Bitcoin only Satoshi Poker up for auction.

By RP, April 16, 2014

Dutch entrepreneur and Satoshi Poker founder Bart van Oort is offering Satoshi Poker.org for sale via a 48-hour auction after just one year of operation.

van Oort is touting the sale of the Bitcoin-only poker domain on bitcointalk.org saying he no longer has the time or personal stability to move the business forward to its full potential.

Included in the sale is a fully paid licence and $40 000 Enterra Poker desktop client package along with a custom built backend that services Bitcoin payments and affiliate records.

Satoshi Poker reportedly generated total rake of 98.4 BTC (approx. $50 400) in 2013 and to date has generated 7.6 BTC (approx. $3 900) in 2014.  19 BTC (approx. $9 700) is owed to players and 3.9 BTC (approx. $2 000) is tied up in pending withdrawals.  The operation claims to have 4648 registered players.

van Oordt is starting bids at 30 BTC (approx. $15 300), saying a portion of the final selling price will be used to cover player balances.

Latest posts from van Oordt indicate interest but no binding bids.