Newly launched online poker room PokerShare.com has joined the Excapsa Poker Network, home to major league players such as UltimateBet.com and UltimatePoker.com. By linking up with Excapsa, Poker Share can take advantage of the online poker network's one million-strong player base, guaranteeing itself the critical mass necessary to compete in today's aggressive market.
The launch of Poker Share has introduced a new concept to the world of online poker. When playing at the site, users do more than just compete for pots; they actually become investors in the company. Every quarter, Poker Share sends its players a chunk of its profits. The share of profits going to each player is determined by the amount of time he or she plays on the site, the amount deposited for buy-ins, and the number of pots entered.
Jim Ryan, CEO of Excapsa, commented, "We look to license our product to innovative groups like Pokershare.com who bring fresh ideas to the online poker arena. And, by leveraging our established network, Pokershare.com has a head start over other entrants into this market."
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