Poker Channel for Sale
In recent reports emanating from the Telegraph newspaper the poker room Poker Heaven and The Poker Channel which is the television based operation of Poker Heaven is reportedly up for sale. Both products are owned by the Gaming Media groups who have hired Cavendish Corporate Finance to advise re the sale.
The Poker Channel is expected to generate earnings of £350,000 on sales of £1.5m. Poker Heaven utilizes the Boss poker platform which is a European facing poker products and is predicting earnings of £1.5m on revenues of £11.3m this year.
As ever the heavyweights of the gambling industry are being associated with the product. These include PartyGaming who run Party Poker and 888 who run Pacific Poker.
Written for Internet Poker by Cool Hand Greg.
Related posts:
