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 legalization 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.