Online Poker Industry Report July 23, 2008

Sorry for the late post this week. My hard drive fried and I lost an entire day getting that replaced.

The online poker industry had a slow but positive week.

Everest must be doing something screwy (I’ll have to do more investigation on that) as their numbers have been whipsawing all over the place. They’ve been posting numbers like -7%, +20%, -17%, and this week +23%. Either they’ve got something happening in a key territory for them or their players are addicted to bonus offers.

UB gave up almost exactly what they gained the previous week so perhaps they weren’t bucking the trend as effectively as I thought.

weekly-numbers

Source PokerSiteScout

Most of the rooms did well (combatively) on their big guarantees Sunday. Full Tilt Poker did their monthly bumping the $750K to $1 million which they covered. Party narrowed their overlay on the $300K and Stars hit $1.7 million on their $1 million guarantee.