Isle of Man-based casino software developer Microgaming has announced that it is to close down its poker network next year.

The Microgaming Poker Network cessation follows an extensive internal review of the software supplier’s product portfolio and strategy, signalling the end of a network that has provided online poker players with a number of gaming experiences for more than 16 years.

In the run-up to the network closure, which will be fully detailed on the MPN blog in the coming weeks, access to online tournaments, promotions and cash games will remain available to players.

John Coleman, CEO at Microgaming, said of the decision: “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.”