In late August, 2005, PokerShare.com debuted with great fanfare, the first online poker site to offer its players shared company revenues in the form of stock holdings and dividends. In just over two months, PokerShare.com apparently grabbed enough attention and registered enough players to give the more well-known online poker rooms a run for their money. UltimateBet.com didn't take the threat lightly and allegedly pressured Excapsa, the hosting poker network for both sites, to pull the plug on the online poker upstart.
Having ceased operations in December, PokerShare.com has not been heard from for a little over two months now. Apparently though, whatever issues PokerShare.com's operator, Playit Ownit Ltd., had with Excapsa have been resolved, and the site is currently preparing to relaunch come March. Max Wright, PokerShare.com's Director of Gaming commented on his site's imminent relaunching, saying that "we are in tip-top shape for our return to the market ... We fully expect to regain our status as the most promising site on the web."
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