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Article: AngelCiti to Split Off Online Poker Operations into Separate Development Unit.
- Article from:
- PR Newswire
- Article date:
- February 10, 2004
CopyrightCOPYRIGHT 2004 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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AngelCiti Entertainment's (BULLETIN BOARD: AGEL) wholly owned subsidiary Worldwide Management announced that it will split off its online poker operations into a separate unit to more fully exploit the meteoric growth of the online poker industry. While online gaming itself continues to grow at a dramatic pace, the online poker industry has more than tripled in the past year according to statistics provided by PokerPulse.com, with an estimated $16 billion to be wagered at online poker websites this year.
The Travel Channel's 13-week "World Poker Tour" series has been a ratings success on television, quickly becoming the highest-rated programming on the network ...