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Changes May Come Up For Online Poker Site. 2005-12-12
An online poker site may be in the process of takeover negotiations with a software provider and owner of another Internet poker site. The two companies so far have signed a memorandum discussing the possibility of a takeover. If the negotiations go through, the takeover will make this firm larger than all the rest.
500 Million is the price of the deal for an Internet poker company, which currently dominates Western Europe and Russia. The company acquiring this company already has footing in North America and the United Kingdom. So such a take over would lead to a monopoly of players to one Internet poker site.
(By Andrea)