Titan Poker set to penetrate the European Market with acquisitions
Posted on January 27, 2010 by John Trevors for Luckyroom.com
After a lot of trouble and noise during this past week regarding the trouble European facing poker rooms hosted on the ipoker network are going through due to the fish vs shark ratio introduced; industry inside information has revealed that Titan Poker will be moving forward with acquisitions of smaller online poker rooms hosted on the same network which are currently in major trouble due to the fines they have been presented by the management of ipoker due to inability to deliver fishy players to the tables.
Amongst others which have not been yet officially confirmed Titan Poker is said to be acquiring Chili Poker at first; only to follow with one more acquisition of a similar size ipoker skin which is running through serious problems due to the new rule posed by the Cypriot registered and Israel operated European poker network.
It is only fair to say that after the agreement with popular UK facing betting brand William Hill went through for ipoker to merge the betting brand’s poker and casino division to its network; things have started to be cloudier than cloudy for small site owners as this has more or less set the beginning of the end for them. Ipoker has found itself in the position of having 2 big brands under its belt and realistically in no need for further trouble.
The question that arises of course is if Titan eventually will take over the whole operation as it does seem to have set the standards too high for anyone to follow? It’s aggressive expansion strategy seems to be on a good track in the past 2 years allowing the brand to grow from strong to stronger and from medium to huge following with long term relationships for advertising on some of the world’s most respected online poker portals and directories which have had Titan listed as 1st ranking poker room for more than 12 months therefore allowing it to overcome the ratio of winning players to that of fishy players.
It is well mentioned that the popular poker brand (Titan Poker) which is marketed by Israel based Euro Partners has only recently launched its own betting division going under the name Titan Bet and is expected to launch its own playtech powered online bingo site going under the name Titan Bingo; It is crystal clear that the following six months will be a period of merges and acquisitions as the well thought plan behind the two large European poker networks will eventually leave no alternative to the small poker skins than to sell their businesses, give them up or merge them (donate them) to one of the big boys; we can only pass on our support and our respect to a huge effort put in by new ventures which have been set a destiny to fail due to third party intervening.
On the one hand this brings the thought behind what Titan might be doing better than fellow skins that are closing down but on the other hand it is only fair to say that the small sites have been shot in the foot; our expectations that this industry will soon be run by the big boys and only; is day by day turning out to be very true. The truth is yet to come!
If you may want to read more inforamtion regarding Titan Poker or Titan Bet follow the previously highlighted hyprelinks which will direct you to their dedicated review pages which explain and highlight features, offerings, hits and losses. Additionally new players interested to sign at Titan Poker will have the opportunity to use the Titan Poker Bonus Code in order to claim the exclusive $500 sign up bonus offer.
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