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Gambling.co.uk: Gambling News Archive

Midas announce the start of SharkPoker as its licensee

Newly independent company is pleased with first month’s progress

Thursday 30th September 2004



Midas Entertainment Inc, has announced that SharkPoker.com has now gone live with Midas supplied software. It is just one month since Midas and AngelCiti Entertainment organised the dividend out of shares in Midas, in order to separate the operations and management of the two companies. That move was taken in order to allow Midas to fully concentrate on developing the poker concerns of the company.

SharkPoker.com is now the second licensee of the company. So far in its first months of operations, Midas has seen 1500 players pay to sign up, and have been responsible for the processing of US$600,000 in transactions. The management of company are very pleased with progress so far and say that more is to come and will be announced soon.

President of Midas George Gutierrez, made the following comments on the SharkPoker launch, and the progress of Midas so far: 'We are excited to bring on our second licensee, and have more in the pipeline that we will be announcing soon. The company is off to a phenomenal start that has even exceeded management's expectations, and in October, we will be announcing our September results, as our first calendar month of operations.'




Source: OnlineCasinoNews

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