Microgame (company)
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Microgame S.p.A. is an Italian
online gambling Online gambling (also known as iGaming or iGambling) is any kind of gambling conducted on the internet. This includes virtual poker, casinos, and sports betting. The first online gambling venue opened to the general public was ticketing for th ...
joint-stock company A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareho ...
. The company operates both as an
application service provider An application service provider (ASP) is a business providing application software generally through the. ASPs that specialize in a particular application (such as a medical billing program) may be referred to as providing software as a service. ...
and developer of online platforms and integrated systems of service, and through the online community ''People's Poker Network'', which is made of more than 130 online partners in all Italy and counts more than 1.5 million gaming accounts. Microgame has around 30% of Italian
online poker Online poker is the game of poker played over the Internet. It has been partly responsible for a huge increase in the number of poker players worldwide. Christiansen Capital Advisors stated online poker revenues grew from $82.7 million in 2001 t ...
market (as of October 2010) and 27.1% of online
sports betting Sports betting is the activity of predicting sports results and placing a wager on the outcome. Sports bettors place their wagers either legally, through a sportsbook or bookmaker (colloquially known as "bookies"), or illegally through priva ...
market (9.4% of overall sports betting market, as of July 2010). Major
shareholder A shareholder (in the United States often referred to as stockholder) of corporate stock refers to an individual or legal entity (such as another corporation, a body politic, a trust or partnership) that is registered by the corporation as the ...
s in the company are
private equity Private equity (PE) is stock in a private company that does not offer stock to the general public; instead it is offered to specialized investment funds and limited partnerships that take an active role in the management and structuring of the co ...
firms Monitor Clipper Partners and
TPG Growth TPG Inc., previously known as Texas Pacific Group and TPG Capital, is an American private equity firm based in Fort Worth, Texas. TPG manages investment funds in growth capital, venture capital, public equity, and debt investments. The firm inv ...
.


