Absolute Poker and UltimateBet Merge, Form Online Poker Network

PokerStars and Full Tilt have a pretty strong hold on the Internet poker industry. The two will now receive a bit of a challenge from a group who has recently been mired in controversy.

Absolute Poker and UltimateBet are trying to regroup from a cheating scandal that has severely hurt their customer base. Now they will try and rebuild both their reputation and their customer base together.

The two sites have merged to create the Cereus Poker Network. By coming together, the two brands owned by Tokwiro Enterprises Inc. will look to become the third largest poker network in the world.

Full Tilt and PokerStars are still accepting American customers. That fact alone gives them a huge advantage over their competitors. Both of those sites are watching their customer base grow on a daily basis.

"Our company's goal is to provide poker players with the ultimate online experience. The launch of Cereus is a major step for us in achieving our goal and we look forward to making many more exciting announcements very soon," said Paul Leggett, Chief Operations Officer of Absolute Poker and UltimateBet.

July 25, 2008
Posted By Terry Goodwin
Staff Editor, CasinoGamblingWeb.com
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