Vancouver, BC, Canada – May 9, 2002 – Poker.com, Inc. (NASD OTC BB:PKER.OB), a leading provider of online gaming systems, today reported record results for the three months ending March 31, 2002.
Total revenues for the third quarter were $710K, a new record for the Company, which represents a 57% increase compared to reported revenues of the same quarter last year of $452K. Net income for the quarter was $77K, or $0.0045 per share.
First quarter revenue gains were the result of a significant increase in revenues generated from licensing and royalties. Licensing revenues increased to $447K, up from $165K, the same quarter last year. Royalty revenues increased to $241K, up from $131K, the same quarter last year.
Christa Taylor, Poker.com’s President and CFO, states, “Q1 2002 is exactly as I projected. We are all working hard to ensure that the remaining three quarters are on target and that 2002 will be an astonishing year for Poker.com Inc.”
Poker.com will be a Silver Sponsor at the Global Interactive Gaming Summit & Expo in Toronto on May 13-15, 2002. The 2002 Summit & Expo is a three-day event consisting of many informative presentations as well as time to network with the leaders of the Online Casino.
$100 Free from Big Dollar Casino
Big Dollar Casino has just hit the Net and is giving away a $15 free bonus, no purchase required, to celebrate. You can get an additional $85 in deposit bonuses on top of that, for a total of $100 in free money. There are 47 no-download games to choose from at Big Dollar, as well as all of Jackpot Madness’ progressive jackpot games.
Sands of the Caribbean Launches New Software
Sands of the Caribbean has launched the latest version of its casino software, titled Version 5.0 – Global Edition. The new version has a number of great features, including tournaments with timed or multi-player events; the ability to request check payments in U.S. dollars, British pounds, or Euros; two new slot machines (Red Planet and Fish and Chips); and the Shoot-O-Rama progressive jackpot video slots machine.
The non-download Java games section has also been expanded. All of your favorite 168 games like Blackjack, baccarat, and Let It Ride poker are still there but they’ve got new, lower betting limits. The Java casino also features Sands’ progressive jackpot games, so you can win big without downloading. Be sure to backup your existing account before downloading the new version.
Four New Video Pokers at CherryCasino
You’ll find four new video poker games the next time you head over to CherryCasino. All-American Poker, Jokers Wild, Jacks or Better, and Double Bonus Poker have been added to the list of great games at the casino, for a total of seven VP games to play. Betting limits have changed as well, with 10¢ minimums and $5 maximums on VP.
$80 Free from Grand Casino Venice
Get $10 free, no purchase required, when you sign up as a new player at Grand Casino Venice. There’s also a 100% match bonus up to $50 and a $20 bonus if your first purchase is over $100 and made with FirePay, PayPal, or NETeller. That’s $80 in free money.
Grand Casino Venice also features all of the Jackpot Madness progressive jackpot games. The Cash Splash jackpot is up to $105,000 right now, and Triple Sevens Progressive Blackjack isn’t far behind at almost $85,000 so be sure to try your luck this weekend.
Play for Free and Win Real Money at Poker Room
Tonight would be a good night to check out Poker Room. There’s a multi-player Texas Hold ‘Em tournament with a $50 real money prize. Sign up and you’ll get 1,000 play money credits to buy into the tourney; win and you’ll walk away with real cash in your account. Play begins at 6 p.m. EST.
Poker Room is one of the premier poker destinations on the Net, especially if you’re into tournament play. There is a choice of Texas Hold ‘Em, Hold ‘Em tournaments, and Blackjack on the site, as well as some great poker playing tips if you’re looking to improve your game.
Coral Eurobet Launches New Online Casino
UK-based sportsbetting giant Coral Eurobet has announced the launch of its new Net casino. The casino was built by Chartwell Technologies, which now provides software to three of the top five bookmakers in the UK. Coral anticipates the site will be a good compliment to its land-based betting shops.
in $100k+ at Sands of the Caribbean
You can play some of the biggest online progressive jackpots this week at Sands of the Caribbean. Sands is home to all of Jackpot Mania’s progressive jackpot games, and the pots are huge right now. The Video Keno jackpot is at $110,000, Spice Island Poker is about to break $134,000 any minute, and the old favorite Rags to Riches has already passed $135,000. You’d have to be crazy to miss out on the chance to pocket all that cash.