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Data Analysis and Breach of Privacy
It is worth noting that there were at least two independent analyses
of the PokerStars dealer mechanism that presented data outside the norm.
For some, this data was evidence that PokerStars was rigging standard
games or at least that the dealer mechanism was not random.
PokerStars did react to this story by providing these studies with
more comprehensive data sets to work with. In doing so, PokerStars
breached the privacy contract with its players. Although user names were
stripped, hand logs are publicly available, and it is possible to
associate individual players with the released data.
Amaya Only Cares About Its Bottom Line
Associating with the owners – the Scheinbergs – prevented PokerStars
from entering US markets, which eventually led to the sale of PokerStars
to Amaya. And this new change of ownership has led to the issues we
see today. Amaya does not care about the players or the business
partners of PokerStars.
Amaya added a 2.5% foreign currency transaction fee when depositing or withdrawing funds into PokerStars. And it did this WITHOUT NOTIFYING ANY OF ITS PLAYERS. This was just an added tax to increase Amaya’s bottom line.
Amaya increased the rake at PokerStars in late 2014! Rakes were
increased on cash games, mtt’s, sit-n-go’s… basically everywhere.
Again, this is another tax added to increase Amaya’s bottom line at the
expense of the customer base.
And the final straw is Amaya’s destruction of it’s partnership
agreements – changing their compensation from the life of the player to
two years is utterly devastating to their list of long-established and
trusted marketing partners.
If you do business on the Internet or play online poker, you simply can’t trust Amaya.
Is PokerStars Trustworthy?
The most egregious act destroying any remaining goodwill PokerStars
may have had came very recently. On May 1, 2015, PokerStars sent an
email to its online marketing partners drastically changing the terms of
their agreements, causing significant damage to all of their Internet
partners for their own benefit.
Marketing partners of PokerStars had an agreement – that they would
receive a certain percentage of the revenues that PokerStars earned off
players referred by that partner. And that revenue share plan would
persist for the life of the player.
On May 1, 2015, PokerStars unilaterally changed the terms to only compensate their marketing partners for only two years.
AND PokerStars MADE THIS RULING RETROACTIVE.
What this means is that marketing partners that have been supporting
and promoting PokerStars for years and years will lose all revenues from
those players. They will only get compensated for players from the
past 2 years. For partners that have been sending PokerStars traffic
for over a decade, built up a sizable database of players, and developed
those players, will lose 90-95% of their marketing revenues.
Basically, this is a breach of contract and PokerStars is more than willing to completely screw their partners.
You can read the full email below:
Email from PokerStars
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