The EquityPokerNetwork.com is set to revolutionize the network-operator dynamic with the launch of the world’s first non-profit online poker network.
The EPN approach passes control to the operators, who form a management committee known as the "cooperative", where voting power - and the redistribution of network profits – is based on the volume each brings to the network.
“Establishing a viable network was a key part of the process if we also wanted to operate a sustainable, profitable poker business with full liquidity, while providing fun, excitement, and a safe environment for the recreational player,” said industry veteran and network founder Clive Archer.
Stability and security are emphasised for both poker room operators and players across the network, highlighting its clearing-house function. This holds sufficient funds "in escrow" to meet liabilities to the network and to cover cross-cage payouts between EPN rooms.
The insurance effectively insulates the network and the operators from the failure of one single operator, as the funds are held separately and cashflow is never impacted.
Archer added: “We feel we have the right model, platform and people to operate a network most successfully, providing operators with a fairer future, and players across the network with a secure and entertaining poker experience.”
Operators are also afforded a level of autonomy to configure their own tournaments and promotions.
