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New Online Poker Room Opens for Business with Real Money Play
(Press Release) CYOP Systems International Inc. (OTCBB:CYOS), a provider of online gaming software and operator of games portals, is pleased to announce that its site, www.redfeltpoker.com, is open for cash play.
RedFeltPoker.com is operated through the company's UK subsidiary, Red Felt Software Inc., a fully licensed UK Corporation.
The website includes classic poker games of Texas Hold'em, Omaha and 7 Card Stud, as well favorites such as Omaha Hi. Players will be able to pick from ring game action, daily tournaments with entries to the World Poker Tour, the World Series of Poker and all the major events.
Research firm Christiansen Capital Advisors says online-poker revenues have grown from $82.7 million in 2001 to $2.4 billion in 2004, and the projected amount is close to $5 billion for 2005.
And, according to GamingPublic.com, the online gambling industry is the fastest growing industry on the Internet. Global revenues from online gambling will reach $15 billion in 2006, up from $10 billion in 2005 and $7 billion in 2004.
Mitch White, CEO of CYOP, commented, "At RedFeltPoker.com, we're committed to running games that will set the highest standard for fairness, security and privacy. On all our games, players compete against other players from around the world. We provide a safe, fair and fun venue for people to enjoy poker, raking a small percentage of each large pot."
About CYOP
CYOP is a provider of multimedia transactional technology solutions and services for the entertainment industry and a developer of IGaming software. The Company's range of products and services include financial transaction platforms for online video games, licensed online gaming software, gaming websites, poker portals and integrated e-commerce transaction technology for online merchants. Cross platform of brands include flash casino games, downloadable casino games, sports betting software and skill games.
For more information please visit www.cyopsystems.com.
Source: Business Wire
Friday, 24 March 2006
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