According to the CEO of mybet Holding SE, Zeno Osskó, the reason for the closure is the fact that the poker section of Mybet didn't contribute much to the total revenue of the company (just €1 million coming from poker in 2015 from a total revenue of €63 million) and that they do not see a sufficient growth potential in online poker.
This summer, Mybet will be moving over their services to a "new high-performance IT platform" and completely focusing on their more successful sports betting and casino games offering.
Players can collect Mybet poker points until June 29 and can convert these points to cash until July 15. The room will be closed on June 30 and player funds are going to be moved to the main mybet wallet.
The iPoker network is currently in 5th place on the online poker cash game traffic leaderboard and is home to rooms like Coral Poker.
Players who register to Coral Poker through Rakerace.com can take advantage of high-value promotions to get the most out of their play.
In June, Coral Poker organized 2 x $5,000 ($10,000) exclusive cash races for Rakerace.com players and the returns have been exceptional!
The first $5,000 exclusive race of the month provided an average raceback of 60% and as of the latest update, the second $5,000 race of the month will provide similarly high returns. The top 10 spots on the race leaderboard can be easily reached even if you only join the race now!
In addition to the exclusive races, players can enjoy the benefits of the room's various VIP offers.
Rakerace.com players are automatically put on the highest VIP level (30.48% cashback) and can also take advantage of the 100% max £200 first deposit bonus, which provides a 30% cashback.
Coral Poker room review and registration
Coral Poker - $5,000 exclusive race - 2016 June 1 - 15
Coral Poker - $5,000 exclusive race - 2016 June 16 -30
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