History

Microgame has been founded in 1996 by Italian engineer Fabrizio D'Aloia. Company's main activity was web applications development. In 1998, the company is along first movers in the online sports betting market, which at that time was just regulated. Subsequently, it became the first Italian
service provider A service provider (SP) is an organization that provides services, such as consulting, legal, real estate, communications, storage, and processing services, to other organizations. Although a service provider can be a sub-unit of the organization t ...
in the field, and expanded services furniture also in
Kyrgyzstan Kyrgyzstan, officially the Kyrgyz Republic, is a landlocked country in Central Asia lying in the Tian Shan and Pamir Mountains, Pamir mountain ranges. Bishkek is the Capital city, capital and List of cities in Kyrgyzstan, largest city. Kyrgyz ...
, Russia,
Georgia Georgia most commonly refers to: * Georgia (country), a country in the South Caucasus * Georgia (U.S. state), a state in the southeastern United States Georgia may also refer to: People and fictional characters * Georgia (name), a list of pe ...
,
Malta Malta, officially the Republic of Malta, is an island country in Southern Europe located in the Mediterranean Sea, between Sicily and North Africa. It consists of an archipelago south of Italy, east of Tunisia, and north of Libya. The two ...
, Austria, and United Kingdom. Between 2006 and 2007 (in this year, Microgame became a
joint-stock company A joint-stock company (JSC) is a business entity in which shares of the company's stock can be bought and sold by shareholders. Each shareholder owns company stock in proportion, evidenced by their shares (certificates of ownership). Shareho ...
), enters the online
horse racing Horse racing is an equestrian performance activity, typically involving two or more horses ridden by jockeys (or sometimes driven without riders) over a set distance for competition. It is one of the most ancient of all sports, as its bas ...
betting and online instant lotteries markets. In 2008, Microgame expands its gaming services: in March, online version of several lotteries are released; in May, launches the new integrated platform for members of the Microgame's network; in July, is officially launched the ''People's Poker Network'', followed a few months later by a new online gaming portal, after the regulation of
online poker Online poker is the game of poker played over the Internet. It has been partly responsible for a huge increase in the number of poker players worldwide. Christiansen Capital Advisors stated online poker revenues grew from $82.7 million in 2001 t ...
(September 2008). In 2009, Microgame exceeded 1 billion
euro The euro (currency symbol, symbol: euro sign, €; ISO 4217, currency code: EUR) is the official currency of 20 of the Member state of the European Union, member states of the European Union. This group of states is officially known as the ...
s in betting;
revenue In accounting, revenue is the total amount of income generated by the sale of product (business), goods and services related to the primary operations of a business. Commercial revenue may also be referred to as sales or as turnover. Some compan ...
s exceeded 248 million euros, producing a
net income In business and Accountancy, accounting, net income (also total comprehensive income, net earnings, net profit, bottom line, sales profit, or credit sales) is an entity's income minus cost of goods sold, expenses, depreciation and Amortization (a ...
of 11 million euros. Microgame also established an online poker "pro" players team, the ''People's Poker Team Pro'', launched a new platform for online
blackjack Blackjack (formerly black jack or ''vingt-un'') is a casino banking game. It is the most widely played casino banking game in the world. It uses decks of 52 cards and descends from a global family of casino banking games known as " twenty-one ...
and the first ''People's Network live'' event: the ''People's Poker Cruise'' (December 12–15, 2009), a
Texas Hold'em Texas hold 'em (also known as Texas holdem, hold 'em, and holdem) is the most popular variant of the card game of poker. Two cards, known as hole cards, are dealt face down to each player, and then five community cards are dealt face up in ...
tournament held on a
cruise ship Cruise ships are large passenger ships used mainly for vacationing. Unlike ocean liners, which are used for transport, cruise ships typically embark on round-trip voyages to various ports of call, where passengers may go on Tourism, tours k ...
on the
Civitavecchia Civitavecchia (, meaning "ancient town") is a city and major Port, sea port on the Tyrrhenian Sea west-northwest of Rome. Its legal status is a ''comune'' (municipality) of Metropolitan City of Rome Capital, Rome, Lazio. The harbour is formed by ...
Barcelona Barcelona ( ; ; ) is a city on the northeastern coast of Spain. It is the capital and largest city of the autonomous community of Catalonia, as well as the second-most populous municipality of Spain. With a population of 1.6 million within c ...
route. In 2010, Microgame launched another ''live'' tournament, the ''People's Poker Tour'', made of four legs to be held in four different venues:
Kranjska Gora Kranjska Gora (; ) is a town in northwestern Slovenia, on the Sava Dolinka River in the Upper Carniola region, close to the Austrian and Italy, Italian borders. It is the seat of the Municipality of Kranjska Gora. The tripoint between Austria, It ...
,
Slovenia Slovenia, officially the Republic of Slovenia, is a country in Central Europe. It borders Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the south and southeast, and a short (46.6 km) coastline within the Adriati ...
(April 9–12, 2010);
Budapest Budapest is the Capital city, capital and List of cities and towns of Hungary, most populous city of Hungary. It is the List of cities in the European Union by population within city limits, tenth-largest city in the European Union by popul ...
, Hungary (June 9–12, 2010);
Budva Budva (Cyrillic script, Cyrillic: Будва, or ) is a town in the Coastal Montenegro, Coastal region of Montenegro. It had 27,445 inhabitants as of 2023, and is the centre of Budva Municipality. The coastal area around Budva, called the Budv ...
,
Montenegro , image_flag = Flag of Montenegro.svg , image_coat = Coat of arms of Montenegro.svg , coa_size = 80 , national_motto = , national_anthem = () , image_map = Europe-Mont ...
(September 15–18, 2010); and
Nova Gorica Nova Gorica () is a town in western Slovenia, on the border with Italy. It is the seat of the Municipality of Nova Gorica. Nova Gorica is a planned town, built according to the principles of modernist architecture after 1947, when the Treaty of pe ...
,
Slovenia Slovenia, officially the Republic of Slovenia, is a country in Central Europe. It borders Italy to the west, Austria to the north, Hungary to the northeast, Croatia to the south and southeast, and a short (46.6 km) coastline within the Adriati ...
(November 29-December 5, 2010). More, also the new platform for
online bingo Online bingo is the game of bingo (either the US or UK variant) played on the Internet. Sites offering the game launched around 1996, and the global gross gaming yield outside of the United States was estimated at US$500 million in 2006, foreca ...
is launched.


References

{{Reflist


External links


Official Website
Online poker companies Online gambling companies of Italy Companies based in Campania