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  16-Dec-12, 06:55   #1
PokerStars invest in Spanish casino 0 
Sorin888 
Joined: Apr '11
Location: Romania
Age: 51 (M)
Posts: 2375
PokerStars' mission to establish themselves as the number one poker providers in the world continued following the announcement of a partnership with Spain's Gran Madrid Casino.
The joint venture comes just weeks after PokerStars' deals with London's Hippodrome and Atlantic Club casinos.
With a 70% share of Spain's online market, the move will certainly be a popular one. Moreover, it looks to be the latest step in PokerStars' bid to establish live roots across the globe.

     
  16-Dec-12, 16:48   #2
  0 
Mober 
Joined: Mar '09
Location: Greece
Age: 39 (F)
Posts: 10021
How can someone tell that a company is running hot Smile
They are one project after another, and no doubt they will succeed in all of them,
making their pockets even bigger.

     
  16-Dec-12, 17:07   #3
  0 
pinku135 
Joined: Sep '12
Location: India
Age: 24 (M)
Posts: 335
PokerStars is running hot !!!
They are just encashing with all the name and fame they have gained in the world of poker ..!!

They are the best in online so they are trying hard to become best offline too !!
their monopoly over the world of poker is just getting bigger and bigger Smile

Good luck at the tables Smile

     
  16-Dec-12, 18:25   #4
  0 
RoninHarper 

Joined: Nov '12
Location: Canada
Age: 48 (M)
Posts: 4440
Posted by Sorin888:
PokerStars' mission to establish themselves as the number one poker providers in the world continued following the announcement of a partnership with Spain's Gran Madrid Casino.
The joint venture comes just weeks after PokerStars' deals with London's Hippodrome and Atlantic Club casinos.
With a 70% share of Spain's online market, the move will certainly be a popular one. Moreover, it looks to be the latest step in PokerStars' bid to establish live roots across the globe.


Well it is good business for Pokerstas to do exactly this. Why not continue to grow bigger and better.
It will also give all there sponcered players a free hotel room to stay in when playing live events Smile
Those free rooms will also be tax write offs for them too.
Go Stars Go!
Good luck at the tables mates.

Ronin Harper
Cool

     
  16-Dec-12, 18:46   #5
  0 
pochui 

Joined: May '08
Location: Lithuania
Age: 32 (M)
Posts: 8633
wrote this some time ago, and can only repeat myself- pokerstars is sitting on bag of cash, it generates lots of money, which is just sitting in their accounts: therefore they have a few options- to pay out dividends or to invest in other long term projects which look profitable enough for them.

     
  17-Dec-12, 04:58   #6
  0 
fcumred 

Joined: Apr '08
Location: United Kingdom
Age: 47 (M)
Posts: 1238
having seeen how bad hte spanish are at poker, they've picked the worst spot for it.

PS must really be desperate for trade if they are relying on the spanish for decent games of poker.

     
  17-Dec-12, 20:32   #7
  0 
Macubaas 
Joined: Apr '11
Location: Romania
Age: 27 (M)
Posts: 6668
From what i know the online poker market is already reglemented but they are not allowed to play with people outside Spain...

As for the move that Pokerstars is doing all around the world i think it's a pretty logical move, i mean they almost have monopol on online market, time to get the live one too Smile

     
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