|Keno.com, the wholly owned subsidiary of Gaming Transactions Inc., has entered into an agreement with RedFelt Software who will provide them with internet-based poker.|
The software will include poker games such as Texas Hold'em, Omaha and 7 Card Stud, as well as newer games like Omaha Hi. Players will be able to pick from ring game action, daily tournaments with entries to the World Poker Tour, the World Series of Poker and all the major events.
Patrick Smyth, CEO, said, 'Our user demographic on Keno.com is made up of a wide cross-section of players. This wide base gives us the opportunity to cross promote our games with other mainstay products such as poker.'
Research firm Christiansen Capital Advisors says online-poker revenues have grown from $82.7 million in 2001 to $2.4 billion in 2004 and the projected amount was close to $5 billion for 2005.