Waking Ideas Publishing - Culture & Critics Corner
Written By Danny Nicolas
Nearly everyone remembers PartyPoker.com, the largest online poker site, and the crushing effects of the Unlawful Internet Gambling Enforcement Act of 2006. PartyGaming's publicly traded stock dropped over 60% in less than a day, and they forced to pay a 105 million dollar settlement and drop all gambling business within the United States. Where are they today?
Now operating as "Bwin.Party Digital Entertainment", the business has continued, and through a series of acquisitions and mergers, become the world's largest online gaming company in the world, with yearly revenue over $500 Million. PartyPoker.com continues to operate a number of localized versions of it's online software, including a Danish localized version of PartyPoker.com
Read more on wikipedia.
Published on Friday, November 11th, 2011 at 10:33 am | Both comments and trackbacks are currently closed.