Excapsa & Pokershare Poker Dispute Settle
Published: Wednesday, February 22, 2006 Online-Casinos.com
EXCAPSA AND POKERSHARE ONLINE POKER ROOM DISPUTE SETTLE
New online poker and casino gambling ventures by Pokershare planned
Fresh from its recent successful London IPO, online poker software developer Excapsa has settled its differences with online poker card room Pokershare in a confidential agreement.
The two companies have been at loggerheads since Excapsa excluded the player-profit participation poker site from its network back in November 2005, with Pokershare threatening to take the litigation route.
A spokesman for Playit Ownit Limited, the operators of Pokershare online poker room, said the company was pleased that an amicable resolution of its dispute with Excapsa Software Inc and its subsidiary, Game Theory Limited had been reached.
Commenting on ending the dispute, the CEO of Pokershare, Lucan Toh said: "We're very pleased to have resolved our differences with Excapsa Software Inc. and Game Theory Limited and wish them well. We consider them to be a very well run company and we will certainly be investing ourselves.”
Pokershare will be re-launching with new and as yet unspecified software in early March and Max Wright, Director of Gaming said: "We are in tip-top shape for our return to the market and are very pleased with our new partners. We fully expect to regain our status as the most promising site on the web."
Following the re-launch of its poker site, Pokershare will open an online casino gambling site in April 2006 to be called Casinoshare.
