Online Poker -- Blanca Games Acquires Cereus Poker NetworkCereus Poker Network Includes Both UB and Absolute Poker |
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It was announced late Thursday afternoon that Blanca Games Inc. had acquired the Cereus Poker Network, which includes both the UB and Absolute Poker brands. The Kahnawake Gaming Commission approved the acquisition and a press release is due out from Tokwiro early next week.
Despite new ownership, Blanca Games CEO Stuart Gordon assures that it will remain business as usual at both UB.com and AbsolutePoker.com.
“We are confident that the Cereus Network has found an excellent home in Blanca Games,” Gordon said. “Over the past several years, Cereus has developed into an outstanding platform, which is poised for significant growth. This transaction will benefit Cereus players and employees alike. We expect no changes in the playing experience on the Cereus sites, except for the improvements that will likely be the long-term result of this transaction.”
Gordon added in the press release, “From our perspective, we have acquired a large, sophisticated online gaming operation with state-of-the art capabilities, ranging from compliance to business intelligence to online marketing to customer service. We see a tremendous growth opportunity in this deal and beyond, as Blanca seeks additional acquisitions in the market.”
Gordon founded and currently manages Helix Gaming International and BingoMania.com, both of which are licensed and regulated in the jurisdictions of Kahnawake and Antigua.
Gordon also took some time out to address the Cereus Network’s ongoing security concerns.
“We intend to leverage the existing strengths of the Cereus Poker Network, particularly in the areas of security and customer service. Although we are impressed with many of the new security features on the Network today, security is and will remain our top priority. We’re also pleased with the efficiency and the player-friendly approach of Cereus’s customer-service operation, but we will always be seeking to improve in this area.”
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