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DATE: May 26 2012
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Poker.co.uk - Poker News Archive

Monday 17th January 2005

Figures highlight healthy state of online gaming market

An online poker software company announced last Thursday after the markets closed its initial figures from a four and a half month time in operation.

Midas Entertainment confirmed it has taken over $32.6 million in bets, processed more than $3.2 million in payments and generated $712,000 in gross revenue during opening period, exciting investors and traders alike.

Midas Entertainment's President, George Gutierrez, said: �We continue to be amazed by the rapid start we've experienced in growing our user base, processing transactions and generating revenue. The online poker market has grown over 700 percent this past year and continues to expand dramatically. We are projecting continued growth for both the industry and our company as we look forward to pursuing many exciting opportunities in 2005.�

Midas provides gaming software to online-poker sites including CityPoker.com, KingMidasPoker.com, DesertPoker.com and SharkPoker.com.

Source: OnlineCasinoNews

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