Ten Seat Poker Fully Operational
Published: Friday, June 24, 2005 Online-Casinos.com
TEN SEAT POKER FULLY OPERATIONAL
New site operates through Red Felt
Test programs completed (see previous InfoPowa reports) Ten Seat Poker.com is now fully operational CYOP Systems International Inc. announced this week.
Operated through the company's UK subsidiary Red Felt Software Inc. the no-download Texas Hold'em poker game at TenSeatPoker.com is ready for cash play, saving players the hassle of installing large files on their computers. A secure transaction system has been developed with multiple layers of security and redundancy, allowing players to use multiple forms of payment.
The site joins more than 200 online poker sites that are collectively generating about $3 billion a year in revenues, equal to 60 percent of last year's $5 billion in gambling revenues from all of the Las Vegas "Strip" according to some analysts.
Making the announcement, Mitch White, CEO of CYOP, commented, "We are happy to have taken CYOP's poker out of development and into revenue. The amount gambled on poker websites around the world in 2005 is estimated to be more than USD $60 billion, and the commission revenues around USD $3 billion. CYOP intends to begin marketing its software immediately to the end user and through business partnerships with existing gaming sites and portals."
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