Showing posts with label PokerStrategy. Show all posts
Showing posts with label PokerStrategy. Show all posts

July 12, 2013

Playtech buys PokerStrategy

Playtech have acquired PokerStrategy for just over 38 million euros from parent company Etruvian Holdings.

In a surprise announcement on Thursday 11th July Playtech said it would further strengthen its position in the online poker market.

PokerStrategy has a poker community and school that has a 6 million membership, that Playtech would certainly view as a strategic asset in its quest to ensure a strong player liquidity pool.

PokerStrategy made pre-tax profit of €19.5m in the last calendar year though it has lost two of its biggest customers recently.