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DevilFish Poker Relaunching
Thursday February 5,2015 : DEVILFISH POKER RESURFACES
Blast from the past to relaunch
Crowdfunding platform Funding Tree is leading a round of fund raising for the relaunch of DevilFish Poker scheduled for March 2015.
DevilFish Poker, fronted by colourful UK professional poker player Dave ‘DevilFish’ Ulliott, was a powerhouse in its heyday reporting revenues of GBP 783 355 and gross profit of GBP 525 115 in 2010.
The company was sold to The Weather Lottery in December 2010 for GBP 40,000 in cash and GBP 290,000 in shares but sadly remained dormant post-sale.
It was later sold to Jeff Williams, managing director of the Group’s Online Gambling subsidiaries at the time, and an experienced seed investor, for a nominal GBP 1.
Williams has sunk GBP 100 000 back into the brand and said he aims to reestablish DevilFish Poker as “a leading UK online poker room”.
The relaunched poker site, which will once again be backed by Dave ‘Devilfish’ Ulliott, will reportedly sit on the NYX Poker network (formerly Ongame) and will launch with a historic database of 10 000 registered players.
Williams has signed a joint venture between DevilFish and Grassroots Poker, a public house poker tournament provider in the Greater Manchester area, which he expects will channel players to the online poker site.
Majority shareholder Williams is looking to raise GBP 100 000 in working capital for a 10 percent equity in the firm, effectively valuing DevilFish Poker at GBP 1 million.
The company employs the services of Andrew Power as operations director and Angus McGlynn for SEO and design. Dave Hulme who runs the Grassroots Poker operations will act as consultant.
In closing, Williams said the Devilfish brand has a hidden value which the company believes it can re-energise to become one of the leading brands throughout the gaming industry and as a result deliver exponential capital growth to fellow investors.
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Tim Chung Wins MPNPT Manchester -
The 288-runner £550 MPNPT Manchester Main Event today crowned its champion, awarding the bulk of the £150,000 total prizepool to the nine players surviving after two days of tournament poker at the Grosvenor Casino.
MPNPT Manchester Day 2 -
Day 2 of the £550 MPNPT Manchester Main Event saw 60 Day 1 survivors (from a total of 288 entries) and three intrepid last-minute registrants sit down to play to the final table.
Day 1B MPN Poker Tour Manchester -
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Day 1A MPNPT Manchester -
The £150,000 guaranteed MPNPT Manchester kicked off today in style – 74 poker players from all over Europe arriving at the Grosvenor Casino to contend the first of two starting days
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3 New Betsoft Slots -
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2017 Bodog Super Millions Poker Open -
The first events on the 105-tournament schedule have already been completed; there are three more tourneys on Thursday’s schedule, with a total of $34,000 in guaranteed prize money waiting to be won.
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The Railbird Launched By Americas Card Room #acra -
Watching your friends conquer the tables just got a whole lot easier. Americas Card Room recently launched its industry-first Player Observer Tool dubbed “The Railbird”, a new feature that allows players seated at Americas Card Room tables to instantly share a live stream of their action with friends.
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