Looks like the summer slowdown is kicking in.  The overall market was off about 5.5%.  A lot of that came from the 7.5% slide by Stars.  Microgaming had the biggest loss at 10% which followed a slightly down week the prior and an off week two weeks ago.  They’ve slipped below Pacific and seem to be running neck and neck with Bodog for bottom of the pack. 

 

Untitled-1

Source PokerSiteScout

Party probably staved off a loss for the week on the back of its record breaking bad beat jackpot which crossed the $1 million dollar mark.  That comes the week following Party hosting a $1 million guaranteed that they crushed offering a $1.2 million prize pool. 

This week saw the FTOPS IX come to a close with their $2.5 million guarantee being played out on Sunday.  Tilt missed the guarantee by about $60K but they more than covered their loss in fees ($170,800).  It also came at the end of 17 other big events so not a bad. 

Tilt player yuvee04 was impressive winning back to back FTOPS events worth over $170K.