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Most Secure Poker Sites

Monday, June 2nd, 2008 | Michael | Poker Articles, Poker Network, Poker Room

The E-Gaming business as a whole has a very rogue reputation. In my opinion one of the reasons is that a considerable amount of the companies are located on offshore jurisdiction, like Costa Rica, Netherlands Antillies and Antigua & Barbuda. These companies have no obligation to disclose any financial information to the public. We at the Poker Bankroll Blog have therefore made a top 10 list of the most financial secure poker sites available online.

But first of all, what is a financial secure company? Is it the company with the largest revenue, the highest equity, the largest traffic or the largest market value?

We believe that the best measurement is to rate the companies after how large the market value of the company is. The reason being that publicly listed companies are obligated to inform the shareholders about their financial status. Where as non-public companies are not. For example, the poker sites with the largest traffic - Poker Stars - is registered on Isle Of Man and is privately owned.

If you Google “Rational Entertainment Enterprises Limited”, the company that holds the ownership of Poker Stars, you will only get the following information about this company:
Rational Entertainment Enterprises Limited
10 Hill Street
Douglas IM1 1EF
Isle of Man

Poker Stars most likely earns a considerable amount of money every year, but we cannot be sure.

Another reason for using the listed companies as a measurement for the security of the company, is based on an often used Economical Theory. It is assumed that the market value of a company is a function of all information available to the public. This means that every little piece of information is gathered and interpreted about the company; the accumulative sum of this information gives the market value.
Because these companies are listed on the stock exchange they also often show a larger social awareness. Many of the companies are active in helping people with gambling problems.

The top 10 list of Companies offering Poker are:

1. Skypoker – BSKYB PLC – Value 25158M Euro
2. Ladbrokes – Ladbrokes PLC – Value 2476M Euro
3. Bet24 – Modern Times Group  – Value 2330M Euro
4. William Hill – William Hill PLC – Value 1778M Euro
5. Paddy Power – Paddy Power PLC – Value 1160M Euro
6. Party Poker – Partygaming – Value 1068M Euro
7. BWIN Poker – BWIN Interactive Entertainment AG – Value 758M Euro
8. Pacific Poker (888) – 888 Holdings PLC – Value 631M Euro
9. Unibet Poker – Unibet Group PLC – Value 457M Euro
10. Eurobet Poker / Coral Poker – Rank – 446M Euro

Source Yahoo Financial.

Written by Michael

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