Poker News & Strategies

UltimateBet and Absolute Poker considering merger?

Sun, 5 Nov 2006 , InfoPowa Send page to friend Bookmark page Smaller font Larger font Printer friendly

eGaming Review reported at the weekend that Absolute Poker and Ultimate Bet are about to announce their official merger on Monday. Rumors of a buy out of Ultimate Bet by Absolute Poker had been swirling around the industry for the past few weeks.

The two sites continue to take US bets, and are looking to consolidate liquidity levels in the wake of the Unlawful Internet Gambling Enforcement Act (UIGEA). Both sites are already sizeable players in the online poker sector, and the combined entity is expected to create one of the top three or four largest poker sites in the world.

Details are sketchy at this point, eGaming Review reports, and it is unclear how the new company will be structured and marketed to its largely US player base, though it is thought there will be a strong marketing push in the US poker market in the near future. It is also unclear how this merger will affect the staff of both companies.

Absolute Poker and Ultimate Bet were unavailable for comment. online poker has been dealing cards on the Internet since 2000, and is operated by eWorld Holdings, Ltd., licensed by the Kahnawake Gaming Commission. is arguably the world's fourth largest online poker destination offering worldwide access to multi-player online games 24 hours a day, seven days a week. Driven by proprietary software, claims to have the most comprehensive, interactive online poker room, providing such features as hand history, stat retrieval, player note taking, chat, locate a player, six table play, and representative image selection.

Both poker rooms use proprietary software.

Send page to friend Bookmark page Smaller font Larger font Printer friendly
♠ ♣ ♥ ♦ © 2004-2014 Professional Poker Online,   All rights reserved,   Terms of Use,   
Poker News Archive 2004 | 2005 | 2006 | 2007 Checkout our free online poker newsfeed