PokerStars cancels rake rise

Strategic changes were announced in October, which included a rake increase on heads-up hyper-turbo sit&go tournaments, with more changes being set to follow in 2015.

But the Canadian-owned operator has made a u-turn on the plans, with all previously announced rake increases being cancelled, with the exception of November’s changes to Spin&Go tables, which see rake rise to 6% for the $3 and $7 events and to 5% for the $15 and $30 events.

Eric Hollreiser, head of corporate communications for PokerStars and its parent company Amaya Gaming Group, wrote on the PokerStars blog: “After additional analysis and consideration, we have now returned the rake to pre-November 3 levels in most instances and have cancelled the planned additional increases.

“We will not increase any rake in 2015 other than in jurisdictions where we have already or will experience increased gaming duty or VAT.”

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David Cook served as an editor and writer for Gambling Insider from 2018 to 2020, where he played a central role in shaping the publication’s editorial direction. He oversaw the creation and implementation of the broader editorial strategy for Gambling Insider and its related publications, managing the production of 30 print magazines annually while also contributing to the management of GamblingInsider.com and a weekly digital newsletter.

During his tenure, David led the publication’s largest editorial team to date, guiding its expansion and ensuring consistent, high-quality output across all channels. He also hosted and helped launch the GI Huddle podcast, a project he was proud to bring from concept to reality.

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