In 2000, Parasol gave Anurag Dikshit, a software developer from India, shares in her company’s global media in exchange for Dikshit’s creation of a platform for multiplayer poker games. Dikshit already ran a highly successful enterprise of his own,토토사이트 and he extended an invitation to Parasol to become a business partner in his enterprise as well.
The two brought on board an additional pair of founders: Parasol’s husband, Russ DeLeon, would take on the role of the chief operating officer, while Vikrant Bhargava would be in charge of marketing. Because of this, the foundation of PartyGaming was established.
PartyPoker was established in 2001, and since 토토사이트then, the firm has provided other operators with the opportunity to participate in pooled liquidity by purchasing a “skin” for their version of the game that runs on the same network as PartyPoker. This presented an opportunity that was quickly taken advantage of by several large casino sites, and before long, the global media poker network was up and running.
The website was attracting tens of thousands of concurrent gamers daily, which was excellent from the perspective of money. Still, the initial infrastructure was reaching its capacity and beginning to show signs of strain. Dikshit and his team of developers’ responsibility were to rewrite the software to accommodate a significantly bigger number of players.
The company’s growth rate was consistently in the double digits from month to month, and it appeared that the only thing that could stop the company’s success would be a software crash. The development team worked carefully and produced changes allowing for more broad liquidity pools.
By the time the World Poker Tour was in its second season, it was clear that poker was here to stay, and the people at Party Poker wanted a piece of the action. Online poker made it possible for recreational players to compete in high-stakes live tournaments at a fraction of standard entry fees (something that changed the industry forever in 2003 when Chris Money maker won the WSOP Main Event).
PartyPoker, who was the market leader at the time, decided to form a collaboration with the tour. As part of this partnership, PartyPoker would become the official site for qualifying events to be played on and would have their name prominently shown during the broadcast.
To take things one step further, the website offered Mike Sexton, who served as the voice of the WPT, a partnership arrangement. Not only was Sexton a professional player, but it was also obvious that he was becoming the main broadcaster for the sport. Therefore, having Sexton serve as PartyPoker’s spokesperson could not have a negative impact in any way.
Now, PartyPoker has successfully secured sponsorship of one of the most important poker tours and the tour’s flamboyant ambassador. Since they had moved to Gibraltar, the four people who had founded the website found themselves living in very prosperous times.
PartyPoker achieved the position everyone aspired to achieve in 2004, which was the mountain’s peak, thanks to its investment in the World Poker Tour (WPT) and the additional revenue generated by its significant licensees, such as Empire Poker.
The question that needed to be answered by the management team was straightforward: