Pokershare’s tribulations with Excapsa are a thing of the past, with the profit participation site back online in a new partnership with the fast-growing Tain network, using poker software from the same company.
After four months analysing new softwares, PokerShare.com, the online poker room that shares its cash with its players, has launched a new site in Beta mode for now.
Tain is a Swedish company that did a Bodog-style deal with poker software developer MicroPower before it was acquired by Chartwell Technology, and has used this source code to introduce its own unique modifications and improvements. There are 6 gamestyles and the company has attracted big international companies like Parbet, Expekt, IndoBet, CBN and InniGame to its network, building up a creditable critical mass in only six months of operations.
Staffers at the ICE show in January told InfoPowa that the global player roster at that point included over 300 000 individuals, and numbers simultaneously on-network swing between 3 900 and 9 000. Tain has a Malta based Support which it is growing, and 12 major licensees.
Getting back to Pokershare’s resurrection, the company has amicably settled its disagreement with Excapsa Software and Game Theory (see earlier reports) and has launched the new software. For now, PokerShare is available in Beta mode exclusively for existing players.
Poker room manager, Max Wright said, “We’re excited to finally return to the market, we have a great new product which I’m sure will be a hit with all of our old players. I want to get as much feedback as possible before we open the doors to new players next month.”
When PokerShare.com launched in 2005, it challenged the status quo in the online poker industry by providing poker players with an unmatched value proposition in what was and still is a crowded market place. PokerShare.com offered players the chance to share their success simply by playing; hence its meteoritic rise in popularity and a player outcry when it was booted off the Excapsa network.
CEO Lucan Toh says that the company will remain true to it’s profit share principles, and even has plas for an online casino variation branded Casinoshare.com in the not-too-distant future.
“PokerShare was the first poker site in the world to offer its players the opportunity to share in its success,” said Toh. “We’re extremely proud of this and very excited about welcoming back our loyal customers on the Tain poker network. We’re looking forward to a long and prosperous relationship with Tain.”
The Poker Share Trust has the ultimate benefit of 40 percent ownership of PokerShare.com. It receives cash every month which it returns to the players through its unique Share Point Loyalty Programme. If PokerShare.com floats on the stock exchange or is bought by another company, players will receive cash based on the number of Share Points they have.
PokerShare.com is operated by Playit Ownit Limited and licensed by the Kahnawake Gaming Commission through its parent company, GamShare Limited. Both GamShare Limited and Playit Ownit Limited are based in Gibraltar.