Party Poker History

Party Poker’s history is one of the oldest and most storied of online poker sites. Party Poker was launched in 2001, and quickly took the spot of top poker network. Its games back then were a poker players fairytale, people were winning for massive amounts, and there were plenty of players. In 2006 with the passing of the Unlawful Internet Gambling Enforcement Act (UIGEA), Party Poker closed itself off to the U.S. Market, and has not re-opened since.

After closing itself off, PokerStars and Full Tilt filled the vacuum party once filled, and party became small, but still a soft site, that Americans longed to be back on. In recent years Party has grown remarkably, and with the recent closure of Full Tilt, Party is poised to gain a lot of new traffic. Party Poker is currently owned by bwin.Party, and is currently traded on the London Stock Exchange under code BPTY

Important Dates in Party Poker History

1997 – PartyGaming is founded, along with Bwin, known at the time as Betandwin

2001 – PartyPoker launched

June 2005 – Party Gaming has their Initial Public Offering on the London Stock Exchange, company valued at £4.64 Billion

October 2nd 2006 – Party Gaming withdraws from the United States in response to the passage of the UIGEA

2009 – PartyGaming agrees to pay $104 Million over the course of four years to the United States Government, as part of a no prosecution agreement, in relation to their targeting of US Players before 2006

November 2009 – Party Poker acquires the World Poker Tour

June 2010 – PartyGaming is the first company allowed to operate legally inside France

March 2011 – Party Gaming PLC and Bwin Interactive Entertainment AG Merge to become Bwin.Party Digital Entertainment

Review

Up to 2010 PartyPoker’s software left a lot to be desired, it didn’t properly function someof the time, and was generally second to stars and full tilt, in 2011 Party pushed a major software update that brought it to a piece of quality software, and added many features that real poker players need, note taking, mac support, and most importantly, reliability.

Partypoker has also drawn in a lot of players with its promotions that offer astounding value, including the Gladiator Promotion, which offered dedicated grinders trip to the Main Event at the World Series of Poker in Las Vegas. The World Domination promotion, where people raced to collect countries that were given out for points, for large cash prizes, up to $100,000. Party Poker’s VIP system offers up to 44% Rakeback to its most committed players, along with a $500 Deposit Bonus.

To Take Advantage of the most Party Poker has to offer, sign up with us at pokerflux by using our banners located on this page, or with code POKERFLUX on signup, you’ll be eligable for the $500 First Deposit Bonus, and all other amazing promotions Party Poker has to offer.