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Duplicate Poker Reaches Quarter Million by:Webmaster Tuesday, September 16, 2008 Duplicate Poker has this week announced it has registered its 250,000th player. One of the fastest-growing online poker communities, the milestone “reinforces the growing interest and success of this unique skill-based online poker game”, which applies the dealing and scoring protocols of Duplicate Bridge to Texas hold ‘em. Duplicate Poker is a US corporation operating a legal US poker room with headquarters in New York, and offices in Tel Aviv, Israel. The company, which launched in June 2007, now has active players on five continents and is growing at a rate of 20 percent a month. “DuplicatePoker.com has quickly gained global appeal and poker players at all levels are playing this new game and developing new strategies for winning,” said Pinhas Romik, founder and chief executive of Duplicate Poker. “Our revenues have increased six-fold since the public launch and we expect the game’s popularity to continue its upward trajectory.” Leveraging three successful rounds of angel funding that attracted $11 million in investment capital, the leadership team of Duplicate Poker—led by Romik—has been able to build both a following among online poker players as well as a solid foundation for future success. How does Duplicate Poker work? Players sitting at the same position at different tables are dealt the same cards. As a result, Duplicate Poker eliminates the luck of the draw and pits players’ true poker skills against each other. DuplicatePoker.com offers both free play money and real money games. Real money players can deposit funds using Visa, MasterCard and PayPal. “Duplicate Poker has the potential to be as popular as Texas Hold'Em, Omaha or 7-Card Stud,” said Romik. “Yet unlike these games that have uncertain origins, we have patented the Duplicate Poker process and it has the potential to be marketed, licensed and monetized globally. Our legal status in the US also offers a competitive advantage.” As Duplicate Poker enters into its B round of funding, it hopes to increase penetration into growing European and Asian poker markets. The company also plans to fund innovative marketing opportunities that can extend the reach of the game among online and offline poker-playing communities. |
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