The online casino at VideoSlots has announced that it is set to launch a three-dimensional (3D) poker service early next year after acquiring the relevant technology from the estate of former operator PKR Limited. Malta and United Kingdom-licensed VideoSlots.
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08:45
14 Oct

Online Casino operator Videoslots bought PKR's 3D Poker software. Will they take it to its max potential or repeat the mistakes of the past?

PKR is one of the most heart-breaking stories of wasted potential in poker history. The site had a unique selling point, a 3D Poker room that allowed you to customize your 3D avatar, similar to an MMO. It felt like a videogame in which you could play for real money.

Technically, every online poker site is a videogame in which you can play for real money, but this one actually looked the part, which attracted recreational players.

PKR's graphics requirements made the games slower than their competitor's, which dissuaded pros and bumhunters from preying on recs.

PKR was a unique site with a fun gamer gimmick and a decently sized player base that loved the site. Why then, did it suffered through a slow and miserable death on MPN?

PKR's Slow and Miserable Death, Explained

Like Andrew Burnett explained on this great post-mortem, PKR's management made one poor business decision after another, eventually bankrupting the site.

After joining MPN, PKR steadily lost money until they had to go into Administration - a procedure that protects insolvent companies from going bankrupt.

The mismanagement was so extensive that they wouldn't even pay back their 60,000 players, despite ostensibly keeping segregated funds.

The players eventually received their money, PokerStars gained some well-timed good PR by stepping in and bailing them out, at least PKR's poor management was profitable for someone.

Videoslots Buys PKR’s Software

Despite its fate, people loved playing on PKR, and with the influence of platforms like Twitch poker shaping the industry's strategies going forward, it seems like the time is right for 3D Online Poker.

Perhaps seeing this wasted potential, Videoslots bought PKR's software to form the basis of their first foray into online poker.

Videoslots currently offers almost 2,300 slots and table games, including a competitive form of slots called 'Battle of Slots', which functions similar to a poker lobby.

So is Videoslots the manager PKR needs to achieve its full potential? Hollywood bet mobile login app login.

Only time will tell. However, PKR's concept is so well suited for today's gamer-focused poker industry that only an incompetent fool could mess it up.

Videoslots now owns PKR's Mac, PC, iOS and Android clients, however, they only plan to release a rebranded PC version in 2018, with mobile and web versions coming soon after.

Categories:Casino Blog, Online Casino News|Published by:

Videoslots, one of the leading brands in the online casino market, seems intent on expanding the scope of its operations. At the moment, Videoslots is one of the richest online casinos in terms of the number of slots on offer. Now, Malta-based company is looking into purchasing defunct online poker brand PKR.

Market Pioneer that Couldn’t Hold

PKR was the only true 3D online poker room around. From the very beginning, the company had a different vision in mind. Unlike other online poker rooms, they wanted to offer a unique kind of experience to their players. With the full 3D environment and various customization options, PKR players were getting an experience that was close to actual live poker.

However, despite the vision, PKR started having problems with the player liquidity. The room simply couldn’t attract enough players interested in this unique experience. A majority of players were more interested in getting in as many hands as possible in an hour.

PKR tried to resolve these problems by joining Microgaming Poker Network. They thought this might help them bring more players, as they became a part of a large network with many rooms already in. This didn’t happen, though, as they became just another room on MPN, possibly losing some of its uniqueness in the process as well.

Finally, in May, PKR had to throw in the towel. The site first went under with no explanation, leaving many players in fear. A few days later, the company came out with the statement explaining the situation, but also announcing they’d be closing the shop.

The problem of outstanding balances was a large issue as PKR entered administration, but PokerStars took care of that part, paying all PKR players in full and transferring them over to their client. As for PKR, its destiny remained a mystery until today.

What Can Videoslots Do for PKR?

According to Alexander Stevendahl, Videoslots will be purchasing PKR’s online poker technology and launching their unique 3D poker room. This is great news for all PKR fans out there. It was really unclear if anyone would be interested in PKR after they went bankrupt. Luckily, people behind Videoslots recognized the uniqueness and the potential of the room.

Exact plans Videoslots has for PKR are unclear at this point in time. What is certain is that the company wants to expand into the world of online poker as well. Doing it through a well-established and quality software solution should help in achieving that goal.

The company has already claimed its spot as one of the leading gaming sites. They’ve proven their dedication to the players, constantly adding new titles to their library of games. If their plans for poker come with the same level of dedication and innovation, we should expect a top quality product.

For a while, there’s been an outcry in the poker community for a new online poker room. With the resources, trained staff, and the experience, Videoslots could position themselves as this new operator.

Of course, it is still too early to make any predictions, but there is no doubt this is good news for all poker fans out there.

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