Microgaming has announced it is closing its Microgaming Poker Network (MPN) next year.
The popular slot developer, which is known for slots such as Thunderstruck II and Immortal Romance, announced the news today (September 20), revealing that it would be closing its MPN in 2020.
According to the official Microgaming press release, the firm made the decision following an internal review of its software supplier’s product portfolio and strategy.
The slot provider revealed that full details about MPN’s closure will be made available on the MPN blog within the coming weeks but reiterated that all upcoming promotions, games and tournaments will remain available until the service’s official closure.
Microgaming CEO John Coleman said in a statement: “The network model no longer fits with our strategic vision for poker, and this is the right time to announce the closure as we focus on redistributing key resources and personnel across the business.
“While the network will be closing, this is not the end for poker at Microgaming, which is driven to create the most enjoyable entertainment experiences, leading the way with world-class gaming content. Ultimately, this move will help the business to achieve that vision as we follow a new strategic direction for the vertical, details of which will be revealed in due course.”
Microgaming’s announcement marks the beginning of the end for the MPN which has been operating for more than 16 years and has received countless awards.
The news comes just weeks after Microgaming announced the return of the MPN Universal Championship of Poker event which is currently underway. The tournament consists of 94 events with multiple prizes worth over €20,000 and buy-ins ranging between €2.20 and €320.
While the firm’s MPN may be shutting down, Microgaming has shown no signs of slowing down in its slot development. This month along Microgaming has released three new slots in partnership with independent studios.
The new games including Just For The Win’s Tweethearts, Neon Valley Studios’ Aurora Wilds and Slingshot Studios’ Banana Odyssey. All games are packed with special features and include jaw-dropping visuals with traditional Microgaming gameplay mechanics.