Despite their successful, one-year partnership, India’s largest poker site Adda52 and Rockets Poker Room in Bangalore have called it quits.
Indian poker news website Gutshot Magazine reported that the two Indian poker sites have decided not to renew their partnership a year after launching Adda5 LIVE tournament.
The possible reason behind the non-renewal of the partnership between Adda52 – which came as a surprise to poker fans – was the departure of Praveen Dwarkanath, one of the two operating partners in Rockets.
“The association was for a year and we enjoyed the experience. We would like the new management of Rockets poker room to settle down and then explore any synergies later,” Anuj Gupta, Founder and CEO of Adda52, said in a statement.
Dwarkanath, who moved on to online poker site Poker Ninja to pursue his “other dreams” and follow his passions, was responsible for instituting reforms in the Bangalore poker scenes, including the implementation of cash-only policy.
He was also the person behind getting Adda52 to forge a partnership and be a part of the poker room. Upon their association, the room was rebranded as Adda52 Live, Rockets Poker Room.
“Rockets, as a result, ran some of the best tournaments during this time with excellent structures. A big plus of the tie-up was the tremendous value Adda52 brought by putting up 100x guarantees on these events which made it a very attractive proposition for players,” Dwarkanath told Gutshot, when asked about the reason for partnering with Adda52.
After Dwarkanath’s exit, Online Poker News reported Adda52 decided to put the contract renewal on hold until the new management syncs up with the operations.
Gupta, however, assured poker fans that Adda52 will continue in Bangalore and even expand in other parts of India. “We are exploring what is the right way to provide the best live experience to poker players in Bangalore and other cities,” he said.
Rockets had yet to give out a statement regarding the parting of the two poker sites.