|Fresh from its recent acquisition of Midas Entertainment, AngelCiti has announced that it has purchased CityPoker.com in order to ‘further spearhead’ its poker operations and take advantage of the expanding market. AngelCiti has said that Midas will soon be trading under its own ticker symbol and that it is currently pursuing some ‘attractive financing and strategic alliance opportunities, which should further enhance the value of the transaction’.|
George Gutierrez, AngelCiti president, said of the new deal: 'The company's strategic vision continues to unfold with our acquisition of a world-class website from which to promote our online poker operations. CityPoker.com should provide a great deal more traction as we continue to promote and market our online gaming properties. We anticipate beginning a heavy marketing campaign into the fall season, when online gaming traditionally begins to pick up dramatically.'