Online Poker Site Makes Top 50 UK Companies

When poker first came to the internet it was completely new ground. Expectations and profit margins were simply question marks in the beginning, as investors and businessmen were uncertain how poker would catch on online. Since the mid-1990s, online poker has been building a head of steam, and now one company is firmly seated among the top 50 largest companies in the United Kingdom. PartyGaming, ringing in at number 47th, had a $400 million profit last year, coming off revenues of $12 billion. The UK legalized such sites in 2005, and online poker sites seek places like the UK outside of the United States to set up camp, even though the bulk of the money funding these sites comes from US players.