Chinese Poker Online - Hot or Not?
Published: Friday, September 02, 2005 Online-Casinos.com
CHINESE POKER ONLINE
If the authorities allow it, this could be a significant market
Poker News published an interesting study of the Chinese potential for poker this week, saying that it is the next logical step for the poker industry. Despite cultural differences, the game is set to take the country by storm as long as it doesn't offend the government.
Apparently a high tech holding company named Dragon Ventures is one of first groups to enter the untapped Chinese poker market with a prospectus that says it acts as an incubator of high-tech companies in the country, offering support in critical functions such as general business consulting, the formation of joint ventures, access to capital, mergers and acquisitions, business valuations, and revenue growth rates.
The company has announced a letter of intent to acquire the exclusive marketing rights for Cardroom.net, giving it advertising rights throughout China, Hong Kong, and Taiwan and a big pay-out if the game takes off in China. It will receive a 40 percent commission on all revenues net of expenses, chargebacks and other miscellaneous transaction fees on all referrals generated by the company.
According to Dragon Venture's CEO Lawrence Wang, there is a lot of attention surrounding the new market and profit possibilities. "We are extremely excited about marketing rights for CardRoom.net. As the popularity of poker explodes in the U.S. and Europe, we believe that the popularity of poker will be gaining traction in China, Hong Kong and Taiwan in the very near future," Wang said in a recent press release.
"We are formulating our marketing strategy with marketing professionals in the gaming industry in China. The economic profits for us could be tremendous for years to come, considering the rapid growth of the online gaming industry in China, Hong Kong, Taiwan."
An old favorite brought back under a new software brand, U.S. friendly.
Use just one account to access poker, sports book and casino gaming.
Excellent number of high-quality games and great support.
Nice sign-up and on-going bonuses with fast cash withdrawal processing.
Good selection of fun games including some new, innovative games on offer.
Huge sign-up bonus with reasonable wagering requirements and an excellent look and feel.
New players receive an insane 200% bonus up to $1000 free on both their first and second deposit.
New players offered up to $888 free in sign up bonuses, a special bonus available for blackjack players as well.
