PokerStars is the largest online poker
PokerStars is the largest online poker cardroom in the world.
PokerStars' satellite tournaments produced the 2003 World Series of Poker champion, Chris Moneymaker, as well as the 2004 champion, Greg "Fossilman" Raymer. Those two now act as spokespeople for the cardroom, as does 2005 World Series of Poker champion Joe Hachem, also a regular player on the site. In March 2007, poker room manager Lee Jones announced his retirement, effective April 1. His successor has yet to be named.
Launched in September 2001, PokerStars is owned by a Costa Rican company, Rational Enterprises. With its company headquarters on the Isle of Man in the Irish Sea, PokerStars is also licensed by the Kahnawake Gaming Commission in Canada. Since relocating to the UK Crown dependency, PokerStars has been the subject of financial media speculation regarding a possible IPO or merger with a publicly listed company. Analysts estimated its market value would be approximately $3 billion (US), which would have made the company one of the world's largest privately held gambling companies.
PokerStars overtook PartyPoker as the world's largest online poker room at around the time the U.S. Congress passed the Unlawful Internet Gambling Enforcement Act. Many sites, including PartyPoker, immediately suspended business with U.S. gamblers, while others, including PokerStars, did not. On May 19, 2007, PokerStars dealt their 10,000,000,000th hand.
~http://en.wikipedia.org/wiki/PokerStars ~
Artist/Author: wikipedia January 2, 2008 | |