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PUREPLAY ONLINE POKER CLAIMS 1.7 MILLION PLAYERS
PurePlay, the largest legal U.S. play-for-cash online poker destination, announced this week that it has achieved record growth through 2008, doubling its player base to 1.7 million, which it claims is an order of magnitude larger than its nearest competitor.
"Our membership base remains unmatched among legal U.S. play-for-cash poker sites," said PurePlay CEO Jason Kellerman. "Our growth in 2008 validates our business model, which is to provide entertaining, challenging and financially rewarding opportunities to play poker with zero risk of losing money. We believe that our approach is geared for success at any time, but never more than now in today's economy where 'thrift,' 'value' and 'risk-free' are watchwords in every household."
San Francisco-based PurePlay is the first and largest legal play-for-cash online poker destination, boasts Kellerman. Through a patented business model, PurePlay enables players to compete for cash without ever putting their own money at risk. The company was founded in November 2004 by Silicon Valley entrepreneurs with venture capital financial backing, and launched in November 2005. Kellerman says the site has awarded over $4 million and is the fastest growing legal online cash poker destination.
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Gambling News :
Phil Ivey Loses Borgata Casino -
Phil Ivey has lost in his four-year legal tussle with the Borgata over baccarat winnings; on Friday a US federal judge ruled that he and a companion violated New Jersey state gambling regulations in the manner in which they won nearly $10 million playing at the Atlantic City casino.
NYX Gaming in deal with Endemol -
"Endemol Shine’s IP will be a strong addition to the NYX portfolio of content and we look forward to working together to bring additional instantly recognizable brands to market.”
NEW CAMBODIAN GAMBLING LAWS -
After more than two years of debate and drafting, Cambodia may be closing in on final agreement regarding its proposed gambling law changes.
Playtech Acquires ECM Systems -
Online gambling soiftware provider Playtech plc has announced the acquisition of a ninety percent stake in UK bingo software developer ECM Systems for a consideration of GBP 14.9 million.
Marks and Spencer store Manager steals to Gamblie Online -
The Cambridge News reports that a 28-year-old manager of a Marks and Spencer store, Martin Trenor, has been jailed for three years for stealing GBP 254,538.11 in shop takings over the course of a year and spending it almost immediately at online gambling websites.
Chinese Gambling crackdown could damage high roller revenue -
Fast-moving events this week have seen Australian media reports quoting hundreds of millions of dollars wagered by Chinese high rollers in Aussie land casinos, offset to some extent by Crown claims that this whale gambler" demographic generates only 12 percent of turnover.
EvenBet Open Face Chinese Poker -
Open Face Chinese Poker online games provider EvenBet has reported that its Open Face Chinese Poker product is gaining traction with games recently integrated for desktop action at the Malta-licensed operational site Poker Grant.
2016 EPT Malta -
The European Poker Tour is off to a good start in Malta, with German pro Dietrich Fast claiming a well-earned Euro 174,000 main prize in the Euro 10,000 buy-in Single-Entry Rebuy event.
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