Online Poker News - By Jim of RakeDrop.com 1/20/2006
Poker Share entered the online poker world last year with a
unique marketing scheme that not only allowed players to battle
it out at the tables, but also allowed them to share in the
companies profits. The concept went over very well amongst
online poker players and Poker Share began to grow at a rapid
pace.
The
rapid growth came to a screeching halt when Excapsa, the network
provider, decided to pull the plug on all USA owned Poker Share
accounts on November 1st of this year. It then
removed all of its support from the room and eventually caused
them to shut down later that month.
Poker Share has openly stated on their website,
www.pokershare.com, that is holds Excapsa responsible for
its room being closed down. According to the London Sunday
Express, Poker Share has filed suit against Ultimate Bet for 100
million pounds. Poker Share had an agreement with Excapsa that
its player base would be shared with Ultimate Bet and it blames
them for the shut down.
It
will be interesting to see how this lawsuit turns out, Ultimate
Bet and Excapsa have been reported to be considering a float on
the London Stock exchange and analysis believed the company
could be worth 200 million British pounds.
Poker Share is planning to re-launch its program on another
platform. The question remains will players be receptive to
rejoining Poker Share after the company had failed the first
time around. Poker Players not proved very loyal to novel ideas
and great concepts carried over by rooms who have failed in the
past. We will keep you posted on updates that take place in this
suit.
Related Article:
11/02/05 = Poker Share cancels all USA accounts with no warning - huge
mess.
Update: Poker Share has relaunced on the TAIN Network visit our
Poker Share Review
to get the maximum Poker Share bonus codes.
