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02/16/2012 : UP-AND-COMING SOCIAL POKER CONTENDER?
Rounder Inc has an interesting background...and high ambitions for the future
A new competitor in the internet social poker sector surfaced this week as Zynga was expanding on the favourable prospects for the future. Titled Rounder Inc, the company said it was preparing for the opportunities presented by the possible legalisation of online gambling...and revealed that it already has 2 million players recorded on its Rounder Life.com website.
The company's stock is currently changing hands at around 76c, giving it a market capitalisation of some $9.87 million. Founder John Stanton was originally focused on the development of energy, green energy and biofuel projects, but he clearly sees more potential in online poker, and expects player interest to soar once Rounder is available on Facebook with effect from next (March) month.
Newly appointed chief executive Don Baruch says the company is "...a convergence of leading businesses that capitalize on technology, creativity, reputation and expertise to develop and exploit opportunities in real and virtual online and live gaming," and claims that players visiting his site prefer it to the Zynga offering.
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Gambling News :
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.
Team Hot Launches -
#teamhot The Philippines licensed and GGNetwork-powered online poker operator Natural8 has announced the appointment to its "Team Hot" professional player line-up of Asian poker aces Kitty Kuo, Xuan Liu and Dong Kim.
Netent Q3-2016 Earnings Report -
#netent The UK continues to be an important growth driver but the weaker pound had an estimated negative effect of about three percentage points on revenue growth compared to the same quarter last year.
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