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Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker

05-22-2017 , 03:20 PM
http://www.partypoker.com/blog/mike-...g_announcement




Last edited by BEANO52; 05-22-2017 at 03:27 PM.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 03:24 PM
PartyPoker making the great re-rise !!

Congrats Mike
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 03:25 PM


. . . . and leaving WPT.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 03:38 PM
Wow that is actually great news! Best chance I've seen for a player friendly site. With the 40% rake back this is pretty awesome. Too bad I can't play there ugh.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 04:07 PM
His first move to ban playing online in boxers and must wear suits?
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 04:07 PM
The price of poker just went up!
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 04:29 PM
congrats Mike, going full circle back to PartyPoker
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 04:42 PM
mike sexton is the nuts. awesome move.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 05:30 PM
great news for poker. i would play on that site in a second, if allowed 😢. maye someday. goid thing for poker tho. 👍👍👍
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 06:46 PM
He has that much stock in the company? I thought chairman were usually the majority share holder.

Sent from my Pixel XL using Tapatalk
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 06:58 PM
Quote:
Originally Posted by sfetaz
He has that much stock in the company? I thought chairman were usually the majority share holder.

Sent from my Pixel XL using Tapatalk
I think on Joey's pod he talked about having a ton/maybe being the largest shareholder.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 08:24 PM
He has always carried himself very well. Good for Mr. Sexton.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-22-2017 , 09:52 PM
I think he actually talked about being bought out of his stock on the pod for $15 millionish, but losing out on $100 million plus by selling his stake in Party.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 02:05 AM
Which of Mike's duties as Chairman will he first accomplish and which will be the hardest?

1) Invest in software development to deliver an industry leading player experience
2) Improve customer services and strive to resolve player issues in the same day
3) Reward the loyalty of players who start games and keep the action going
4) Look after smaller bankroll players with value added promotions
5) Fight against the use of third party software that gives an unfair advantage
6) Invest marketing budgets within the poker community
7) Develop partypoker Live to become the largest live poker tour in the world
8) Support partners and have their backs
9) Only appoint management who get poker, who are trusted, and who actually care
10) Hold hands up to the poker community when mistakes are made.

===============================================

1) It would have been ideal if partypoker was able to buy FTP's software before. Too many players prefer playing on PokerStars software and don't like partypoker's.

2) Having 24/7 phone support could be an advantage, but first level support can be very frustrating. Need more service-oriented troubleshooters like Party_Rep (Colette) whom you can count on following up with the correct people to work towards a resolution.

3) Will probably be the first to accomplish, as the new loyalty scheme rewards mainly the grinders who can rake $25-$1,200 every single week.

4) The GTO for the majority of recreational players who do not rake >= $25 every week is to play elsewhere where they they will get credit for every cent of rake they pay, instead of zero rakeback. partypoker's promotions will have to be better than PokerStars, etc. to make sense for recs to play there with zero rakeback.

5) It looks like days of HUDs and other software are numbered at partypoker. The gap between recs and pros who will find workarounds will become even wider.

6) partypoker, both online and LIVE, will continue to risk overlays with the aggressive guarantees, as they consider it as marketing expense within the community instead of spending with outside advertisers. There will be a total of $50 million of guarantees with partypoker LIVE this year, and this will double to $100 million next year.

7) Probably the hardest to accomplish, with WSOP and 888Live also expanding. PokerStars may have screwed up the EPT but they are now partnering with the partypoker's former partner, WPT, in marketing swing back-to-back festivals.

8) Synergies with partners such as Playground Poker Club, Dusk Till Dawn, King's Casino Rozvadov, and Eurasian Poker Tour. They will need more partners in Asia and other continents to become the largest tour in the world.

9) Could be another challenge as parent company GVC had no poker expertise. Managers are more likely to have marketing, accounting or other skills besides poker or caring about poker players.

10) Mike understands poker players, so he will continue to have good relations with the community. Hopefully, he and John Duthie will help make improvements with the online product, such as currently no rakeback for recreational players (only if you pay >= $25 rake), 24-hour and other short-term expiring tickets, forced late registration, being forced to register with your expiring ticket only to have the tournament cancelled and not getting a refund, etc.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 03:20 AM
Good post. About the software; don't think Stars will ever sell ftp software to a competitor. Would probably cost them a ton in the longrun.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 04:55 AM
^ I don't think Amaya are above making decisions which will cost them a ton in the longrun.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 06:56 AM
This is great news for all of the sports books.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 07:48 AM
Quote:
Originally Posted by ChicagoJoey
PartyPoker making the great re-rise !!

Congrats Mike
"We are not aiming for second place. We are all in. Shuffle up and deal!"

sounds like the game is on!
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 08:43 AM
Bingo Bango Bongo!
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 09:14 AM
Quote:
Originally Posted by p2ryan
His first move to ban playing online in boxers and must wear suits?
actually this is quiet funny
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 09:19 AM
hopefully give the software an overhaul and then im really confident partypoker can make the strides necessary to cut the gap on pokerstars.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 10:02 AM
the voice of the poker boom. good luck man.
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 10:59 AM
Maybe they won't be marching with 2 left feet
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 11:32 AM
Quote:
Originally Posted by heisenburg
I think he actually talked about being bought out of his stock on the pod for $15 millionish, but losing out on $100 million plus by selling his stake in Party.
I did not listen to the pod, but what you describe fits my independent recollection of what wa reported back n the day.

Interesting development ....
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote
05-23-2017 , 12:15 PM
i think that partypoker has got a big problem at its software and overlay...the overlay is very minimalistic it would be better if it be more animatic
Congratulations!: Mike Sexton promoted to CHAIRMAN of PartyPoker Quote

      
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